What is the Difference Between Supply Chain and Procurement?
Ever found yourself confused between ‘Procurement’ and ‘Supply Chain’? You’re not the first one. These terminologies are often used interchangeably, and on the surface level they might seem like the same thing. But they are not. Procurement focuses on the ‘Input’ (sourcing, negotiating, & purchasing of raw material/services). Whereas, Supply chain management oversees the ‘output’ […]
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), crucial for effective MRO maintenance 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 […]
Who Owns the Spare Parts Strategy at Your Company?
Spare parts management involves costs amounting to millions each year. Unfortunately, this multi-million dollar section of the balance sheet is often overlooked, lacking any substantial procurement strategy or supply chain management approach. Companies often neglect strategies to improve their MRO spare parts materials because it may not seem as “sexy” as strategies for finished goods. […]
8 Best Practices for Asset Identification and Labeling
Yet, when rising demand necessitated a production capacity increase for Enviva’s nine manufacturing plants along the U.S. East Coast, the firm purchased and installed additional production assets. Enviva still
GINA LEONARD JOINS NET RESULTS GROUP
Louisville, KY – November 1, 2024 – Net Results Group (“NRG”), a leader specializing in MRO master data management for over twenty-five years, announced today that Gina Leonard has joined NRG’S team of highly skilled MDaaS subject matter experts. Gina joins NRG possessing the product knowledge and understanding of the entire MRO solution footprint […]
NET RESULTS GROUP LAUNCHES ADVANCED MDaaS PLATFORM
Company’s MRO3i Technology Suite to serve as the platform’s backbone and provide rapid time to benefit and continuous shop floor benefits. Louisville, KY – October 16, 2024 – Net Results Group, a leader specializing in MRO master data management for over twenty-five years, announced today that their MRO3iTM Technology Suite now serves as the […]
ROB BLOOM JOINS NET RESULTS GROUP AS GENERAL MANAGER, MRO OPERATIONS
Former MRO Software (Maximo) executive to lead MRO3i™ growth initiative Louisville, KY – October 1, 2024 – Net Results Group, a leader specializing in MRO master data management for over twenty-five years, announced today that MRO industry veteran Rob Bloom has joined the company in a leadership role. Rob, one of Maximo’s initial employees, was […]
Sheffield Scientific and Net Results Group Announce Strategic Enterprise Asset and Data Management Partnership to Revolutionize Solutions for the Utilities Industry
Louisville, KY – Sheffield Scientific, a private, woman-owned consulting firm with expertise in Enterprise Asset Management (EAM) as well as Cyber/Physical Security, and Net Results Group, a premier provider of comprehensive Master Data Management (MDM) solutions for 28 years, are excited to announce their strategic partnership aimed at transforming the landscape of EAM & data […]
MRO3i™ Crowned 3x Plant Engineering Product of the Year
LOUISVILLE, KY – May 28, 2024 – Net Results Group, a leader in MRO master data management for twenty-eight years, announced today that their MRO3i™ 4.0 software has once again been recognized with Plant Engineering Magazine’s prestigious Product of the Year Gold Award for new products in the manufacturing industry. “We appreciate the recognition from […]
Former Sphera and Spares Finder Industry Expert Joins Net Results Group, LLC
Peter Hardy, a distinguished and accomplished industrial information management expert, has joined Net Results Group as the Director of Business Development & Project Management, Europe and Asia
