MRO (Maintenance, Repair, Operations)
Maintenance, Repair, and Operations (MRO) are a key part of the procurement process. MRO items refer to non-production related goods or services necessary to keep operations functioning. This includes a range of items such as tools, electrical supplies, plumbing equipment, industrial machinery, and safety products. By leveraging economies of scale and taking advantage of existing relationships with vendors, organizations can better manage the cost associated with MRO items while also ensuring a consistent flow of supply. Overall, an effective MRO strategy is essential for the smooth running of any business operation.