Accenture Product Lifecycle Optimization: MRO Optimization for High Performance

MRO has not been prioritized, even neglected, in many companies as its market is scattered, products are technically complex and return on investment for optimization activities of MRO is usually low.

Accenture Product Lifecycle Optimization has developed industrialized services that address specific issues faced by our clients and optimize their MRO management. These include the following:

• Parts Rationalization: Part data management, part classification, mass recodification, technical data enrichment and technical reference guide creation

• Strategic Sourcing: Category management, sourcing diagnostic, total cost of ownership (TCO) optimization, procurement and contracting

• Warehouse Design: Warehouse layout creation, process definition, storage and handling equipment requirements, inventory guidelines and warehouse operations

• Inventory Optimization: Analysis, inventory reduction, recommendation reports and spare parts availability rate improvement

• Operations Optimization: Overall equipment effectiveness (OEE) optimization, corrective and preventive maintenance processes, obsolescence management, repair and warranty

• Parts Identification: MRO eCatalogue, indexation and versioning, and document digitalization

Accenture has more than 15 years of experience in helping clients optimize MRO by leveraging more than 1,900 sourcing experts. Accenture Product Lifecycle Optimization solution is based on unique assets, such as the following:

• Recodification tool for spare parts classification and rationalization

• Inventory optimization tool for site inventory optimization with automated maximum retail price (MRP) parameter recommendations

• Warehouse design toolkit for advanced warehouse operations optimization

• MRO eCatalogue tool for spare parts identification and substitute analysis

This solution can also assist organizations tackle other MRO challenges, for example, custom code or technical document scanning and digitalization.