Category: MRO Material Catalogue Theory
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Risk Management in MRO Material/ Item Master Identities
It’s common knowledge that MRO materials master data is often weak, harming Maintenance Repair & Operations (MRO) business performance. What to do about it in your own business is a different story. One of the challenges is there are lots of records to fix if you want a rational catalogue without several records representing the…
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Sharpen your Saw
If your organization has not applied a useful identity standard for MRO parts, you do not have effective control of key system records supporting operation and maintenance of your physical assets. How much chaos is this causing in your MRO operations and production processes, how bad will it get? I chose my third career to…
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If the Goal is Safe Reliable Production Operations, Improve the Master Data Foundation
For better Operations & Maintenance outcomes in asset intensive companies, maximize the effectiveness of Maintenance and Supply Chain (MRO) business processes. The weakness is often in the supporting master data. MRO material identities, the combination of the descriptions, key specifications, and manufacturer’s part numbers (where applicable), are usually the weakest point. Ad hoc nomenclature standards…
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Quality Material Identities are fundamental to MRO Inventory Control
Inventory control is an old concept. It has been part of the business vocabulary likely since the days of Henry Ford. The idea is to apply management science to optimize the value and effectiveness of inventory. A typical definition is the process of keeping the right number of parts and products in stock to avoid…
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Does your asset intensive company grow by acquisition?
Standardize your MRO Material Identities to improve effectiveness. Inherent to a growth by acquisition strategy is betting that you run operations and maintenance more effectively than the acquired assets were run. Superior O&M performance shows up in financial results. Often acting as a counterweight to your superior processes and execution is the compounding effect of…
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Has your Company applied an Identity Standard to its MRO material masters?
Your Maintenance Planners, Requisitioners, Buyers, Logisticians and Maintainers all interact with material masters to get their jobs done. If the identities of materials are not clear, your business slows, mistakes are made, business value is lost. MRO material master identities are the descriptions, manufacturer and vendor part numbers, and key specifications of your MRO materials.…
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MRO parts and Enterprise Asset Mangement
The right time to identify the parts and materials needed to support an asset is during its design and build project. Particularly if you have maintenance strategies and a solid material identification taxonomy to apply. Sadly, for most assets, that ship sailed years ago, and we live with an MRO catalogue of very dubious value…