mro spares management

An hour long presentation by Andy Page, Director GPAllied

In this economic environment, storerooms are under the magnifying glass to identify ways to save. As such, the need to identify what stock is critical to an asset and what stock is expendable is imperative. This is where reliability processes, normally limited to maintenance people and reliability engineers, comes into the equation. Certain reliability processes such as Failure Modes Analysis (FMA), FRACAS, and criticality analysis can paint a very clear picture of what parts are likely to be needed and how often.

This webinar will discuss how the reliability world and the stores world come together to create a comprehensive picture of what we can expect from our equipment base and how the right stores strategy can affect it, as well as how these processes can benefit the current demands on MRO inventory.

An hour long presentation by Rich MacInnes, Partner, MRO Connection

“Life always gets harder toward the summit-the cold increases, the responsibility increases.”
Fredrich Nietzche

Lean experts teach us to see Waste in our operations, so why can’t we see the mountain of MRO materials—whose very existence is to respond to imagined or actual failure. Where cross industry analysis indicate that 58% of annual MRO investments will still be in place 3 years later and 68% of SKUs purchased annually will never be used. This mountain of MRO stock grows nearly 7% annually—this is Waste by any definition. Join MRO Connection in a guided path to reaching the MRO summit, highlighting essential skills while providing insight on the right gear to pack and tackle the seemingly insurmountable MRO challenges.