What are the MRO
Items?
MRO stands for Maintenance, Repair and Operation spares, it
plays a great role in every industry and support in the production process
along with maintenance works.
Difficulties of MRO
Procurement
Sudden halt or repair of a machine/equipment in industries
like cement, chemical, other utility firms and different varieties of
industries face a huge amount of loss or production deficiency.
This happens because of the MRO spares that fault in that
equipment/machinery, it is not easy to procure the spares immediately. It is a
difficult task for the procurement department to get it. Price may be high,
different spares want to be procured from a different supplier, it can’t
procure and store in the inventory for a long time. All spares can’t match with
all the machinery. This will put the whole production on hold.
Additional to this an ineffective acquisition method that
has too many stages within the purchase-to-pay method might produce extra
prices. To solve all this strategy must be defined to procure MRO Spares.
MRO Procurement
Strategy
To achieve the bottom line of a company its necessary to
strategies the MRO procurement process. A lot of MRO products involve directly
and indirectly in daily production work. According to the research, every
industry spent twice the amount on MRO procurement than the production of
machines or equipment.
Every production process depends on MRO items, which is more
responsible for handling the inventory. Maintenance works in all types of
industries wants the support of the MRO spares.
According to the survey of the Helicopter Association
International, industries spend 45% on industry maintenance.
For making the strategic decision experts words are required because it is not just a single time work. It makes great changes in production. For this experienced strategist are involved and make a start on it. Experts decisions and firms works show the path to success of the MRO procurement strategy
Benefits of MRO
Supplies from E-Marketplace
Procurement of MRO products through E-marketplace/Online The platform has lots of Benefits.
It can reduce the lead time, the buyer can’t get all spares
from a single supplier and single location but E-marketplace breaks the scenario of this and helps the buyer to spot all MRO spares and get it from a single hub.
Much more benefits no need to wait in front of the store for
a long time to get the products. Can get spares or the product directly to the place
without waiting. Different Payment method helps in secure payment. Mostly it
helps the business to business people in every stage of their procurement.
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