MRO: The Impact to Manufacturing Asset Performance
The impact MRO can have on a plant’s performance is often misinterpreted or undervalued by manufacturing organizations. Too many think MRO means waiting for an asset to go down and then fixing or replacing it. By doing so, they miss the opportunity to improve production capacity while reducing their inventory investment.
Best-in-class companies have started to shift away from this type of reactive approach and are implementing strategic industrial asset management and MRO solutions to ensure overall equipment effectiveness.