MRO Storeroom Optimization – Utilizing Process, Tools, and Design to Develop A Competitive Advantage

by Don Barry and Kathy Taylor, SEAM Group

Transition MRO storerooms to become a cost optimization asset based on strategic development of data management, key processes, design, and governance.

Learning takeaways:

1. Improve business performance by optimizing facility data and leveraging subject matter expertise to develop an optimal inventory stocking and replenishment strategy.
2. Design and implement process controls and execution protocols to ensure inventory accuracy, eliminate unnecessary purchases, and manage the chain of custody for inventory items through asset consumption.
3. Develop governance processes to embed management, the execution team, and stakeholders into effective inventory management.