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Why MRO inventory is different from other inventory classes

MRO inventory differs from other inventory classes because demand is irregular, the consequences of stockouts are often far greater, criticality matters more than usage velocity, and repairable items and obsolescence add complexity that traditional inventory models do not handle well. Most businesses do not lose uptime because they do not own spare parts. They lose […]

Gordian Cuts Working Capital Tied Up in Spares

In today’s global and ever-changing environment, effective supply chain management is crucial to ensure that spare parts are available on time when required in support of the maintenance activity. Asset reliability and maintainability can only be achieved when backed up by effective purchasing, stock-holding and provisioning systems and processes within an organisation. Effective inventory management […]