What is MRO Inventory Optimisation?

What does MRO Inventory Optimisation mean?

MRO Inventory Optimisation is the practice of managing maintenance, repair, and operations (MRO) spare parts to achieve the right balance between availability and cost. It helps organisations ensure that critical spare parts are always available to avoid downtime, while minimising overstock and tied-up working capital.

For asset-intensive industries, optimising MRO inventory requires accurate and standardised data. Duplicate records, inconsistent material descriptions, or incomplete supplier information can prevent companies from achieving efficiency gains, even if advanced optimisation tools are in place.

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Key factors in MRO Inventory Optimisation

Data quality – Clean and standardised spare parts records.
Criticality analysis – Identifying which parts are essential to operations.
Stocking policies – Defining reorder points, lead times, and safety stock.
Integration with ERP/EAM – Aligning inventory with systems like SAP S/4HANA, Maximo, or IFS.
Lifecycle management – Managing obsolescence and replacement of parts over time.

Why MRO Inventory Optimisation matters

MRO Inventory Optimisation helps organisations:

Reduce downtime by ensuring critical spares are always available.
Minimise excess inventory and free up working capital.
Improve procurement efficiency and supplier collaboration.
Support maintenance planning and predictive maintenance initiatives.

Sharecat Data Services enables companies to achieve MRO Inventory Optimisation by preparing their spare parts data. Through cleansing, enrichment, and standardisation, Sharecat ensures that optimisation models are built on accurate, complete, and reliable data—turning inventory data into a driver of cost savings and operational reliability.

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Glossary

What is MRO Inventory Optimisation?

What does MRO Inventory Optimisation mean?

Key factors in MRO Inventory Optimisation

Why MRO Inventory Optimisation matters