Monday, December 9African Digital Business Magazine

Tag: RSComponents

Prioritise MRO strategy to manage costs for your company
Business, South Africa News

Prioritise MRO strategy to manage costs for your company

By Brian Andrew, Managing Director South and Sub-Saharan Africa at RS Components It does not matter if times are good or bad - waste is never welcome at any proactive business. Business is primarily driven by profit and efficiency, and waste is an attack on both. But many businesses, particularly among manufacturers, overlook a major cost hidden among their operations: that of MRO (maintenance, repair and operations) procurement. MRO or indirect procurement concerns those many small parts needed to keep equipment running. It’s fundamentally a supply chain/procurement discipline, but not often considered as a cost centre. Individual MRO items - small parts in big machines such as light bulbs, safety switches, connectors, push buttons, power supplies etc. - tend to be inexpensive and not att...