Categories: Proactive maintenance
| On
July 23, 2015

Inventory Cost Savings

3 Steps Toward Improved MRO Profitability

In today’s economic environment, the pressure has never been greater to:
– Reduce operating cost
– Improve efficiencies
– Increase dollars going to the bottom line

Many cost-savings opportunities can be found within your existing inventory (particularly your spare parts inventory), that are often ignored until something fails. Please join eMaint partner Professional Materials Management as they explore the following in this informative video:

– How to quantify the opportunity for your business so you can determine if the effort and cost is justified.
– Where to start and how to develop an inventory reduction roadmap to achieve your inventory management goals.
– How to measure and manage the inventory indicators so you can stay on the path and know when you have achieved your goals.

Several real-world examples will be shared on the three steps toward improved MRO profitability:

– Quantifying your true MRO costs
– Implementing changes that have high impact
– Measuring and Monitoring key indicators to ensure success

Upcoming Live Best Practice Webinar – Register Now!

Topic: The Powerful Principles behind RCM
Date: Wednesday, September 11, 2019
Time: 11 a.m. ET
Presenter: Nancy Regan,  founder and president of The Force, Inc.
About: Even if you never intend to apply Reliability Centered Maintenance (RCM) specifically, the basics provide a wealth of knowledge that can be (and should be!) applied to just about any asset improvement initiative. Hear RCM expert Nancy Regan’s engaging presentation on what you need to know.