ball bearing rollers
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- December 28, 2021
MRO inventory is arguably the most important part of manufacturing and trading business. To keep business up and running, it is important to have sufficient MRO inventory in the warehouse or storage room. Without an effective MRO inventory management in place, it will be difficult to run operations smoothly. However, inventory management is complex - as is not just limited to procuring inventory needed but also involves organising inventory so that employees can find the right spares when they need. Another important aspect of inventory management is selling obsolete inventory and making room for active inventory.
As one of the leading e-marketplaces for genuine and unused MRO spares, we share common inventory management mistakes so that you can minimise costly discrepancies:
Human error: All business processes are vulnerable to human errors and inventory management is no exception. For instance, employees taking items without creating work orders or misplacing inventory can lead
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- December 23, 2021
Companies across industries need a stock of MRO spares parts to keep their businesses running smoothly. MRO is connected to the upkeep of a facility, including running of the daily operations and maintenance of the facility. A significant investment goes in maintaining the MRO inventory and its management. As one of the leading e-marketplaces for genuine and unused MRO spares, we answer some of the FAQs on MRO:
What is MRO?
Answer: MRO stands for Maintenance, Repair and Operations. MRO is a vast term that encompasses all the processes and activities associated with maintenance of equipment that produce the main business output as well as electrical and plumbing systems that support the main business operations.
What is the difference between direct and indirect spend on MRO?
Answer: Direct expenditure refers to the money spent on procuring goods and materials to help in driving profit performance. Indirect expenditure includes money that is spent on goods and services that are needed for