Keeping control with an effective MRO strategy
MRO (Maintenance, Repair and Operations) or Indirect Procurement, is critical for businesses- even if you don’t realize it. In fact, keeping a close eye on your MRO is an excellent way of keeping your budget tight and save money.
MRO refers to the products that go into keeping the business running, but not into any actual products. This can include consumables like cleaning or office supplies, computers, furniture, etc. While it might not seem much compared to more regular expenses, it can add up quickly, and if you don’t keep an eye on your indirect procurement, you can spend more money than you intend to. Thankfully, you don’t need to cut down on purchasing; you just need to be smart about how you purchase.
A good MRO strategy is crucial to a good business. Keeping an eye on the hidden costs associated with this kind of spending can keep your expenses tidy, and boost your profits too by being efficient with how you spend. And while, certainly, being smart about these kind of purchases is good, individual MRO purchases come with the own set of hidden costs. While the end result might be a cheaper purchase than normal, the time spent seeking out high quality but inexpensive goods often ends with the price saved just being lost to the expense of the lost work time. So how can you avoid that?
The answer is simple; outsource your Indirect Procurement. By hiring a procurement agency, you can save time and money together. Organizations like SourceApart have preexisting global databases of vendors that we can easily negotiate with and help get you quality products for excellent prices. Not only are you saving money on your purchase, due to us reducing the price further than could be done on your own, you’re also saving money by not spending time working on it.
If you are interested in finding out more, contact us to discuss your needs. Our friendly team will be delighted to assist you.
We provide a hassle free service
Our clients are busy people so we aim to provide a hassle free procurement service. We get to know our clients, focusing on long term relationships, so that we understand their needs and deliver consistently for them. We take a pro-active stance in helping them reach their business goals and objectives.
The Sourceapart procurement journey
- Our clients identify a need for a machine part or product.
- We take note of the specifications, any special requests and requirements.
- We then search our global vendor database to analyse the best match for your product or part.
- We source the part/product.
- We negotiate the best price ensuring no loss of quality with the vendors.
- We then supply the information to our clients allowing them to make an informed decision.
- Our client decides on the relevant vendor.
- The Sourceapart procurement team order the item.
- We look after logistics and delivery to your door.
We save you time and money
Trying to source parts and products can be very time consuming, involving lots of internet research, phone calls and emails. By letting us take care of your sourcing needs you can focus on running your business. We will investigate all the necessary information to determine the best price and terms for the required product. The length of this will depend on whether the company needs commodities (readily available products) or specialised materials.
We not only save you money in terms of time but also in real terms. By utilising our global vendor brand network, you gain access to increased purchasing power and reduced prices. Savings depend on commodities, specialised materials and/or manufacturing pipelines. Please contact us to discuss your needs. Our friendly team will be delighted to assist you.
Whatever your business size, we can help your small business save money and time. Our small business customers get access to a huge network of vendors as well as increased purchasing power. Call us today to discuss your needs.