Best-Practice MRO Product Classification and Coding
As we’ve discussed in previous blog posts and white papers, MRO & Indirect Materials often represent one of the single largest cost reduction opportunities within manufacturing and asset-intensive organizations. One of the greatest cost savings opportunities predominantly comes from the ability to effectively analyze and leverage MRO spend by product group (commodity). In order to do so, MRO purchases must be accurately categorized and visible. But with inconsistent or “corru
5 Things to Consider When Formatting MRO Material Master Data for an ERP or EAM System
Proper data formatting is essential when uploading and migrating materials data to an Enterprise Resource Planning (ERP) or Enterprise Asset Management (EAM) system. The challenge is that every system is vastly unique, each offering distinct features and benefits to the end user, which ultimately present much different data formatting and configuration requirements. Improper data formatting during the initial implementation or migration can significantly hinder the functional
