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to sensors and Internet of Things (IoT) technologies, greatly decreasing or even eliminating the cost inefficiencies of outdated practices.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.