MRO Inventory Optimization is now Considered Business Critical

While most manufacturers invest significant time, energy and resources into an Enterprise Asset Management (EAM) strategy, Maintenance, Repair and Operating (MRO) inventories have, for the most part, remained a misunderstood and mismanaged portion of a company’s asset base. In fact, there exists enormous potential for establishing a competitive advantage by optimizing purchasing and management of MRO inventories.