Maintenance, repair, and operations (MRO) inventory management has traditionally been seen as a cost center. Yet, it’s a hidden gem that can drive innovation, cost efficiencies, and significant business growth. With 71% of industry leaders recognizing its strategic importance, it’s time to transform how we approach MRO inventory procurement and management.

Key Takeaways include:

• ◎ How to leverage new technologies to develop and implement comprehensive data standardization to improve efficiency and decision-making.
• ◎ The advantages and challenges of centralized versus decentralized MRO inventory management.
• ◎ Best practices to enhance collaboration and joint ownership of MRO outcomes such as cost savings and risk reduction.

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