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.
2. 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.
3. 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 whole production on
hold.
4. 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’s.
5. 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 shows the path to success of the MRO procurement strategy
6. Benefits of MRO Supplies from E-Marketplace
Procurement of MRO products through E-marketplace/Online 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 business to business people in every stage of their
procurement.