MRO Inventory - MRO Optimization: Best Practice
Minimize Risk, Maximise Uptime with Maintenance, Repair and Operations (MRO) Inventory Control
Having the right critical spares and materials available when needed, to perform both planned and unplanned maintenance, is essential to reliability and safety in the Oil & Gas sector. But a variety of factors make accomplishing this goal extremely difficult, such as the sheer volume of items, diversity of equipment, varying levels of criticality, inconsistent lead times, slow and lumpy demand history, consideration of upcoming projects and the time required to gather and organise essential data for decision making.
In this whitepaper, you’ll find a practical guide to 12 high-level business requirements for MRO optimization of critical and non-critical MRO inventory spares and consumables, along with the elements of an ideal inventory optimisation system.
These best practices are fundamental to inventory optimization – and to achieving the levels of inventory efficiency that drive better asset and operational performance.
In this white paper you will:
- Discover the unique requirements of managing inventory in an asset-intensive / MRO environment
- Learn 12 essential best practices of MRO Optimization of MRO inventory for Oil & Gas companies
- Discover the types of quantifiable benefits major Oil & Gas companies around the world are currently achieving by adopting many of these best practices
- Build a competitive advantage in the Oil and Gas industry through innovation and technology
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