12 Best Practices of Inventory Optimization: Minimize costs, maximize uptime with MRO inventory control

摘要

Determining the optimal stock levels for MRO spares should be a science, not an art. But for most organizations, it represents an impossible numbers game. Inventory managers are faced with the challenge of managing tens or hundreds of thousands of items, each with then-own characteristics, requiring complex and time-consuming calculations. Without a structured methodology and powerful analytical tools, the proactive management of large inventories becomes an impossible task, resulting in rapidly increasing inventory levels combined with critical shortages of spare parts.