
MRO Spend Reduction PART 2: Spend Analysis
In Part 1 of our MRO Spend Reduction blog, we discussed how Inventory Optimization and Disposition can reveal quick returns and long-term cost savings. In Part 2, we dive into the next layer of MRO Spend Reduction, which can be revealed through a detailed Spend Analysis. In the fast-paced, ever-changing world of MRO, the reality is that many companies can't tell definitively what items they bought, who they bought them from, and how much they bought them for within the last m