Sunday, October 29, 2023

MRO inventory

Manufacturers need components and tools on hand they can use to quickly repair machines and keep production lines operating. Maintenance teams depend on hundreds to thousands of different materials and supplies to keep assets running.

RO inventory stands for maintenance, repair, and operation inventory — and refers to the equipment, tools and activities associated with the daily operations of a business.

However, unlike raw materials, this inventory does not become a part of finished goods offered to customers. MRO inventory includes all the consumable materials and supplies necessary to undertake that maintenance and repair, in addition to operational activities. MRO may include HVAC (Heating, ventilation, and air conditioning) maintenance, facility lighting, janitorial services, CNC (Computer Numerical Control) machinery, drill presses, forklifts, jacks, PPE, powered and manual hand tools, mops, brooms and even furniture.

Cleaning supplies account for a significant amount of MRO inventory because they include a myriad of things such as disinfectant & cleaning sprays, liquids, and powder

MRO inventory can account for a significant portion of a company’s overall procurement spend, it’s important to apply efficient MRO inventory management processes that minimize costs. MRO inventory management is the challenging task of controlling and optimizing MRO inventory replenishment.
MRO inventory

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