SDI

The Digital Supply Chain Company

Warranty & Repair Strategy as a Component of Reliability-Centered MRO

Repair Strategy as a Component of Reliability-Centered MRO
Share This Post

For the last 50 years, we’ve built our solutions to address the needs and pain points of our customers. We call our platform for supply and demand side management, Reliability-Centered MRO because it focuses on ways to make our clients’ production lines and facilities more reliable. And whether you’re in procurement, operations or maintenance, the common goal is ultimately reliability.

It starts with actionable data and information technology – the infrastructure and the data from which any endeavor to manage MRO stems. From there, we can execute on one or all of three different strategies:

  • Cash Flow Management, which focuses on the storeroom as a way to manage the MRO supply chain
  • Spend Leverage, which focuses on procurement
  • Asset Life Optimization, which lives in both the storeroom and procurement but typically involves a reliability engineering and maintenance component as well.

One component of any Asset Life Optimization strategy should also be a Warranty & Repair Strategy. Research shows that typically 10-15% of items are repairable, representing about a 5% savings against total new item spend. As part of our Asset Life Optimization strategy, SDI has a process for tracking repairs and performing root-cause failure analysis that allows us to more easily identify common failures for our clients, and address them. Our goal is consistent reliability – to focus on causes of failure and reduce them. We also handle the warranty process and partner with repair vendors that can bring assets back to factory standards. This collaboration provides greater visibility into root-cause failure analysis, thereby improving reliability. It’s a more sustainable and reliable way to find greater savings in MRO.

Coming in January, we’ll reveal a brand refresh on our Warranty and Repair Tracking Program in addition to some exciting partnerships and other great news.

Click here to view the image below in a larger format or to download

Browse other topics

Related Posts

Digital Transformation

Master Data Management Automation: A Catalyst for Operational Excellence and Agile Decision-Making

Explore how SDI’s MRO Master Data Management automation drives operational excellence and empowers agile decision-making. Discover the transformative power of data, the innovative Citizen Developer Program, and the journey of data creation in our latest blog post by Alyson McCulley. Dive into the role of data automation in enhancing data quality and ensuring data integrity, understand how our Citizen Developer Program fosters a culture of continuous improvement, and learn about the significance of data cleaning and standardization in making informed business decisions.

Read More →
Facilities Management

Navigating MRO Staffing Challenges: Addressing the Skilled Labor Shortage in Plant and Facilities Maintenance

Discover effective strategies to address the skilled labor shortage in plant and facilities maintenance, including partnering with educational institutions, diversifying the talent pool, and investing in employee development. SDI offers expert guidance and services to help organizations bridge the skills gap and drive business success in the face of the labor shortage. Contact us today to learn more.

Read More →