Are your MRO stores keeping you awake at night?

In the current manufacturing landscape, supply chain inefficiencies are a significant challenge. From unpredictable lead times to obsolescence issues and the burdens of managing MRO (Maintenance, Repair, and Operations) stores, these challenges can lead to costly downtime, missed production targets, and unnecessary expenditures.

According to the recent MRO Supply Chain Report, one of the most significant causes of unscheduled downtime in UK manufacturing is spare parts availability. This issue is compounded by outdated procurement practices and the complexity of managing engineering stores, which many companies refer to as "the land that time forgot".

Challenges you might be facing:

1. Spare Parts Availability: A significant 51% of businesses surveyed reported experiencing downtime due to spares availability issues. This downtime is often a result of slow procurement processes and inadequate stock management, leading to production halts that could have been avoided.
2. Obsolescence and Stock Write-Offs: The report reveals that 20% of businesses wrote off more than ￡25,000 worth of engineering inventory in the last financial year, with some companies reporting write-offs exceeding ￡1 million. Additionally, one-third of businesses have no formal processes in place to manage obsolescence, leading to unnecessary waste and increased costs.
3. Operational Inefficiency: Despite the importance of efficient MRO operations, nearly 30% of businesses reported that they never conduct regular inventory checks, and a staggering 55% admitted to maintaining 'squirrel stores'—unofficial stashes of spare parts hidden by engineers. These practices result in inaccurate inventory data and poorly managed stock, undermining the overall efficiency of the supply chain.

How ERIKS OnSite Can Help:

ERIKS OnSite offers a comprehensive solution to these challenges by embedding our expert teams directly into your facility. Their role can include organising and managing the MRO stores, handling the procurement of MRO products, collaborating with the engineering team to enhance production, and assisting with maintenance planning. No two manufacturers are the same and therefore no two OnSite projects are the same, but they do have core attributes:

• Customised Inventory Management: Tailored solutions based on your specific needs, reducing excess inventory and optimising stock levels.
• Increased Efficiency: Quick access to critical parts ensures your operations run smoothly, minimising downtime and improving productivity.
• Vendor Consolidation: Simplify procurement and enhance purchasing power by consolidating up to 80% of your spend with a single, trusted supplier.
• Technical Expertise: Our knowledgeable staff are on hand to assist with product selection, technical queries, and finding alternative solutions to obsolescence issues.

A significant 51% of businesses surveyed reported experiencing downtime due to spares availability issues.

ERIKS OnSite service allows manufacturers to concentrate on what they do best and outsources the headaches of the MRO supply chain to an experienced expert.

Here’s what some of our customers have said:

• “ERIKS understands our business. They grew with us from being just a consumables supplier to an all-round service provider. Their ability to integrate fully with our operations has been crucial to our success.” – Lee Matthews, Plant Manager, SAI Automotive Fradley.
• “The specialist support from ERIKS is incredibly helpful. Their proactive approach has significantly improved our site performance and energy savings.” – Paul Whitehouse, Managing Director, Steel & Alloy.
• “ERIKS is integral in moving our business forward. They’re not just a stores operator but a resource with technical knowledge that makes our lives easier.” – Sava Mirkovic, Facilities Manager, Weetabix.

If you're looking to overcome storeroom headaches, streamline your supply chain and unlock significant cost savings, it's time to explore what ERIKS OnSite can do for you. Visit our website to learn more or connect with our team to discuss how we can tailor our solutions to meet your specific needs.

Explore ERIKS OnSite Solutions ?? https://eriks.co.uk/en/solutions-page/onsite/

SAI Automotive optimises operations with OnSite Solutions

SAI Automotive Fradley’s relationship with ERIKS began over two decades ago and has transformed from a simple supplier agreement into a strategic partnership. By integrating ERIKS OnSite Solutions within its business, SAI Automotive has achieved impressive results, including maintaining over 98% stock accuracy and significant energy cost reductions.

Read the case study ?? https://eriks.co.uk/en/know-how-hub/case-studies/eriks-sai-automotive-onsite/

Webinar Recap:

Improving Productivity by changing MRO Supply Chain Dynamics

Paul Lynch and Tim Munt of ERIKS recently partnered with Industrial Plant & Equipment to discuss the findings of our MRO Supply Chain Report. They explored how supply chain inefficiencies contribute to unscheduled downtime and shared strategies to improve operations.

Watch the webinar recording to hear their valuable insights ??

https://wbmwebinars.com/improving-productivity-by-changing-the-maintenance-repair-and-operations-mro-supply-chain-dynamics/live

Stay tuned for our next article, where we'll dive deeper into how ERIKS OnSite Solutions have been a game-changer for a leading UK household cereal brand. Don't miss out - subscribe today to keep up with the latest insights and success stories from ERIKS.

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