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MRO Inventory: What It Is & The 10 Best Practices to Manage It

Unleashed

Maintaining healthy levels of Maintenance, Repair and Operations (MRO) inventory is essential to the smooth running of your manufacturing, distribution or wholesaling operation – even if MRO goods aren’t part of your final products. Learn more: What is Inventory Management? Techniques for 2022 What is MRO inventory?

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Consider Profitability in Your Order Promising and Improve Financial Outcomes 

Logility

Source: Logility, 2022. With AOP, your salespeople and e-commerce platform have accurate, real-time estimates of how much product is available to promise or capable to promise so orders will never go unfulfilled due to lack of available inventory. Source: Logility, 2022. Consider an order-taking process that enforces ATP alone.

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Piecing Together the SIOP Process

The Logistics & Supply Chain Management Society

Sales, Inventory, Operations Plan (SIOP) is a process within many successful supply chain organizations that recognizes the integral relationship between all departments in the company, but how do you piece together an SIOP process? SIOP stands for “Sales, Inventory, Operations Plan”, not to be confused with “S&OP”.

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One Multinational’s Supply Chain Transformation Journey

Logistics Viewpoints

While the company has several different goals, two key focuses are improved agility and resilience, and more autonomous planning. Not surprisingly a company this big, delivering different solutions to a variety of industries, has a complex supply chain. The company has over 300,000 products. A Complex Supply Chain.

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RS Integrated Supply Earns Silver Award for Safety Excellence – RoSPA Recognition 2023

Synovos

The program recognizes the winners’ commitment to continuous improvement in the prevention of accidents at work while examining health and safety management systems, including practices such as leadership and workforce involvement. “RS Together, the two form the world’s first MRO supply chain services company with true global reach.

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New Balance Has Plans for Added U.S. Manufacturing

Supply Chain Matters

Earlier this month, the company broke ground for a $65 million expansion of the existing manufacturing facility located in Skowhegan, Maine , which will double the capacity of this facility by the end of 2024. The company clarifies that while it’s MADE U.S. The company presently owns five manufacturing facilities in the U.S.

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ThroughPut Inc. Announces New AI-powered Financial Capabilities to Grow Bottom Lines Despite Market Disruptions and Supply Chain Uncertainties?

ThroughPut

PALO ALTO, CA, September 29, 2022 /PRNewswire/ — ThroughPut Inc. , The latest AI-powered software empowers businesses with a bird’s eye view of finances at the business unit and organizational level to identify those improvements in specific areas that can drive greater profitability and SKU-level contribution margins.