Are you ready to improve the efficiency of your MRO supply chain but don’t know where to begin? If your current strategies aren’t working, implementing a few changes may be… Read more »
Best Practices for Implementing a CMMS
Maintenance management is a key component in an efficient, well-operated business. It enables companies to preserve their resources while regulating the time and costs involved with the manufacturing process. Computerized… Read more »
10 KPIs Every Industrial Company Needs to Track
Manufacturers and proprietors of industrial companies are in an industry of non-stop growth. Sometimes, this growth can seem immeasurable because of the numerous metrics involved with manufacturing. Essential Industrial KPIs… Read more »
Common Industrial Distribution Terms (and What They Mean)
Do you know what CMMS stands for? Could you explain what strategic sourcing is? If you’re starting a career in industrial distribution, you must understand the most frequently used industrial… Read more »
Difference Between Category Management vs. Strategic Sourcing | DXP
Strategic sourcing and category management are essential to an organization’s procurement process. Recognizing their differences can help you determine which of them is suitable for your organization’s application. This article… Read more »
The Overwhelming Need for Spare Parts Management
All manufacturing processes depend on an assortment of machinery and equipment to create top-quality finished items. While these machines make their associated processes more efficient by improving productivity, saving costs… Read more »
MRO Inventory and Purchasing Best Practices
Integral to all types of businesses, service deliveries, and manufacturing processes, are items which do not necessarily form a part of the final products or goods. Maintenance, repair, and operations… Read more »
5 Cost Reduction Strategies in Inventory Management
Proper inventory management can make or break your business. When this important aspect is overlooked, things can quickly spin out of control. Consider these inventory cost reduction strategies to help… Read more »
How to Reduce Lead Time in Supply Chain Management
Customer satisfaction and loyalty are closely linked to how fast customers receive an order. Satisfaction can easily be impeded by long lead times. Prolonged lead times can lead to dead… Read more »
How a VMI Program Gets Started
For a business that is used to managing its own inventory, switching to a vendor managed inventory (VMI) system may be an intimidating idea. Inventory is essential to most business… Read more »