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MRO spare parts optimization

IBM Supply Chain Blog

Whether MRO processes address preventive maintenance, service failures or shutdown overhauls, the wanted results are the same: deliver increased service levels, function safely and sustainably, operate efficiently and reduce unplanned and costly downtime. trillion, up from USD 864 billion in 2019 to 2020.

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Strategic Procurement — Everything You Should Know

Procurement Tactics

When strategic procurement is done correctly, it can help an organization to optimize its profit margin, reduce risks, and streamline the process of purchasing goods and services needed to achieve business goals. You can conduct an analysis to prioritize and align your strategies across functional business areas of the company.