Manufacturing Industry
The bucks stop at MRO.(Maintenance, Repair and Operations purchasing)
Purchasing, March, 2007 by Avery, Susan
By Susan Avery Savings in direct materials are important, but they're not enough in a slowing economy. Leading companies are now focusing on their MRO spend. Here is how Dow Chemical, Hallmark Cards and Owens Corning are making their MRO buy a competitive advantage. MRO purchasing has taken on new importance in today's economy.
Having squeezed many costs out of their direct-materials spend, companies now are turning to the MRO buy for the savings that can lead to competitive advantage. In his work with purchasing professionals and suppliers, Tim Underhill, of Strategic Business Solutions, says both parties are working together to improve efficiency. "They want to drive costs out of their operations and are looking to MRO as an area where...
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