Synovos News

Reliability and the MRO Supply Chain: 4 Essential Tools

By Daniel Brennan

Published December 21, 2016

Many companies continue to struggle with the maintenance, repair and operations (MRO) issue by ignoring or at least tolerating the existence of the MRO storeroom and the necessary operations around it. Few companies work to improve the MRO function in the supply chain and some do not even consider MRO storeroom management as part of plant operations at all. Others are striving to strike a balance in managing MRO.

In his book, Outsourcing MRO…Finding a Better Way, George Krauter writes, “MRO represents the highest percentage of cost recovery opportunity….and should be a major target for reliability and profit improvement.”

There is little doubt that MRO storeroom operations, MRO storeroom solutions, MRO supply chain management, or however you label it, is gaining attention from the corporate offices to the production floor. If it hasn’t already reached that point at your company, it will.

Read the full article at Reliability Web


Calculating the Cost of a Purchase Order

By George Krauter

Media Coverage

Published November 28, 2016

Is there value in reducing the number of transactions used in procurement of MRO spare parts from thousands per month to 24 per year? In part two of his three-part podcast series with My Purchasing Center, George Krauter discusses how to calculate the cost of a purchase order and what that cost means to the entire MRO supply chain.

For additional information, please download a recent article in Uptime magazine that touches on transaction costs in the MRO supply chain.

Calculating the Cost of a P.O.

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Are Market Baskets Flawed?

Media Coverage

Published November 9, 2016

For years, George Krauter has lobbied against using market baskets for evaluating potential suppliers of MRO supply chain materials. Or, at the very least, putting less significance on such a tool. Susan Avery, Editor for MyPurchasingCenter.com, recently interviewed George about the practice, why he feels the way he does and what he recommends. Listen to the podcast below. It is the first of three planned with MyPurchasingCenter.com.

For additional materials, download our white paper – “Piece Price is the Starting Line, Not the Bottom Line”.

 

Are Market Baskets a Flawed Practice

 

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CMMS for your Distribution Center

Media Coverage

Published September 7, 2016

In a recent Modern Materials Handling article, the publication explores computerized maintenance management system (CMMS) solutions and how it relates to distribution centers (DC). Synovos Chief Sales and Marketing Officer Mike Weinberg, in an interview for the article, emphasized how larger DCs can benefit from implementing CMMS technology to improve overall maintenance reliability and performance while gaining a better handle on overall asset management.

Read the full article at Modern Materials Handling


Synovos Introduces Enterprise Technology Platform: Synovos SYNC Connects Indirect Materials Supply Chain

Press Release

Published August 30, 2016

Synovos, the leading provider of indirect materials supply chain management services, introduces Synovos SYNC™, a proprietary enterprise asset management system.

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