Synovos News

Synovos EAM/CMMS Recognized as Among 20 Most Promising EAM Solution Providers in 2017

Media Coverage

Published March 17, 2017

Synovos has earned recognition from CIOReview magazine for being among the 20 Most Promising Enterprise Asset Management Solution Providers in 2017.

Featured in the magazine’s most recent issue, Synovos was cited for its “profound business process knowledge, along with in-depth, integrated, and innovative strategies in the EAM technology arena.”

Rooted in MRO supply chain management, Synovos saw the need for an EAM/CMMS system specific to the indirect materials industry. The company is meeting that need with its Synovos SYNCSM technology. Read the full article from CIOReview.

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Synovos Named Amongst “20 Most Promising Enterprise Asset Management Solution Providers 2017” by CIOReview

Press Release

Published March 7, 2017

CIOReview magazine announced it has named Synovos one of the top 20 Most Promising Enterprise Asset Management solution providers in 2017. The company announced the recognition today.
Tony Kashani, executive vice president for Synovos EAM, said the company’s technology will change the way companies use EAM systems when incorporating MRO supply chain management.

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Reliability and the MRO Supply Chain: 4 Essential Tools

By Daniel Brennan

Published December 21, 2016

Many companies continue to struggle with the MRO supply chain and deal with it by ignoring or at least tolerating the existence of the MRO storeroom and the necessary operations around it. Few companies work to improve the functionality of the MRO 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 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 inventory 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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