MRO Optimization is an area of focus for all asset-intensive organizations, as it enables significant reduction of operational expenses, and enhances plant maintenance efficiency and reliability, MRO Stock. By gaining deeper insights into spend and consumption of spare parts, organizations can improve the efficiency of the supply chain, while ensuring availability of critical spares when needed. Our solutions enable organizations to understand how their supply chain can be optimized for performance, while keeping reliability balanced with cost reduction.
Emerging technology has revolutionized how MRO needs are serviced, but a major challenge is usually been the availability of accurate data across ERP, EAM, and CMMS systems, which is essential for strategic planning and decision making. The MRO material master is highly fragmented in many companies due to multiple stakeholders across regions adding and modifying the data over time. To overcome existing data inconsistencies developed over time, organizations have no option but to conduct a thorough Data Cleaning & Enrichment exercise to make sure all the MRO parts are classified as per an industry standard Taxonomy such as UNSPSC / eClass / ETIM, the SKUs are all cleansed and enriched with critical technical parameters, standardized long and short descriptions and the overall database is devoid of duplicates. Our services provide clients a comprehensive solution to cleanse, enrich, deduplicate their existing item master and create a new master database that that can be leveraged as a central repository of MRO items to drive all transactions.
Once such an initial ‘Golden Database’ is established, in order to sustain data quality, a well-designed Master Data Governance system is very crucial. We provide a cloud-based platform for Master Data Governance – Partlinq® MDG – which offers a fully managed MRO data governance solution for clients who wish to ensure their data quality does not erode over time. Partlinq® MDG is an AI-enabled platform, that also allows you to integrate multiple systems, MRO Stock, set custom rules, and define your own workflow.
Efficient performance of assets is very crucial for uninterrupted plant operations in asset-intensive organizations. Engineering and Maintenance teams are under tremendous pressure to reduce budget, labor, and operating costs while increasing production levels. The Management expects 100% uptime of assets and >98% OEE. The complexity and variety of industry-specific equipment, OEM equipment without proper BOMs make their task more challenging. OptimizeMRO Expert services can help to create Functional and Equipment BOM hierarchy with Critical spares, MRO Stock strategy along with Asset register and SPIR. Our services ensure the availability of the right spares for planned and unplanned maintenance.
The procurement function is critical in any organization, as it directly affects almost every other function in the company, as well as impacts profitability in a pretty significant manner. In order to reduce costs, there will usually be multiple initiatives running in parallel, but very often the internal bandwidth to run those activities may be limited. Or it may be that certain transactional activities get backlogged due to other activities, leading to a lag in the system. We enable organizations to enhance their procurement capabilities by providing a host of services around Strategic Sourcing, Order Expediting, Vendor onboarding, PO Processing, and many others.