SDI Partners with Radwell International to bolster repair process management program.
Earlier this month, SDI announced a strategic partnership with Radwell International, a global leader for the repair of industrial electronic and electrical equipment. The announcement came as SDI launched the brand refresh on their specialty asset component-level refurbishment program, now known as RPM.
The program moves beyond simply managing the repair process to performing root-cause failure analysis aimed at:
- Increasing uptime
- Improving asset reliability
- Reducing costs
- Decreasing carbon footprints through the repair and reuse of asset components
Research shows that typically 10-15% of items that most production facilities throw away are repairable. This represents about a 5% savings against total new item spend.
The partnership with Radwell International is part of SDI's ongoing commitment to help manufacturers enable efficient manufacturing, reliable production and agile operations through more strategic management of MRO. SDI will continue to partner with like-minded suppliers to enhance the RPM program and continue to identify savings opportunities and process improvements that increase the productivity and sustainability in their clients’ production environments.
Read the full press announcement here: http://finance.yahoo.com/news/sdi-announces-strategic-partnership-radwell-130700017.html
It takes a progressive manager to push the organization to look at indirect spend and managing it in a different way - but once you see it, then you realize the opportunity.
In the third post in this series on MRO As-a-Service by Spend Matters, Pierre Mitchell and Michael Lamoureux talk about how managing MRO as a process delivers benefits from efficiency to effectiveness and beyond to an evolutionary phase. The next generation of value, MRO-as-a-Service, helps organizations build intelligent, agile, scalable and integrated supply chains (direct and indirect).
The project team has worked its way through Define, Measure, Analyze, and Improve. It’s time to begin the Control phase. The key stakeholders gather to evaluate the solution as implemented and create a plan to sustain the improvements. The goal is to standardize the improved processes, establish an audit schedule and schedule periodic follow-up to identify additional opportunities for improvement.