Maintenance, repair and operations (MRO) is a significant spend category for manufacturing firms. Yet surprisingly, it is often overlooked by procurement optimization programs. In this paper, we discuss some of the challenges that manufacturing organisations face when approaching MRO procurement. We conclude with four effective strategies for managing MRO spend.
When a Fortune 500 manufacturing corporation with 22,000 employees was going through a restructuring plan, ...
Other content in this Stream
Here are four ways procurement leaders can use the power of data to evaluate spend, consolidate key areas of their operations, and save money in this year beyond.
When a Fortune 500 manufacturing corporation with 22,000 employees was going through a restructuring plan, it needed to provide severances packages for 3,000 employees while reducing costs.
In 2018, industries are expected to spend $189 billion on IoT solutions in manufacturing. This opens up a whole new world of application possibilities for industries nationwide and across the globe.
Training administrators are the unsung heroes of many learning and development (L&D) departments.
Blockchain is more than the technology behind cryptocurrencies: it’s a way for members of a business ecosystem to securely and transparently execute critical transactions.
If you want to attract and retain top talent, it’s imperative to create experiences that win the hearts and minds of your employees at every stage of the employee lifecycle.
Over the last few years, the progress in Artificial Intelligence (AI) has been driven to a considerable extent by deep learning (DL) and neural networks.
Utilization review for workers compensation and auto injury claims has two goals: to improve the quality of medical care and to reduce unnecessary cost.
Consider how the Finance and Accounting (F&A) industries functioned five years ago. Now compare that to how we do things today.