The MRO inventory dilemma is a common issue faced by manufacturing companies, with up to 60% of inventory being excess, obsolete, or infrequently used. This can lead to significant costs and lost profits. A two-pronged approach, including analyzing current inventory and proactively provisioning spare parts, can help optimize MRO inventory and drive savings. Factors such as blind reliance on equipment manufacturer's recommendations and lack of due diligence in provisioning can contribute to the problem.
