MRO Optimization

Identify spare-parts, reduce suppliers, and improve operational efficiency.

Maintenance, Repair and Operations consists of all pieces of equipment that organizations use to produce end-products. MRO costs can be very high if a machine falters, because it also leads to downtime. On the other hand, many tail-end parts are replaceable and can be standardized with better alternatives.

By properly optimizing MRO, the savings can come up to 25%. However, do you know how to minimize maintenance, repair and operating cost while maximizing operational efficiency?

Learn more about MRO optimization and download our whitepaper 'Unraveling the MRO Data Knot - Towards a solid approach to optimizing MRO' here.

Read our Success Story for MAG45, an industrial integrator that facilitates the movement of more than 1.5 million items from several thousand suppliers.

Data activation and customized MRO solution

The Anchormen MRO Optimization solution is based on the activation of data and information from your organization, your legacy systems, and your suppliers. We deliver an advanced intelligence layer in the form of a platform, that makes sense of that data and provides transparency in spare parts, stock levels, and supply chain. The solution is tailored to the needs of all departments involved with MRO and solves a diversity of business challenges, like reducing tail spend, identifying spare parts and optimizing operational efficiency.

Start to optimize MRO

Anchormen believes in delivering actual value every step of the way. That’s why we always start to activate a selected data set in order to analyze where the biggest opportunities for optimization and cost-savings are in your specific situation. Coupled with our domain knowledge, industry benchmarks, and data expertise, we provide a savings calculation and recommendations at the very beginning.

We tailor the solution to the business challenges and needs of our customers, and optimize MRO through a unique combination of:

Building a specialized Data Hub/Lake
Delivering business and domain expertise
Applying our state-of-the-art knowledge of engineering, data science and A.I.

Contact Anchormen to start optimizing MRO

Which departments are impacted?

In manufacturing companies, there are three departments which are directly affected by MRO-related problems: Purchasing/Procurement, Supply Chain, and Operations & Maintenance. In an increasingly complex environment, in which the role of these departments continues to expand and evolve, the challenges they are facing, increase accordingly:

Challenges and benefits in Purchasing/Procurement:

Purchasing/Procurement departments must navigate long supply chains with several points of contact, which increases the chance of things going wrong. Reducing unnecessary or accidental orders, optimizing the number of purchases, finding cheaper alternatives to expensive products, and improving efficiency are the main challenges handled daily by this department.

Furthermore, finding high-quality suppliers which fit the budget of the organization is difficult. These issues are compounded by the fact that data is not always accurate. Procurement is becoming more automated but not standardized. This means companies in the same supply chain can have a very different vision on how data should be handled.

What are the benefits of the Anchormen MRO Optimization solution:

Decrease unit acquisition costs
Reduce volume of transactions
Standardization of parts
Tail end reduction
Reduce number of suppliers
Increase category management effectiveness

What is the impact on Supply Chain Management:

Ineffective supply chain management can lead to high costs, excess inventory or machine downtime. That’s why the main challenges of Supply Chain departments are to optimize spare-part stock levels, standardization of parts, and dealing with the overwhelming amounts of data coming from stakeholders. In today’s constantly changing environment, organizations that are best able to control and track their inventories will have an enormous advantage over their competitors.

What are the benefits of the Anchormen MRO Optimization solution:

Reduce spare-part stock levels
Reduce replenishment costs & obsolete stock
Allow stock pooling for strategic items
Resource pooling

How can Operations & Maintenance benefit from MRO Optimization:

Operations & Maintenance departments have the stressful task of making sure everything works properly. Their biggest challenge is risk management. Pinpointing areas of high risk, such as machine or system failure that can cause downtime or outage of production, is their most vital job. Their work obviously overlaps with the Supply Chain department when having to decide on which supplier they should depend on for emergencies and locating risky areas where there aren’t many supplies that can be contacted in case of emergency. Another issue they must handle is deciding when a machine has depreciated enough to be replaced. What is the best moment for a switch and how much will it cost? Increasing sophistication and complexity of machines as well as finding qualified people that can operate them is another very energy-consuming challenge for Operations.

What are the benefits of MRO Optimization:

Increase Operational uptime, decrease (un)planned downtime.
Parts are always correct and correctly certified.
Realtime insight into stock, availability, and alternative spare parts.

The departments that are facing MRO challenges, often aren't even aware they are experiencing different sides of the same underlying problem.

The Anchormen MRO optimization solution addresses the all needs and gives back control to every department involved with Maintenance Repair and Operations, delivers significant cost savings and optimizes the full supply chain cycle. It gives global insight and local autonomy across departments.

Do you want to talk with Anchormen?

Are you interested to learn how Anchormen can optimize your MRO? Contact us today!

^* These fields are required.