MRO inventory and purchasing, in this text, stands for maintenance, repair, and overhaul inventory and purchasing. It is the organizational function responsible for procuring and storing spare parts ...

MRO spare parts account for an average of 50% of the maintenance budget. It is the second most important function in maintenance (first being preventive maintenance) management. Therefore, it is ...

However, the industry environment is changing, and AI-powered MRO optimization is greatly improving inventory visibility and providing a new path to striking the right balance between procurement ...

Leveraging procurement technology in the materials supply chain can improve sustainability initiatives in the aftermarket, suggest experts at SkySelect. The industry often focuses on emissions ...

Aligning Procurement and Ops for MRO Optimization Our third hero wanted to find new ways to reduce risk by identifying obsolete/duplicate materials, reducing vendors and/or tail spending ...

SHANGHAI, Nov. 22, 2024 /PRNewswire/ -- ZKH Group Limited ("ZKH" or the "Company") (NYSE: ZKH), a leading maintenance, repair and operations ("MRO") procurement ...