Overview

For asset-intensive industries, any asset downtime can mean lost revenue. IBM Maximo® MRO Inventory Optimization and Support solutions help you optimize your maintenance, repair and operations inventory. Continuous optimization of MRO inventory can minimize downtime and costs. Using predictive and prescriptive analytics technology, MRO Inventory Optimization helps you cost-effectively maintain the ideal mix of critical MRO spares and materials to ensure the right spares are available at the right time, and at the right cost.

  • Up to 50% of unplanned asset downtime is due to stock outs, so having the right parts when needed is critical to your business.¹
  • Less than 20% of asset-intensive organizations have the right maintenance spares in stock at least 95% of the time.²
  • Up to 40% of maintenance workers' time losses can be attributed to spare parts inventory imbalance, so efficiency  leaks extend well beyond the storeroom.²

Benefits

Reduce asset downtime by having the right maintenance repair parts in stock when you need them.

Keep MRO inventory optimized continuously to help reduce the cost of repair and replacement parts.

Improve internal service levels by maintaining an optimized MRO inventory to help cut unplanned downtime.

Services

IBM Maximo MRO Inventory Optimization Solution

Balance cost and risk to continuously adjust MRO inventory levels so spares are available when needed to help reduce downtime.

IBM Maximo MRO Inventory Optimization Rapid Value Services

These individual services help you isolate, target and address specific MRO areas that represent the greatest challenge and the highest potential impact including Stock Level Reset, Slow Moving Spares analysis and more.

MRO for industries

Utilities

Regardless of the type of power generation or transmission and distribution equipment you manage, a better picture of your MRO spares can help you maintain efficient, economical asset operation.

Oil and gas

Whether you oversee production, refinery processing or pipeline integrity, MRO Inventory Optimization can help you achieve peak asset performance and maximize uptime.

Mining

Falling commodity prices and declining demand mandate deep cost cutting. MRO Inventory Optimization can help uncover significant savings in spares and materials.

Transportation

Transportation companies depend on their assets to be available and operate safely. The right inventory of maintenance spares can help keep people and products moving while reducing expenses.

Petrochemical

MRO Inventory Optimization can help petrochemical companies operate more profitably and efficiently with less downtime by keeping costs low and service levels high.

Manufacturing

Manufacturing businesses face risks from safety, environmental perils, waste, delivery and more. MRO Inventory Optimization can help reduce downtime by having the right MRO spares available when needed.

Success stories

Large global aluminum producer

  • Reduced MRO inventory by USD 23 million in one year
  • Avoided USD 5 million in repairable costs

Major Australian mining company

  • Reduced MRO inventory by AUD 52 million over six years
  • Sustained 50% year-over-year MRO inventory reduction

Large global oil and gas company

  • Reduced MRO inventory costs by 10% in six months
  • Lowered inventory levels by at least 10% three years running

Related solutions

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Enterprise Asset Management Solutions

When you connect with IoT devices using enterprise asset management (EAM), you can learn more, do more and earn more.

Enterprise Asset Performance Management Solutions

Add the power of AI and analytics to your EAM systems to help reduce unplanned repairs and increase asset availability.

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¹ Aberdeen Group, "The Importance of Inventory Optimization and MRO." July 2015.

² Reliabilityweb.com, "MRO - Maintenance, Repair and Operations Best Practices." June 2017.