By George E. Krauter
Looking back at the year that has just flown by, procurement managers have much to be proud of…and some challenges to be frustrated about. One area of concern is MRO. On average, although MRO spend is only about 7% of the procurement manager’s total procurement responsibility, problems emanating from the MRO supply chain routinely take up 85% of a procurement manager’s time.
To help resolve this situation, a wish list (which should get transformed into a priority list, to make sure 2018 ends up being as somewhat happy year) should consist of the following:
If these wishes can come to fruition, chances are good that procurement mangers will be well on their way to fulfilling their company’s goal of a totally reliable plant that produces a constantly reliable family of products for our market.
All the best for positive progress in the new year!
George Krauter, former founder and president of Industrial Systems Assoc. [I.S.A.] has retired as vice president of Synovos.
Currently, he has initiated, "George Krauter Consulting [GKC]" for effective reliability and cost recovery for consumers of MRO materials. George is a recognized authority on the management of the MRO supply chain and support for maintenance reliability programs. His book, "OUTSOURCING MRO...FINDING A BETTER WAY" is available from Amazon and from Reliability Web.com.
He is published in Uptime, Modern Distribution Management, and Supply and Demand Chain Executive. George has conducted seminars across North America, in Europe, and in the U.A.R. as well as a guest speaker at Temple U., Howard U., Duke, and MIT.
George is a graduate of Temple University; he lives with his wife, Joyce, in Bucks County, PA. All grand kids live within eating distance. He can be reached anytime: email@example.com.
George E. Krauter
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