In manufacturing and service operations, MRO spare parts can make up 40–50% of the maintenance budget, with annual carrying costs reaching 20–30% of inventory value. Poor management leads to ...

You can grow a spare parts business by running short-term promotions to boost sales or investing in the service you offer. Offering customers better value, faster delivery, a larger range, better ...

parts are not available, TAT for servicing at service centres increases, and customers become unhappy. When they see that the higher prices they have to pay at these service centres do not result in ...