Material Management & Inventory Control

Optimizing the MRO Supply Chain

All industry segments, including goods, services, and government, buy MRO. Expenditures for MRO are typically 15-20% of a company's total expenditures. However, most companies who optimize MRO achieve a cost reduction of nearly 20%.

You Will Learn

• To understand the environment, key characteristics, cost base, marketplace, and key strategies for optimizing MRO
• The innovative and realistic tactics to improve the MRO management
• How to develop a methodology for assessing your own MRO environment and construct the work steps to realize specific cost reductions without sacrificing operational efficiencies

Course Outline

1. MRO baseline expenditures
2. MRO environment and challenges
3. Commerce cycle
4. Cash recovery
5. eCommerce
6. Opportunities and summary of trends
7. MRO tactics
8. Segmentation
9. Measurement
10. Best practices and benchmarks
11. MRO engagement work steps

Who Should Attend

Purchasing and supply managers, buyers, and maintenance managers who want to reduce costs and increase efficiencies of their MRO procurement.