Accurate, up-to-date materials management is essential for safeguarding your business integrity and ensuring that critical equipment is kept running. Without expert guidance in this area, you risk unnecessary costs involved with holding Maintenance Repair and Overhaul (MRO) inventory spare parts.
ABL’s proven inventory management consulting services are designed to save you money, boost productivity, and minimise equipment downtime. Our bespoke solutions for materials management are built around your organization’s specific needs, and our team will work with you to establish a future-proofed plan of action.
Our expert consultants use our bespoke inventory management software – including AssetVoice™, Effio™ and ePAV™ – to offer clients end-to-end processes and solutions tailored for specific MRO inventory management requirements. This enables you to unlock significant time savings and financial benefits.
We work with you to develop a truly bespoke solution for materials management, which includes using specialised Bill of Materials (BoM) software, forecasting your inventory, and conducting warehouse audits.
Our approach can be broken down into two categories:
MRO inventory management
Repair and sparing strategies
Material Mastering, cataloguing, data standardisation, cleansing and enrichment
Equipment Bill of Materials (BoMs) audits and benchmarking analysis
Equipment BoMs development and enrichment
Preventative Maintenance Materials assignment
Critical Spare Parts identification
Spare Part Interchangeability List (SPIL) review and assessment
Effio™ is our bespoke master data optimisation software, which is compatible with any EAM, CMMS or APM and allows us to be more efficient with our client’s materials management data in a controlled, optimised and collaborative working environment.
AssetVoice™ is our automated MoC software which uses digital tracking technologies (RFID, NFC and barcodes) to allow our clients to track, monitor, manage their assets and MRO inventory in a fully customised manner reducing workload, increasing efficiencies and cutting costs.
The value our inventory management solutions bring
Inventory management consulting can have a tangible, long-term effect on your organization that stretches across the entirety of your network. Our service offering will help you to:
Save money
Costs can be reduced and money saved by having accurate and reliable asset and MRO inventory data which will allow your business to procure the required optimal MRO inventory spare parts in the shortest lead time and at the most competitive price point.
Boost productivity
Accurate and reliable asset and MRO inventory data coupled with cutting-edge inventory software can streamline outdated, laborious, and at times siloed processes and tasks leading to an effective and robust MoC.
Generate cash
Cash can be generated by identifying obsolete items. Further financial gains can be achieved through ensuring MRO inventory spare part forecasting and ordering parameters are periodically reviewed to assess their accuracy against your actual historical consumption.
Minimise equipment downtime
Through the ability to accurately identify your Critical Assets which could impact production or safety you will be able to mitigate against equipment failure and potential downtime.
Reduce carbon footprint
The carbon footprint of your business can be significantly reduced by having the correct MRO inventory spare parts identified and available when required.
Our proven results
Our materials management solutions have been proven to minimise business risk and unlock significant cost savings and efficiencies for our global clients across multiple industries.
$17M
Saved on planning and efficiencies gains through enrichment of 167,000 Maintenance BoMs
11%
Saved on average for procurement spend per client
$19M
Identified of unnecessary stock held, caused by poor data standards which resulted in ordering duplication of equipment
60%
Reduction in number of suppliers our client had to directly manage through access to our online procurement portal
“By having up-to-date and accurate maintenance BoMs, the maintenance team can efficiently identify the right spare parts, with the correct specifications to execute the maintenance tasks. This has helped reduce equipment outage time, backlog, and expenditure associated with part sourcing.”
Maintenance Director, International Energy Company
Get in touch
By filling in the form below, you can speak to one of our experts to learn more about our solutions, request a quote or book a software demonstration.
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