Avoiding MRO management pitfalls with MDM - 1

Avoiding MRO management pitfalls with MDM – 1

Business enterprises looking for expansions or growth tend to focus on certain functions like product design, and production in addition to sales. While most of the energy is expended on production efficiency, tight process control, information technology and supply-chain management, indirect materials (or Maintenance, Repair & Operations {MRO} parts) tend to get a raw deal as they often are side-lined.
 
The problem lies in appreciating the importance of MRO specific control processes and systems implementation. A large number of projects have failed because companies overlooked the idea of managing the resource allocation focused on MRO. In this series of blog posts, we will explore the importance of MRO and the most common related pitfalls that companies encounter.
 
This series will investigate the breadth and depth of root-cause failures, and negative business outcomes that stem from inefficient controlling and managing of MRO item master data. We will also look at what companies can do to rapidly repair damage caused by many years of neglect for MRO master data management and what processes and controls they must put into place to achieve truly optimized MRO supply chains. Finally, we will compare Master Data Management (MDM) solutions designed for MRO and those that are generic to highlight why you should consider the former.
 
Whether you are implementing material masters for MRO as part of a recent merger/acquisition or whether you are evaluating MRO Material master strategies as part of an ERP upgrade/Consolidation, we think that the upcoming best practices from industry leaders can help you on your journey.
 
Further Reading –
White Paper – MRO Master Data Management for Enhanced Maintenance Performance

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Arthur Raguette

Arthur Raguette

Arthur Raguette is the Executive Vice President at Verdantis. Arthur is very passionate about the application of innovative technologies to solve real-world business problems with a strong emphasis on large enterprise solutions. He has more than a decade of experience of working with Software for Master Data Management and Data Governance for multiple domains and across industries. Arthur’s prior technology passions included high performance B2B middleware and hybridized SaaS applications for HR, Employee and Education related domains.

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