Published May 5, 2015
Read the full blog post at IMPOmag.com
In a recent article – “Did You Know that you are in the Hardware Store Business?” – it was mentioned that during a recent seminar for plant managers and plant engineers, the audience was asked how many were in the manufacturing business…all raised their hands. When asked how many were in the hardware business, no one responded. The article went on to explain that they were, in fact, in the hardware business when they operate their own MRO storeroom. An MRO storeroom is a “store” by definition, and it constitutes a profit drain that should be eliminated just as any of their non-productive processes or assets would be.