Wednesday, May 6, 2009

Standardized Inventory Catalogue for Spare and Consumable (MRO Items)

Rationalization of inventory is nothing but, creation of standardized inventory catalogue for spares and consumable (MRO Items)

Cataloguing is designed to help industries to manage MRO Items data successfully in order to:
  • Eliminate itemd duplicates
  • Uniformity in Item Descriptions
  • Easy Navigation of Technical Specification Items
  • Easy identification of similiar items within the plant / across the plants
  • Better descriptions for effective and efficient procurement / standardized purchasing
  • Minimize overstocking (swelling ) of inventory
  • Awareness of high value non moving items / project suprlus
  • Transmittal of information within and across the plants
  • Maximize functionalities of enterprise resource planning (ERP) / Enterprise Asset Management (Maximo, SAP, Oracle, J D Edwards, DataStream ....)
  • enable in e-procurement / e-commerce
Read more....
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