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Best Practices to Increase Efficiency and Productivity while Reducing MRO Spend

As Reliability Engineers, we are tasked to consistently improve an operation and life cycle of systems. Many of the improvements are derived from changes in materials we add or remove from the identified system. These materials are referred to as MRO or Indirect Spend. MRO costs can add up to a significant portion of expenses for a business.

Unfortunately, this is the cost a business pays to remain in operation. Without spare parts and other associated materials, operations would cease to exist. Reliability Engineers can focus on these expenses that will improve the bottom line. This paper will focus on what MRO is, and provide examples and case histories of successful Continuous Improvement projects that reduce MRO costs and improve Reliability.

Click to download and learn more about the best practices to increase efficiency and productivity.

Best Practices to Increase Efficiency and Productivity.pdf

Success Story

It is important for my MRO supply chain provider to have a general understanding of my business--SDI knows my business from end to end.

SDI at Work

Data standardization is part of Google’s new initiative to help people find relevant datasets.  With a recent study from Data Science Central, it’s estimated that data scientists spend 60% of their time preparing data for analysis, rather than performing the analysis itself.  Therefore, the goal of this schema is to drive standardization so that more time can be spent analyzing it.