An estimated $500 billion is spent on MRO yearly in the USA. Experience shows that approximately 30% is spent on one-time, non-inventory spot buys. Therefore, 70% is purchased for MRO inventory. The inventory in a typical MRO storeroom turns over just once, so one could conclude that there is $350 billion existing in inventory. Therefore, considering … Continue reading Master Data Leadership: MRO Inventory Recovered and Sustained