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 backbone of their newly launched NRG MRO/Master Data as a Service (MDaaS) Platform. The launch comes on the heels of the unprecedented momentum the Company and MRO3i are garnering in asset intensive industries.
NRG’s platform consists of a set of enterprise offerings that include: MRO3i, MRO3 AI, MRO Parts Library, a Mega Data Dictionary with 6,300 noun/modifier templates by industry, professional services (assessments, data standardization-cleansing and enrichment, walkdowns, bill of materials, asset hierarchy development, and data governance). Rounding out the platform is MRO 360, a Linked-in social media outlet that is quickly becoming the go-to place for reliability, maintenance, repair, and operations trends, news, and developments.
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“Today’s modern MRO environments demand a platform of this nature,” commented Rob Bloom, General Manager, MRO Operations, Net Results Group. He added, “progressive CIO’s and IT departments want to understand how technology vendors position their offerings to fit into their enterprise environments. They need their users to run applications smoothly while delivering value and without worrying about the technology that supports them.”
“Net Results Group is 100% focused on the user experience and realizes that organizations
are suffering from poor data quality causing unplanned production downtime, increased procurement costs, higher inventory levels, and compliance failures,” commented Jennifer Beushausen, Director, Business Development, Net Results Group. She added, “approximately 67% of MRO materials purchased will never be used, 52% of MRO inventory typically does not move in a 3- year period, and 22% of maintenance personnel cannot locate the right materials because of inaccurate MRO master data.”
Net Results Group has a long history of technology innovation and leadership as evident by winning Plant Engineering’s prestigious Product of the Year Award for three consecutive years. Their continued success in delivering deep and versatile solutions is now even more evident in their launch of the NRG MRO/MDaaS Platform which:
- Makes parts easy to find
- Optimizes ERP/EAM systems
- Enhances reporting
- Makes procurement decisions easier
- Improves inventory valuation calculations
- Enables removal of duplicate items
- Enables supply chain optimization and savings
About Net Results Group
Net Results Group, LLC is a technology-focused software and services firm with a comprehensive offering for significantly improving MRO master data. The firm’s unique combination of asset expertise, reliability services and tools – including its cloud-based MRO3i™ technology suite – helps asset-intensive organizations make intelligent use of their data.
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