In an asset intensive world, timely reactions to every aspect of overall operations are key. When there is something that needs to be done in order to continue or increase the production capability or service levels, it is essential to find and implement the necessary materials (i.e., spare parts) on time in order to achieve the target. However, in many cases, the aim is not actually accomplished, mainly due to MRO (Materials, Repair, Operations) data integrity. If there is a mismanaged inventory database or if the accuracy of its data is in question, it will pose a considerable challenge to execute the target timeframes. This will then translate to the following negative scenarios:

  • Increased operational costs
  • Extension of unplanned equipment downtime
  • Reduction of maintenance productivity levels

In order to prevent such scenarios, MRO data should be clean, structured, and complete. Since most manufacturing companies already have MRO data, it just needs to be cleansed in order to produce value from it.

Here are five reasons why an organization should have clean and consistent MRO materials data:

1. Clean MRO data makes it easier to find parts. Finding the correct spare parts in a simpler way could help reduce the repair time of the equipment. On average, 20% to 30% of the time spent by technicians is searching for the parts, while the completion of the needed work cannot be done 50% of the time because they are actually waiting for the parts. If MRO data is cleansed, classified, and organized, the repair time would be greatly reduced, thereby increasing the uptime of the affected equipment.

2. Clean MRO data can reduce purchasing costs. Having clean and dependable MRO data can help in defining the negotiated contract pricing of each commodity down to the item level. It can even capture any rebate opportunity, thereby providing the best efficiency for the purchasing costs.

3. Clean MRO data can reduce inventory levels and eliminate duplicate inventories. With complete and accurate MRO data sets, the visibility of inventories could be available across the enterprise and related users. This improves inventory awareness, giving the opportunity to reduce inventory levels by 20% to 30%.

4. Clean MRO data can improve maintenance productivity and efficiency. With a clean and organized MRO data, maintenance technicians would be able to accomplish more and perform their tasks faster. This is due to the fact that one of the highest contributors to consuming time, finding spare parts, will be reduced. “No more storeroom crib craw!”

5. Clean MRO data improves reporting and makes the EAM/CMMS system easier to use. Let’s face it, even with a centralized system, it could be hard to implement, especially when the data is inconsistent and does not adhere to a set of standards. As a result, users get frustrated and system reporting suffers. With clean MRO data, the EAM/CMMS will be easier to deploy, and MRO analysis will improve.

Clean MRO data drives improvement across many facets of the operation, including reduced equipment downtime, lower MRO costs, and improved maintenance efficiencies. Take action today to improve your MRO materials data.

See what great MRO materials data looks like!

MRO Data Sample

SwainSmith can help you create a great MRO materials master. We provide free MRO data cleansing samples for all inquiries. To get a quote today, visit MRO Data Cleansing. To see what we have to offer, visit MRO Data Services. To learn about our EAM Master Data Library, visit Master Data Library.

For more information, please feel to phone us at 828-215-9471 or email us at info@swainsmith.com.

 

What will you achieve with EAM?

Enterprise asset management gives organizations a strategic way to increase uptime, improve performance, and reduce costs. Is your organization ready to take the next step with its assets?

Call 828-215-9471 or email us to get started today.

Tracy Smith

Tracy S. Smith has been helping organizations solve their asset management challenges for 20 years. He is the president of SwainSmith, Inc., an EAM solutions company. He also offers complimentary 30-minute EAM consultations. No sales pitch or a pesky follow-up call. Just straight answers to your questions—and an objective, experienced assessment of your issues and goals.

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