mro spares management

Beyond Vending…. More than Tracking Inventory and Purchasing Parts

Die castings are among the highest volume, mass-produced items manufactured by the metalworking industry. J. L. French, headquartered in Sheboygan, Wisconsin, is a global supplier of quality aluminum die castings specializing in powertrain and automotive components having three manufacturing plants in the United States and one in Spain. It's not uncommon for large manufacturers such as J. L. French to spend millions of dollars every year on the MRO (Maintenance, Repair, and Operations) side of manufacturing. In 2005, J. L. French realized that controlling these types of costs on MRO, spare parts, tooling, and other indirect material used in the secondary machining operations should be a priority according to Warren Hacker, Manager of North American MRO Purchasing. Being naturally analytical, Hacker had numerous questions regarding asset management and inventory control. Questions such as...Where is all this material going? Why do we have so much of this and not enough of that? Why are so many of our invoices not matching our purchase orders? Bottom line...How much is it really costing us to manufacture these parts?

Beyond Vending…. More than Tracking Inventory and Purchasing Parts

Grainger to Acquire Majority Ownership in MonotaRO Co., Ltd. in Japan

CHICAGO, IL—Grainger, North America’s leading broad line distributor of facilities maintenance products, today announced it plans to become a 53% majority owner of MonotaRO, a direct marketer of maintenance, repair and operating (MRO) supplies in Japan.

Industry Veteran John Pratt Joins Managed Maintenance, Inc. as CEO

BOCA RATON, Fla.—Managed Maintenance, Inc. (MMI) selected John Pratt as its new Chief Executive Officer. In his new role, Pratt will lead MMI’s new growth initiatives while leveraging his 30 years of industry experience and management expertise to architect the company’s future as the leader in the maintenance supply-chain marketplace.

Inventory Management Strategies

By Randy Walker

Benefit expectations from using EAM/CMMS products vary from Organization to Organization. These objectives might include reducing the carrying cost of holding Inventory, spending less time looking for parts, establishing more efficient reorder methodology, eliminating duplication of Parts in the database, reducing the number of vendors, leveraging better management data to achieve bulk price discounts and others. Some key performance or benchmarking ratios are included below to assist in the development and tracking of these objectives.

mro spares management

AE Light Introduces Mark 11 LED Tactical Flashlight

Magnalight.com Adds Explosion Proof LED Strobe Lights

Beyond Vending…. More than Tracking Inventory and Purchasing Parts

Dual Action Threadlocker Lubricates and Prevents Loosening Of Large Fasteners

Beyond Vending…. More than Tracking Inventory and Purchasing Parts

Grainger to Acquire Majority Ownership in MonotaRO Co., Ltd. in Japan

Industry Veteran John Pratt Joins Managed Maintenance, Inc. as CEO

IndustrialMRO Now Includes Offerings for Road Construction Equipment for Sale

Maintenance Inventory and Purchasing

Inventory Management Strategies

Squirrel Stores - How Much do Squirrel Stores Cost

Squirrel Stores and Why You Would Be Nuts to Keep Them