Trends Driving APAC's MRO Industry

Trends Driving APAC's MRO Industry

New MRO trends can be witnessed in almost any area of production These trends concentrate on advancements in three key areas: Supply chain management, storeroom/inventory management, and MRO parts repair. Challenges in these areas are among the simplest to solve and can have a significant impact on a company’s bottom line.

Smart Devices to Monitor Performance and Maintenance Criteria

Before sensors and other smart technology were invented and widely used, maintenance procedures followed a predictable routine. Inventory managers strove to have enough parts on hand to meet maintenance demands, and preventive maintenance was performed by manufacturer guidelines. Numerous inefficiencies were thereby developed. Parts may be replaced earlier than necessary with preventive maintenance, but reactive repairs cause lengthy downtime, and inventory guesswork frequently results in either too much or not enough stock. Manufacturers can now track equipment performance and maintenance requirements better thanks to sensors and Internet of Things (IoT) technologies, greatly decreasing or even eliminating the cost inefficiencies of outdated practices. As a result, the MRO process is made more proactive and effective. 

These data-based solutions enable manufacturers to recognise and schedule maintenance, repairs, and replacements before apparent flaws appear or have an impact on operations.

Sensors in Storerooms

The facility floor is no longer the only area where sensors are used. By implementing smart technologies, storeroom managers are better able to keep track of inventory and spare component locations. This significantly lowers downtime because parts are more frequently available and situated where they are needed. As sensor technology develops, it becomes able to track inventory and communicate with machines, which has enormous potential for improving ordering accuracy and storeroom use.

Supply Chain Relationships

Digitalization and smart technologies provide enormous volumes of data, which informs the maintenance efficiencies produced by smart machines. Additionally, by analysing the effectiveness of the supply chain, that data enables manufacturers to give suppliers more information and forge real partnerships. Everything from pricing to turnaround time could benefit from this, including both. Managers can also use it to find areas where ordering and supplier selection could be more efficient.

More Data, More Applications:

Data is at the centre of the digital revolution in manufacturing and MRO, as previously mentioned. Facilities should have access to increasingly more performance data as they realise the advantages of sensors and install more intelligent equipment across the facility. The upward curve of this technology indicates that additional innovation, which will broaden and increase the advantages to all, is on the way.

Focus on Flexibility

The COVID-19 pandemic has continued to make the supply chain unpredictable, exposing flexibility gaps when shortages and shipping delays occur. Digital technology, from data gathering and tracking to supply chain analysis, is the most efficient way to overcome these difficulties. Innovation and agility in sourcing and procurement remain crucial. A professional, educated workforce that is familiar with the implementation, maintenance, and use of sensors and other cutting-edge equipment is necessary to support the data-and technology-driven tools affecting MRO. Many manufacturers look to turn-key workforce solutions to suit their demands as the skills gap and labour scarcity persist, making it tough to fill these roles.

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