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Monitors and adjusts order points, order quantities and lead times dynamically
Identifies excess inventory and incorrect min/max values, includes 30 separate control parameters
Considers variables such as criticality, demand and pricing
Highlights items in danger of stock-out proactively
Uploads results to ERP/EAM systems directly
Receive key performance indicators (KPIs) to demonstrate purchasing effectiveness and supplier performance
Review actionable reports for proactive MRO inventory management
Understand root causes of risky stock-out situations with automatic reports
Intervene when problems arise using itemized and categorized reports
Rely upon detailed data presented in a simple and easy-to-use format
Watch for these indicators where optimization can help:
The largest family-owned cereal company in the world implemented a standardized system to optimize and manage its MRO data. It succeeded in eliminating 731 duplicate parts descriptions, cutting $35,000 in direct costs by eliminating excess inventory, and reducing both ordering mistakes and downtime by filling requests faster.
The world's second-largest producer of titanium dioxide and a top producer of titanium chemicals implemented a best-in-class MRO solution to boost productivity by accelerating searches from minutes to seconds. It has also streamlined purchase request workflows from weeks to hours, costs reduced and eliminated excess purchases.
Renowned for its commitment to operational excellence and safety, this global energy industry leader established an enterprise-wide system to improve incident analysis and reporting workflows, enhance HES business intelligence and provide KPIs for corporate sustainability reporting (e.g. GRI, API/IPIECA).Learn more about our client’s successes