Published June 13, 2016
Krauter Finds Industry Fraught with Duplication, Lack of Planning
RADNOR, Pa. – June 10, 2016 – Despite what some believe, managing an MRO storeroom is not an easy task, says George Krauter, vice president at Synovos, and author of a new book “Outsourcing MRO: Finding a Better Way.” Krauter, recognized as the originator of the concept that became known as integrated supply, is well versed on methods to optimize costs and achieve reliable, maintenance-connected MRO storerooms.
In his book, Krauter dissects the duplication of effort, lack of planning and draining of resources that are rampant in the MRO world. An estimated $500 billion in MRO materials are annually consumed in the U.S. alone. He discusses the challenges surrounding MRO materials and the reason for those challenges. He also offers a solution.
“The complexities of MRO situations are universal among industries, no matter how diverse the (final) product,” Krauter writes. “A processor of fish will have the same MRO considerations and hidden cost problems as the MRO store in The Washington Post, and much of the same parts in inventory. Experience shows that MRO change represents the highest percentage cost recovery opportunity available to American industry today.”
The book is available at Amazon.com.
About the Author
George Krauter is a frequent guest speaker and lecturer at MRO related conferences. He has addressed attendees at Reliability 2.0, International Maintenance Conference, The Conference Board’s President’s Council, Reliable Plant, Society of Maintenance and Reliability Professionals (SMRP), and the Institute for Supply Management (ISM). He also meets regularly with state and regional chapters of APICS, SMRP, ISM and other maintenance and reliability organizations. He also regularly contributes articles to print and online publications, including Industrial Maintenance and Plant Operations, Uptime magazine, MyPurchasingCenter.com, Food Manufacturing and Supply & Demand Chain Executive. This is his first book.
ABOUT SYNOVOS
Synovos provides comprehensive supply chain, asset and technology services that drive increased productivity, profitability and global competitiveness. Its global solutions enable companies, manufacturers, large institutions and others to streamline MRO/indirect materials management while improving overall maintenance effectiveness and asset reliability. Synovos enables companies to reap the benefits of new integration cost recovery opportunities: Supply Chain, Asset Services, Master Data LeadershipSM, Enterprise Asset Management (EAM) / Computerized Maintenance Management System (CMMS) technology, and more. Based in the U.S., Synovos provides services globally with locations in Puerto Rico, Canada, Mexico and Singapore.