MRO Inventory Data Standardization

IN TODAY'S EVER CHANGING GLOBAL ECONOMY, companies must stay competitive to survive. Operating at peak performance is considered business critical. For asset-intensive organizations, a key to achieving peak performance is having a robust Materials Management program. It starts with an accurate and standardized MRO inventory catalog. We hear this all the time:

• What is the part named? - Craftsmen waste hours per day looking for parts because there are no standard naming conventions
• Who used the part? - If no one checks the part out, then count in the system will be inaccurate
• When should I order more parts? - Most of the time a part's inventory level has little to do with the importance of the asset that the part belongs to. This often results in too much or too little stock.
• Where can I find the part? - Parts are stored in bins on the shop floor or under the desks and their locations are often undocumented; searches waste time.

All this adds up to wasted time, extended equipment down time, and excessive inventory - wasted money.

MRG has been helping companies for over 25 years clean and standardize their MRO data as part of an overall Materials Management program. It doesn't matter if you are using SAP, Maximo or other CMMS/EAM systems; MRG has the experience. MRG provides a cost effective approach that utilizes our proven tools, libraries and experience to complete MRO data standardization projects on time.

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