The Future of Parts Inventory Management: A Study in MRO Efficiency

This is the 8th installment in our series commemorating the Barcoding, Inc. 8th Annual Executive Forum, held in October of last year. Each week, we are sharing a #TBT Video of the Week post that features an expert discussion session from EF8. If you haven’t seen last week’s video, a look into the future of inventory accuracy, you can find it here.

This Week’s Video
Stan Marshall of Georgia Pacific led “Track I: The Future of Parts Inventory Management: A Study in MRO Efficiency”. He has served for 31 years as a consultant, helping companies improve their supply chain processes and encouraging them to try new things that allow for better use of their valuable resources. In the video, Marshall explains through different case studies how MRO efficiency has changed throughout the years.

MRO and RFID
Have you ever taken your car into the repair shop, only to be told “we don’t have the part you need”? MRO (maintenance, repair and operations) stores have lots of moving pieces, so there are countless opportunities to improve efficiency by switching up old processes. That way, you won’t ever have to worry about a missing part again! As Marshall explains, by incorporating RFID technology (which you can read more about here), companies can “improve reliability, efficiency, parts management, parts tracking and reduce overall cost and increase cycle count accuracy”. It takes care of the little details, so that businesses can focus time, costs and energy on what really matters.

Press Play
In the past, Marshall has worked with Barcoding to develop solutions that improve MRO operations in a big way. We invite you to watch the video below to listen to Marshall’s full session and find out how:

Stay tuned to the Barcoding Blog for next week’s #TBT! In the meantime, feel free to follow us on Twitter, Facebook, LinkedIn, and Instagram to keep up-to-date with us and our #SupplyChainGeek friends!