Clearview South December 2013 - Issue 145 | Page 62
MACHINERY
Raising the standard
Chris Gordon, Buck & Hickman, explains to Clearview the role of MRO
product standardisation in operational and commercial success.
The process of purchasing and managing
tools, maintenance, repair & overhaul
(MRO) and health & safety products for
manufacturing and process facilities can be
a complicated one, requiring hundreds or
even thousands of stock-keeping units to be
available whenever and wherever they are
needed on-site.
This means that significant amounts of
cash can be tied up in slow-moving products,
while there may be little thought given to
whether these products are delivering optimal
performance and value, with the same product
simply reordered whenever stocks run low.
In a bid to simplify the process and reduce
working capital, many companies have in
recent years been taking a long, hard look at
the process to see how it can be improved.
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