Overview
Uncover a clearer, more accurate view of your inventory
IBM MRO Inventory Optimization (IO) is a cloud-based inventory platform that combines statistical analyses, prescriptive analytics and optimization algorithms to help users in asset-intensive industries improve margins, increase service levels and minimize unplanned downtime.
Specifically designed for the unique challenges of (maintenance, repair and operations) MRO environments, MRO IO helps provide users with an accurate, detailed picture of their MRO inventory performance; and powerful capabilities to make informed decisions that balance cost and risk to help optimize MRO inventories.
This cloud service includes intermittent demand forecasting, scoring capabilities to help prioritize pressing issues that need attention, work queues to monitor progress and workloads, and customizable layouts.
IBM Maximo MRO Inventory Optimization demo (05:36)
Why choose MRO Inventory Optimization
50%
reduction in unplanned downtime related to parts
40%
reduction in inventory costs
35%
savings in maintenance budgets
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, transmission and distribution assets while ensuring higher levels of reliability. Improve maintenance crew productivity by providing 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.
Resources
Introducing MRO Inventory Optimization
Optimize your MRO inventory, cut costs and unplanned asset downtime with predictive and prescriptive analytics.
IBM Maximo® Application Suite
Reach across your enterprise to unify operations, optimize your assets, and maintain business continuity.