MRO SUPPLIES OTHER

MRO stands for operations, maintenance, and repair. It encompasses everything necessary to ensure the smooth operation of a company's production processes and facilities. MRO, for instance, includes everyday tasks like cleaning and procuring office supplies in addition to the routine maintenance and repair of production machinery. According to the Boston Consulting Group, maintenance, repair, and overhaul (MRO) expenses can account for as much as 4.5 percent of a company's revenue in some sectors. As a result, cutting back on MRO expenditures can have a significant impact on the bottom line.

Consumable materials, tools, and supplies for operations, maintenance, and repair are included in MRO inventory. Unlike raw materials, MRO includes products that are used in the production process but are not part of the company's finished goods. The MRO stock includes tools and spare parts for repairing production equipment, as well as gloves and goggles for factory workers. Since MRO inventory affects the productivity of almost every department, it is imperative to maintain adequate MRO inventory without overstocking the company.