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 […]

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 […]

MRO Strategy

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 […]

NRG’s SMRP 2020 Break-Out Session: Data Mining and Visualization to Promote MRO Excellence

If your organization is concerned about maximizing productivity and profitability during the current economic climate, take a few moments to review NRG’s recent SMRP talk – one of the most well-received break-out sessions at the 2020 annual meeting – where our Managing Partner Lance Gilbert co-presented with one of our clients, Clarios, about the real-world […]

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 […]

SMRP 28th Annual Conference

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 […]