BENEFITS OF MRO ITEM ANALYSIS
Data Cleansing Facilitate return of excess stock to suppliers
Data Cleansing Consolidate Supplier base
Data Cleansing Establish Preferred Supplier programs
Data Cleansing Rein in Maverick purchases
Data Cleansing Create Inventory Strategies
Data Cleansing Assist with Supplier Negotiations
ANALYSIS
Data Cleansing Segmenting inventory into commodity groups
Data Analysis Optimizing stocking levels for "A" type items
Consistent Data Format and Structure Identifying Excess-Active Inventory
Data Abbreviations Matching Exposing Supplier Spend
Classify Data into Noun - Modifier Pairs Revealing Spot Buys
   
Data Management Services help keep the chain from breaking!

MRO Item Analysis Service

 

We can provide the missing resources to help you realize the identified savings. Leverage our Supply Management expertise to your benefit. Our MRO Item Analysis service will ensure that you capture cash/credit savings on excess inventory.

Industry standards suggest:
• most companies carry 10% –15% excess inventory;
• commodity purchases are too often spread across
a multitude of suppliers (at a unit cost premium of
5% – 8%); and
• Spot Buy purchases can represent up to 30% of the
annual Maintenance spend.

I.M.A. can facilitate:
• return of all excess-active inventories for credit
towards future purchases;
• consolidation of the supplier base;
• reining in Maverick purchases.

Every company should have a plan to manage all aspects of inventory. Each commodity group has its own unique considerations to contend with.

I.M.A. can assist in tailoring specific Inventory Strategies to match your financial objectives for all inventories: raw material goods to manufacturing operational needs.

A cleansed, standardized database is a necessity enabling savings in both valuable time and money.

I.M.A. can assist you in maintaining the long-term integrity of your completed database.


Data Cleansing Services
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