For more than 20 years we’ve helped clients who are outsourcing purchasing and MRO tool crib management. We understand how to deliver best-in-class procurement services for our cost-focused clients. We’re a customer-centered organization. That’s why SSI wants to share what we know about MRO.
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Over the years, Storeroom Solutions has time and again demonstrated expertise in helping customers right-size their MRO inventories. What we often find when we start work with a new customer is an overabundance of industrial supply items in the storeroom. This oversupply negatively impacts free cash flow, as cash is tied up in illiquid MRO supply items like lubricating oils, plastic film, fasteners, etc. In one instance, we were able to reduce a customer’s inventory by more than 50%, yet still increase service levels.
That cash could be put to better use -- investing in R&D, expanding production staff/capacity, delivering a better bottom line. SSI works to ensure that the right MRO products are available to customers at the right time, not sitting on a shelf for months beforehand, and certainly not showing up several days after they are needed. Optimizing MRO inventory isn't an easy task -- it requires considerable analysis of production and preventive maintenance schedules -- but the results are well worth the effort.
In this case study, an innovative MRO supplier brought a new concept to cut TCO, but were the savings realized in the end?
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