–
With the benefits of data analysis, inventory management improvements go hand in hand with maintenance efficiencies. The ease with which we can track things such as MRO part needs and availability, means that more manufacturers will be aware of the inefficiency of their current inventory practices. They will also be mindful of the benefits that they can gain from implementing at technology- and data-driven inventory plan. Benefits include accurate ordering and forecasting, easier location of spares, more control over storeroom management and faster, efficient maintenance.