Bob Wilson, CMRP, Senior Director of Client Assesments, Performance Consulting Associates, Inc.
AM2011 North America
The purpose of the storeroom and MRO inventory is to reduce the consequence of failure! There is a clear and compelling connection between MRO materials management and equipment reliability. In today's difficult and challenging economy, the storeroom is a vital link in the organizational chain. Today cash is king, and no smart CEO or CFO wants to invest valuable working capital in non-productive assets that will sit in the storeroom collecting dust and becoming obsolete. Without a structured approach to balancing risk and investment, the storeroom cannot become a full partner in support of Asset Reliability. This presentation will outline the steps needed to create the "perfect storeroom"; by insuring that the right part, in the right quantity, is available at the right time to support reliability and reduce the impact of equipment failure.