Synovos

Like the rest of the industry, OEMs are keeping a close eye on the external factors influencing costs, demand, and supply. It's more important than ever to look at ways of creating efficiencies that help companies remain strong through tough times.

The challenge around the procurement cost of industrial supplies for Maintenance, Repair & Operations (MRO) is a constant. By getting this strategy right, it's possible to make significant savings and improve productivity across the business.

Our colleague Brendan Free, Industry Sector Manager for RS Components, shares some steps to mitigate that risk in this article from ConnectedThinking - "Manufacturing Cost Savings Through MRO".

https://www.rs-connectedthinking.com/en/procurement-strategy/sector-best-practice/infrastructure-and-maintenance/manufacturing-cost-savings-through-mro

The pandemic, blocked shipping channels, regional conflicts and natural disasters have contributed to seemingly nonstop disruptions for the last two years.

Jim Tompkins writes in Supply Chain Management Review that those disruptions have forced companies to do things different, adding that now is the time to look ahead and regain momentum by focusing on four things. Read more: https://bit.ly/3Mvz5s5