Why choose IBM® Maximo® MRO Inventory Optimization
50%
reduction in unplanned downtime related to parts
40%
reduction in inventory costs
35%
savings in maintenance budgets
Overview
Uncover a clearer, more accurate view of your inventory
IBM Maximo MRO Inventory Optimization can help you optimize your maintenance, repair, and operations (MRO) inventory by providing an accurate, detailed picture of performance.
The MRO IO closed-loop solution integrates with EAM and ERP applications, automating day-to-day manual tasks. Machine-learning algorithms gain knowledge from new transactions and movement records coming from the ERP, and use data to determine, in real time, if the current stocking strategy is still appropriate. Considering past material usage and future demand, the solution helps balance the costs of holding inventory against new orders.
Enjoy a low entry point and high value. On average, MRO IO helps reduce inventory holdings by 20%. Some customers have reduced manual process work by as much as 1,700 hours. These savings can free up working capital to fund your company’s digital and operational transformation.
Benefits
A clearer view into inventory
Identifies stockouts, excessive inventory, slow moving and potentially obsolete inventory.
Insights to make the right decisions
Reviews historical data to drive actionable insights based on criticality, lead time and more.
Business value from the start
Integrates with enterprise asset management and ERP applications, driving business benefits and cost savings.
Industries
Energy and utilities
Energy and utilities
Reduce the cost of procuring and managing spares inventories for generation and transmission and distribution assets while ensuring higher levels of reliability. Improve maintenance crew productivity by giving them the parts they need when they need them. Optimize spares inventories and consolidates across regions and distribution centers.
Manufacturing
Manufacturing
Optimize inventory with more accurate forecasting and budgeting to manage fluctuating demand cycles, increase reliability, and ensure production schedules are met. Assign criticality to assets and items to drive better stocking decisions, saving warehouse space for critical materials — and not for slow-moving and obsolete stock.
Mining
Mining
Reduce unplanned downtime by ensuring on-site availability of critical materials and spares to keep round-the-clock mining operations running. Cut MRO inventory-related costs by eliminating inefficiencies, sharing critical spares across geographical regions, and reducing non-essential parts inventory.
Oil and gas
Oil and gas
Leverage prescriptive analytics and insights from existing data to optimize MRO spares inventory. Cut costs by reducing excess inventory while ensuring availability of critical spares and materials for maximum uptime and peak asset performance.