At the 2012 Grainger Show, R. Donovan Baker of Honeywell Safety Products discusses OSHA compliance and cost management with My Purchasing Center's Susan Avery.
Basically, the results clearly show that no matter how companies achieve sophisticated “state of the art” manufacturing processes and are leaders in providing precision futuristic products to their markets, they “put up” with MRO situations that detract from the substantial investments they make in product innovation and reliability programs. Certainly, they do not “put up” with any detraction in their reliability processes….if detractions exist/occur, they fix it, i.e., change for the better. Why is there little change for the better in MRO storeroom management thinking?
Their biggest challenge? A lack of information. History shows that because many MRO items are low cost, users have been able to purchase them when they need them. And, because organizations don’t have sufficient data on this spending, they often buy and stock more of the items than they need just in case.
The whitepaper helps procurement teams understand the transition that the labeling industry is going through and how such a transformation may impact the end users of labels.