Manufacturers tend to discount MRO as a target for cost savings and revenue generation. After all, their financial reports show it as a small investment area, but an analysis of MRO’s impact on total cost can change that view. TCO numbers can quickly deflate any argument to defend piece price.
Rather than engage in reactive maintenance, which is when you wait for a problem to show up and then fix it, innovators are now saving millions by switching to a Total Productive Maintenance system to ensure machines run optimally, while using predictive analytics and maintenance techniques to anticipate problems before they occur.
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