Spare Parts Can Cost Millions · MROConnection helps organizations improve strategies impacting...
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Spare Parts Can Cost Millions... Shouldn’t You Know Why? In one year, a complete and optimized MRO Lifecycle Management can deliver bottom line savings in the multiple millions of dollars. It involves: • Delivering MRO specific solutions that use industry specific science to determine correct ordering values that optimize material avaibility • Improving working capital needs by drastically reducing your investment in MRO inventories • Cleansing and standardizing item descriptions across the enterprise to correct years of erroneous, obsolete and duplicate data • Disposing existing inventory efficiently to recoup past capital investments to the maximumdegree • Creating ‘perfect storerooms’ throughout your enterprise, using industry Best Practices that optimize physical space and processes at every materials storage location MROConnection I Box 73 I Glenview, KY 40025 Who Owns the ‘Spare Parts’ Strategy at Your Company? The truth is often this multi--million dollar section of the balance sheet is overlooked, void of any strategy. Most companies are severely over--invested in spare parts. It’s an area of strategic importance because spare parts inventories directly impact working capital and profitability. Operationally, spare parts touch virtually every area of your company including purchasing, maintenance, engineering and procurement.Spare parts, or MRO inventories, truly have a storeroom--to--boardroom impact across your company. The good news is, MRO best practices opens up a whole new world of operational savings at your company. MROConnection helps organizations improve strategies impacting their MRO supply chain by providing the only complete MRO Lifecycle Management optimization solution available today.
Transcript of Spare Parts Can Cost Millions · MROConnection helps organizations improve strategies impacting...
Spare Parts Can Cost Millions...Shouldn’t You Know Why?
In one year, a complete and optimized MRO Lifecycle Management can deliver bottom line savings in the multiple millions of dollars. It involves:
• Delivering MRO specific solutions that use industry specificscience to determine correct ordering values that optimize material avaibility
• Improving working capital needs by drastically reducing your investment in MRO inventories
• Cleansing and standardizing item descriptions across the enterprise to correct years of erroneous, obsolete and duplicate data
• Disposing existing inventory efficiently to recoup past capital investments to the maximumdegree
• Creating ‘perfect storerooms’ throughout your enterprise, using industry Best Practices that optimize physical space and processes at every materials storage location
MROConnection I Box 73 I Glenview, KY 40025
Who Owns the ‘Spare Parts’ Strategy at Your Company?
The truth is often this multi--million dollar section of the balance sheet is overlooked, void of any strategy.
Most companies are severely over--invested in spare parts. It’s an area of strategic importance because spare parts inventories directly impact working capital and profitability.
Operationally, spare parts touch virtually every area of your company including purchasing, maintenance, engineering and procurement.Spare parts, or MRO inventories, truly have a storeroom--to--boardroom impact across your company.
The good news is, MRO best practices opens up a whole new world of operational savings at your company.
MROConnection helps organizations improve strategies impacting their MRO supply chain by providing the only complete MRO Lifecycle Management optimization solution available today.
One Simple Decision Can Improve Your Working Capital in 90 Days
Asset-intensive organizations around the world leave the complexities of MRO Lifecycle Management to us. We’re ready to talk about hard numbers and provide an analysis of predicted savings for your business – including projected contribution to your working capital within 90 days, and for the next three years. Take ownership of the MRO strategy at your organization by contacting Lance Gilbert today at 502-533-7562.
MROConnection I Box 73 I Glenview, KY 40025
About MROConnection:
An alliance of four industry leading MRO specialist companies, MROConnection is the leading single-source, turnkey solution provider for organizations that wish to transform their MRO supply chain operationsusing industry Best Practices in MRO.
Specifically, these leading practices encompass optimization, disposition, standardization, catalogue management, storeroom processes and best practices.
MROConnection helps asset-intensive companies gain control of supply chain inefficiencies once and ffor all, and achieve measurable results to the bottom line.
MROConnection has a proven track record executing within national and international industrial companies in the transportation, oil and gas, manufacturing, pharmaceutical and food and beverage industries.
Follow us:www.mroconnection.com
Contact:
Dick DefazioPresident and CEO, PCA [email protected]
Lance GilbertManaging Partner, Net Results [email protected]
