Net Results Group Is Celebrating 25 Years of Successful Results for Our Clients

  As Managing Partner and CEO of Net Results Group, I  am thrilled to be celebrating the company’s 25th anniversary along with all of our team members. Net Results Group continues to be the leader in master data management with a focus on MRO materials and assets. I invite you to read about our technology […]

Net Results Group Celebrates Twenty-Fifth Anniversary

LOUISVILLE, Ky. – April 22, 2021 – Net Results Group (NRG), a leader specializing in MRO master data management and governance, announced today its 25-year anniversary serving the mission-critical needs of process and discrete manufacturers on a global basis.

Net Results Group CEO Lance Gilbert Appointed to Kentucky’s Consumers’ Advisory Council by Governor Andy Beshear

Technology innovator will help protect consumers in his newly appointed role Net Results Group (NRG) today announced Kentucky Governor Andy Beshear has appointed NRG CEO and Managing Partner Lance Gilbert to the state’s Consumers’ Advisory Council. The 16-member council works with the state’s Attorney General to enforce Kentucky’s Consumer Protections Act. Gilbert will serve through […]

Intelligent Data Standardization: The Key to MRO Excellence

Have you been involved with MRO projects where you felt the effort never achieved its full potential? Whether these were focused on improving reliability, increasing machine uptime, refining asset utilization, and/or improving maintenance work streams, it’s likely all of them had one thing in common — non-standardized or poor-quality data. Creating a project plan and […]

When to Use Internal vs. External Resources to Get Your MRO House in Order

Most companies have discovered that outsourcing or engaging contractors to run their ongoing MRO internal functions does not deliver the expected benefits. A far better approach is to implement standards and practices, from accurate standard operating procedures (SOPs) to standardization of critical MRO item data, that provides invaluable key performance indicators (KPIs). Furthermore, by implementing […]

Who OWNS Versus Who BENEFITS from Your MRO Data

In many organizations, confusion exists about who has responsibility for MRO data ownership (maintaining your MRO materials data in the company’s item master), versus who are the users or beneficiaries of the data. Often, the owners and the beneficiaries of the data are not the same. The owner of the data would be the organization […]

Who Owns the Spare Parts Strategy at Your Company?

Spare parts cost companies millions of dollars each year. In truth, this multimillion-dollar section of the balance sheet is often overlooked. Companies may avoid strategies to improve their MRO spare parts materials because they may not be as “sexy” as strategies for finished goods. Because of this, companies are severely overinvested in spare parts. Failure […]

What’s In it for You?

Net Results Group to Present at October’s SMRP Annual Conference   Managing Partner of Net Results Group (NRG), Lance Gilbert, will be presenting together with one of NRG’s client representatives from Clarios (a former unit of Johnson Controls) on the topic of Data Mining and Visualization to promote MRO excellence. This presentation and discussion will […]

Net Results Group Presenting at SMRP Annual Conference 10/20

NRG Managing Partner, Lance Gilbert, will be presenting at the 2020 SMRP Annual Conference on Tuesday, October 20. His presentation, “Data Mining and Visualization to Promote MRO Excellence” is on the Emerging Technologies Track, and will take place 3:15-4:15pm. He will be co-presenting with current NRG client, Rhonda Wentzloff, TPM Manager at Clarios. Below is […]

Mitigating Critical Key Risk Factors: Quality MRO Master Data Yields Big Returns

Corporations around the globe regularly report key operational risk factors in their annual reports and corporate filings. Recognized for their potential to significantly impact business operations and financial success, these risk factors generally involve reporting on three conditions: Dynamics affecting consistent and reliable production; Production delays stemming from inaccurate and inadequate data; ERP and EAM […]