MRO Content

3 Strategic Levers to Pull for Managing MRO Spend

MRO as a service

Spend Matters welcomes this guest post from Amit Bidaye of A.T. Kearney. Maintenance, Repair and Operating supplies (MRO) has been a challenging spend category for companies across all sectors — from chemicals to consumer goods. Poor spend data visibility, fragmented supplier base, high impact on plant uptime and non-compliant spending are just some of the challenges companies have to tackle while addressing MRO spend. Despite these challenges, the best performers in this space have been able to achieve 8-15% savings benefits in recent years, based on A.T. Kearney-conducted research at recent MRO sourcing events. So how are the best performing companies managing such a complex category and delivering significant results? What are the top strategies that companies can deploy to strategically manage MRO spend? Here are 3 strategic levers that companies can pull to address MRO spend and achieve value.

MRO Sourcing is Changing Fast: What’s Your Strategy? [PRO]

The MRO sourcing landscape has changed dramatically, yet most of us haven’t adapted to the changes. And if your procurement organization is applying old techniques to a category where new approaches, options, and technologies can dramatically impact the cost and quality of the MRO experience, then you’re losing out on potentially tens of millions of dollars of savings. This article provides some key areas you should be considering to catch up...and get ahead.

US-Style MRO Procurement in Europe

Marcus Olsen is Director of Strategic Sourcing Solutions at Xchanging. Xchanging provides BPO, technology and procurement services internationally for customers across various sectors.  MRO is […]