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
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. Low entry point, 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 of Maximo MRO Inventory Optimization
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
Learn more about Maximo MRO Inventory Optimization
Mining for Gold: A testimonial from Freeport McMoRan
Hear how this leading international mining company was able to streamline and automate global stocking strategies to meet market demands.
Accelerate your journey to supply chain sustainability
Learn how inventory management, fulfillment optimization and product provenance helps you create a sustainable and profitable path forward.
Introducing MRO Inventory Optimization
See how you can optimize your MRO inventory, cut costs and reduce unplanned asset downtime by using predictive and prescriptive analytics.
Industries
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 consolidate across regions and distribution centers.
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, not slow-moving and obsolete stock.
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
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.
You may also be interested in
IBM Maximo® Application Suite
Reach across your enterprise to unify operations, optimize your assets and maintain business continuity.
IBM Digital Twin Exchange
Find and manage digital twins whether you’re a content provider or a digital twin customer.
IBM Sterling Inventory Control Tower
Get intelligent insights to see, manage and more effectively act on inventory to meet actual demand.