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Market Baskets: Delivering Value or Driving Distraction

In a highly fragmented supply environment such as the Maintenance, Repair & Operations (MRO) space, moving beyond market basket pricing as a driver of supplier selection is a key factor to long-term success.While a market basket approach works well for selecting a commodity provider, it can be distracting when looking for a more holistic solution. Pricing will always be a part of the selection process, but is by no means the end-all-be-all.

It’s important to be aware that there are numerous other qualifiers and capabilities to consider.

Click to download and learn more on delivering value today.

Market Baskets-Delivering Value or Driving Distraction VF..pdf

Success Story

Our former solution provider was not independent; they were a supplier of parts. It's not the best thing to have a supplier be your MRO outsourcing provider. With SDI, we have a truly independent sourcing agent looking after our best interests.

SDI at Work

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.