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What Are MRO Inventory Best Practices?

An inventory management technician holding a tablet with a CMMS implements MRO inventory best practices.

Poor management of maintenance, repair, and operations (MRO) inventory can result in costly unplanned downtime and, minimally, high asset cost of ownership, which is an unfortunate outcome for many organizations. In fact, in many organizations with complex manufacturing processes, MRO costs can account for up to 50% of total maintenance costs. So today, we will…

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Facility Management Plan: A Modern Approach For Managers

Facility managers talk about how to optimize their facility management plan.

When developing effective facility operations strategies, facility management tactics and practices are an essential part of the planning process. While facility managers have traditionally relied on preventive maintenance, as a proactive asset management methodology, there is a significant shift to predictive maintenance (PdM) due to real-time data becoming more prevalent, and machine learning providing better insights into potential areas of risk.

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