Many companies are struggling with how to align their investment strategies in order to improve their supply reliability and agility. Initiating your transformation journey with MRO materials management allows you to adopt innovative, resource friendly technology with less risk than one focused solely on direct materials. And, it solves key challenges for operations and plant managers who struggle to reduce supply risk without increasing cost across their enterprise network.
With much of the data being spread across a number of disconnected, legacy systems, MRO materials management remains very manual, time consuming and often subject to costly oversights or errors. As a result, many plants find themselves with duplicates and higher quantities of some parts but shortages or outages of others. This is further complicated as long standing institutional knowledge continues to leave the workforce in record numbers, leaving large gaps in expertise.
An intelligence-based and deep learning platform allows you to reach across all systems in your organization to identify redundancies or shortages, reduce both risk and time wasted, empower team members to make strategic decisions, and aggregate MRO spend and supply across your enterprise.