Understanding the Cost of Asset Downtime and How to Minimize It
Asset downtime can have a significant impact on an organization’s bottom line, resulting in lost productivity, revenue, and increased maintenance costs. When critical assets break down, production comes to a...
How to Leverage Source to Pay Solutions in Your MRO Strategy
Few activities bear as heavily on a manufacturing or retail business’s success as the procurement and payment function. Source-to-pay (S2P) solutions dictate the price and terms of raw materials, the...
Why Organizations are implementing Purpose-driven Digital Supply Chain Solutions to Future-proof
The COVID-19 pandemic highlighted the world’s lack of readiness to manage through a global supply chain crisis and the need for digital supply chain solutions and management strategies that reduce...
How Retail Building Maintenance Will Transform Your Business
As shoppers flock back to physical stores, they demand the same convenient, frictionless experience they can get online. To deliver, retail shops and malls need a system to keep operations...
It’s an MRO New Year: 3 Ways to Meet Maintenance Performance Goals for 2022
Posted by on Mon, 01/24/2022 Bad data, incorrect inventory, unreliable storeroom procedures…all kept maintenance teams from hitting their performance goals in 2021. In today’s market, with continued supply chain disruptions,...
Integrated Facility Management Solutions that Work for You
Many of the constraints limiting integrated facility management solutions have been overcome in the last decade. De-siloed data is now available to decision makers and downstream applications; developers have created...
OVERCOMING 5 COMMON OBSTACLES MULTI-SITE FACILITIES MANAGERS FACE IN THEIR PREVENTIVE MAINTENANCE STRATEGIES
The COVID-19 pandemic presented organizations everywhere with numerous challenges to overcome. Supply chain continuity and the role it played within the health and safety of customers and employees was one...
Why a Connected Supply Chain is No Longer Optional
Today’s maintenance, repair, and operations professionals have access to a plethora of advanced technologies that automate processes, simulate market scenarios, and drive optimal decisions. The emerging fourth industrial revolution empowers...
3 Ways an MRO sourcing strategy can help provide greater efficiency
While many organizations have successful procurement strategies for their direct materials, 15-30% of revenues are spent on indirect supplies. This can include anything from marketing and IT to capital equipment...
