If a hurricane is just off the coast, it’s a bit late to wonder how your supply chain will weather the storm. If landfall can happen in your area, proactively put a plan in place to ensure supplies are there when you need them most. Wildfires, tropical storms, flooding: Regardless of the type of disaster, knowing your supply chain can adjust to situations is more than just peace of mind. With the right supplies where you need them, you can better serve those who rely on you.
On average, there are more heat related fatalities per year in the United States than any other weather event. There are even more heat-related illnesses. According to the National Weather Service, heat accounts for 130 victims per year, the only weather event to reach a triple digit 30-year average.
Focusing on immediate, upfront savings can actually cost more than it saves. Learn how you can purchase with the long-term in mind AND save.
When it comes to purchasing MRO for your facility, inadequate or inaccurate data can create spend chaos plagued by stock-outs and over-purchasing. Managing MRO inventory is critical to identify waste and recognize cost reductions as 70% of MRO spend is committed to MRO inventory.
$500 billion is spent annually on MRO (maintenance, repair and operations) in the U.S, making MRO a target category for procurement to manage. Approximately 30% of MRO spend is on non-inventory industrial purchases; the other 70% is committed to MRO inventory.
At some point, everyone dreams of reaching perfection. Making the winning shot in a big game, exceeding an aggressive sales target set for the year, or having zero defects in a complicated production process.
As global trends in the Industrial Supplies and MRO space continue to shift, customers want more from their suppliers. Customers want more support, more ownership and more overall value.
