Definition

MRO (maintenance, repair and operating supply) items are used in production and plant maintenance and can be items such as maintenance supplies, spare parts, and consumables used in the production process which may either be valuated or non-valuated.

Examples

MRO industrial products and items include:

• Electrical/Electronics engineering products (including cable management industrial products e.g. cable trays, PVC cable ties, MCT modules & frames, compression kits,…)
• Chemical, Power and Process engineering products (HVAC components, pressure valves, calibrators, pumps, sealing,…)
• Offshore/Onshore engineering products (including Fasteners and Fixings e.g. washers, bolts, wheel nuts, screws,…)
• Safety/PPE equipment (eye and face protection, respiratory protection, hearing protection, workwear, electrical safety,…)
• Hazardous Area Equipment (limit switches, control stations, junction boxes,…)

etc.

      (See variety MRO industrial products & spares here EngineeringShop)

MRO Supplier Selection & Sourcing

When it comes to selecting a maintenance, repair and operations or maintenance repair and overhaul (MRO) supplier, depending on what the MRO of your organisation lean towards, it is important to place your MRO buying in the hands of a responsible supplier outfit.

This is essential to ensuring that the MRO supplier is doing all it can to supply what you want, when you want it – and reducing your cost as low as possible making that happen. It is key to also approach MRO buying with an eye toward safety stock, usage, inventory management and lead times i.e., avoiding oversights which may arise

as a result of neglecting;

• your lead times when you need to resupply your MRO items
• usage or depletion rate for your MRO supplies
• when you are close to exhausting your MRO items
• the amount of current stock units of your MRO items and what categories are available.

In addition, a strategic sourcing approach should be implemented in the MRO supply management technique applied which should drive savings reducing MRO spend. The sourcing strategy employed should be able to effect savings (3% or 5% or 10%) on your MRO spend and also have an impact to your company’s bottom line.

The nature of MRO procurement processes are typically adhoc and far more uncertain since they are indirect items used in production. As such proper strategies put in place to achieve efficient procurement processes should enable your MRO buying by reducing costs and consolidating dependable MRO suppliers.

Put your MRO buying under control and make your authentic MRO purchases via EngineeringShop. We can also help you achieve balance with your projects when you send us your quotes or Contact us today for free consultations.

(Added excerpts culled from EngineerLive)