MRO Supply Chain Risk: Five Steps to a Sustainable Process

In this webinar, experts from Synovos discuss the warning signs of MRO supply chain risk, the typical barriers to overcome, and steps to take in securing your supply chain and building a lasting process that limits downtime, improves maintenance effectives, and lowers the total cost of ownership on MRO materials.

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With or without a pandemic, the MRO supply chain is at risk for disruption and potential manufacturing downtime. Natural catastrophes like hurricanes and fires or man-made events like blocked shipping channels or global conflict contribute to that risk. Still there are steps that manufacturers can take to minimize disruptions and gain a competitive advantage despite chaos elsewhere.

In this webinar, experts from Synovos discuss the warning signs of MRO supply chain risk, the typical barriers to overcome, and steps to take in securing your supply chain and building a lasting process that limits downtime, improves maintenance effectives, and lowers the total cost of ownership on MRO materials.

Among the steps discussed:

  • Completing a risk assessment to identify vulnerabilities in the MRO supply chain and your tolerance for that risk
  • Identifying critical spares; what makes an item critical in your manufacturing environment?
  • Developing an inventory stocking strategy reflecting the business risk assessment and critical systems needed for reliable maximum uptime
  • Recognizing and leveraging data’s role in risk management
  • Implementing processes to limit inventory risk and gain long-term supply chain sustainability

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