White Paper

White Paper: Best Practices For Managing Surplus MRO/Spare Parts

Source: EquipNet

This is your MRO pie. The big blue slice illustrates the amount of stock that is still unused three years after purchase. Almost 58% of your MRO purchases are sitting idle. In your current economic climate, do you really want to have the majority of your MRO budget tied up in items you aren't using with no cash left to buy what you really need?

When you dig a little deeper, you can see that 80% of the dollar value of that stagnant MRO stock is allocated to high ticket items you do not use. If you shift your focus to that more manageable amount of 12.21%, you could potentially free up a lot of money to buy MRO assets that you actually need. With limited time and resources to manage MRO inventory, it makes sense to redistribute what you've already invested in MRO items with a goal of higher availability at the lowest possible inventory investment.

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