In the world of Procurement and Operations one of the phrases that you will frequently come across is “MRO”.
But many people throw around the term without truly understanding what it means, and how important it truly is for the ongoing, and successful, operation of any company.
If your production line stops dead because you are out of stock of an MRO item you will immediately develop an understanding and appreciation for this area.
So let’s try and provide some clarification.
What is MRO? And why is it important?Continue reading “What is MRO and Why is it Important?”