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Mro Meaning Supply Chain

oboloo Glossary

Mro Meaning Supply Chain

The Mro Meaning Supply Chain in procurement is a vital part of any organization’s success. It is the process of identifying and managing the procurement of all materials, components, and services required to manufacture or provide the goods and services that make your business successful. MRO (Maintenance, Repair, & Overhaul) supplies are particularly important as they are consumables used by an organization in order to maintain their production/manufacturing processes, operations, products and/or services. To ensure the best ROI (return on investment), it is necessary to properly identify, monitor and manage all aspects of the supply chain associated with MRO items. This includes understanding the scope of what is being purchased, identifying qualified vendors, negotiating pricing, tracking shipments and ensuring timely delivery of incoming orders. Understanding this will help organizations unlock their full potential in procurement and maximize cost savings.

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