In today’s fast-changing and unpredictable world, maintaining a resilient supply chain for maintenance, repair, and operations (MRO) is essential for businesses across various sectors. Managing Director of RS South Africa, Brian Andrew, says the goal is not just to withstand disruptions but to adapt and thrive amid them.
Supply chain resilience depends on the knowledge of suppliers, their reliability, and the quality of supplies.
Here he shares his top five tips on how to approach and manage MRO supply chains to ensure resilience against future shocks.
Focus on trusted suppliers
Rather than diversifying the MRO supplier base widely, businesses should rely on a core group of trusted suppliers that can guarantee delivery certainty. Building strong relationships with these suppliers will ensure stability and reliability in the supply chain.
Develop a flexible supply chain
When faced with pressure, it is essential to act quickly while considering the long-term consequences. A flexible supply chain and suppliers that can adapt to changing circumstances is key. This flexibility includes being prepared for potential increases in spending or the need to switch suppliers without significant disruptions.
Leverage technology and data
Use eProcurement and vendor managed inventory (VMI) solutions from a trusted and stable procurement partner. Effective planning requires visibility into what is being consumed, especially for companies with multiple plants. High-quality data is essential to maintain adequate inventory levels and ensure supply chain resilience.
Choose sustainable and ethical procurement
Cost reduction is important, but sustainable and ethical procurement practices are equally so. It’s important to work with partners that share common goals and include sustainability programmes in procurement processes. As well as benefitting the environment, for businesses that value sustainability this approach will align with the values of company management, shareholders, and customers.
Plan for continuity
Continuity planning requires a comprehensive action plan that includes compliance with policies, processes, and corporate governance. Ethical sourcing of raw materials should be a priority, and procurement departments should challenge the status quo, if need be, to follow ethical sourcing principles.
Supply chain resilience depends on the quality, reliability, and knowledge of suppliers. Working with the right MRO supplier, leveraging technology, and focusing on sustainable practices, businesses can be better prepared for future disruptions and maintain a robust supply chain.
For more information visit: https://za.rs-online.com