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).<\/p>\n\n\n\n
Furthermore, by implementing suitable training, SOPs, and KPI\u2019s for managers to monitor, a company\u2019s own employees can run these functions more effectively. This approach also enables cross training of employees to handle critical peak periods as they arise within the operation.<\/p>\n\n\n\n
Where outsourcing can be most effective is when MRO data needs to be cleansed and standardized. Without quality and standardized MRO data, your critical MRO functions will be negatively impacted by poor decision making. As an example, creating a work order but assigning the wrong part will cause unnecessary downtime and inefficient preventive maintenance practices.<\/p>\n\n\n\n
Companies do not have the time to standardize and enrich large volumes of critical MRO item data, and since these types of projects only last for a specified timeframe, inhouse experts are not able to fully perform core functions during such assignments. A more cost-effective and time-efficient approach is to rely on specialists whose sole area of expertise is MRO item data. These data experts can cost-effectively create a sustainable data quality model that ensures the ongoing quality of MRO item information does not deteriorate into bad or corrupt data.<\/p>\n\n\n\n
In past articles, we discussed the favorable return for embarking on MRO data projects. Here, we address how to evaluate and differentiate alternative providers (resources) of MRO data solutions that can provide best value to achieve project objectives with lower investment and risk.<\/p>\n\n\n\n
Consider that MRO item master data depends on two critical undertakings:<\/p>\n\n\n\n
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