23 May 2019

The road towards effective MRO Spare Part Inventory Management

The best sourcing and procurement procedures are of little use if the parts purchased are not available in the right place at the right time. There are many possible approaches to storing, handling and issuing spare parts and consumables, especially in the area of Maintenance, Repair and Operations (MRO).

According to the research about plant key success factors through spare parts inventory management, maintenance cost represents 15% up to 60% of the total operating cost. In other words, on average every 33 cents out of every dollar spend, will became the cost of ineffective maintenance.....

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