Procurement and Inventory
MRO Inventory: sunk cost or insurance policy? How do you decide? Inventory could represent dead money, but at the right time it could save the organisation from disastrous asset unavailability. The difficulty of making a firm decision means that it is sometimes easier to settle for the status quo rather than working to find the optimum solution for inventory, maintenance and operations.
By evaluating the risks and payback of every option in economic terms, MRO Analytics puts information in your hands that can help you make the right decision today.