IBM MRO Inventory Optimization
Uncover a clearer, more accurate view of your inventory with this cloud-based optimisation platform specifically designed for the distinct challenges of MRO asset-intensive environments.
Make informed inventory decisions that improve margins and minimise unplanned downtime.
When the supply of the tools, spare parts and consumables needed to operate and maintain assets is optimised, organisations enjoy substantial cost savings and operational efficiencies. With as much as 50% of unscheduled downtime attributable to a lack of spare parts or stockouts, optimising MRO inventory is not an opportunity that asset-intensive organisations should be prepared to ignore.
IBM MRO Inventory Optimization (MRO IO) is a cloud-based inventory platform that combines statistical analyses, prescriptive analytics and optimisation algorithms to help users in asset-intensive industries improve margins, increase service levels and minimise unplanned downtime.
Specifically designed for the unique challenges of MRO spare parts environments, MRO IO helps provide users with an accurate, detailed picture of their MRO inventory performance; and powerful capabilities to make informed decisions that balance cost and risk.
Asset-intensive organisations leveraging IBM MRO IO, automated processes and inventory management best practices to optimise MRO spares and consumables, can consistently produce results like:
- Up to 50% reduction in unplanned downtime related to parts
- 20 - 40% reduction in inventory costs
- 15 - 35% savings in maintenance budgets
- 10 - 25% increase in service levels
Grasping the keys to MRO inventory optimisation success
REDUCE INVENTORY COSTS
Identify the right amount of inventory to hold an release up to 40% of inventory costs from the balance sheet.
REDUCE UNSCHEDULED DOWNTIME
Eliminating stockouts as a cause of downtime can reduce unscheduled outages by as much as 50%.
REALISE PROCESS EFFICIENCIES
Free inventory analysts and warehouse personnel from manual optimisation approaches to realise up to 40% efficiency gains.
IMPROVE SERVICE LEVELS
Better inventory performance means you can meet or exceed reliability, safety and production targets.
INVENTORY OPTIMISATION BUILT FOR MRO ENVIRONMENTS
Learn how COSOL with the use of the IBM MRO Inventory Optimization platform, can help you review, optimise and drive continual improvement of your organisations MRO inventory.