- Cost Reduction
- Inventory Optimization
- Plant Reliability
“We enable organizations in identifying opportunities to reduce overall inventory costs”.
We help you achieve optimum inventory levels and maintain desired service levels, by adopting techniques like – reviewing replacement order sizes, and dynamic safety stock. Through our analytics, you can identify and monitor indicators like – inventory obsolescence, and stock churn.Read More about Inventory Optimization
At any given time today there could be an industry that is doing well or doing badly, due to one of all the several reasons – lower demand, innovation in a competing area, government policies…, and most executives will tell you that their key challenge is managing ‘costs’ across the supply chain. Procurement function has not moved much in the years, barring – volume discounts, and negotiating low cost contracts. At OptimizeMRO we help clients go beyond that with – consulting, implementation, and ongoing support.Read More about Procurement cost reduction
Typically, supplier rationalization would mean, to pick the correct suppliers and have the right number as well. However, in the name of securing strategic relationships, one often resorts to shrinking the supply base. At OptimizeMRO we know better that supplier rationalization also includes – changing the supplier mix, maybe even increase it sometimes. And reduce them too – based on objectives set by the organization, or even a need to innovate, test them, or a simple hunch.Read More about Supplier Rationalization
Spend analysis is a catalyst that drives business decisions, as it has led to insightful findings and sustained savings for organizations. However, many times organizations have not realized the desired results with spend analysis, primarily because the organization – has failed to adhere to set standards, the input data is incorrect, and incorrectly classified, and this also results in not having control of the complete spend.Read More about Spend Analytics