// INVENTORY OPTIMIZATION
Like in any business, running low on stock negatively impacts your production, turnover and customer satisfaction. On the other hand, having too much stock puts unnecessary pressure on your cash flow. Spare parts usage is intermittent and unpredictable, and you’re under constant pressure to keep Maintenance, Repair and Operations (MRO) inventory levels under control, while maintaining or improving service levels.
The success of ensuring any part can be instantly replaced is fundamental to the continual smooth-running of your business. Unfortunately, the unpredictability of intermittent spares makes it impossible to forecast using traditional methods. The challenge isn’t your data quality. It’s the ability to understand the stories in your data and unlock the outcomes that matter to your business. That’s where Inventory Optimization comes in.
Keeping your business flowing.
V-LINE has partnered with Verusen, an AI-powered MRO optimization software to transform MRO materials optimization across global manufacturing operations. By combining purpose-built, AI technology and industry expertise, we as partners are enabling procurement and operations teams around the world to streamline operations, cut costs, and boost efficiency for businesses worldwide.
Purpose-built to deliver results.
Inventory optimization offers several key benefits. You can streamline MRO data across plants, systems, and teams effortlessly, without the need for costly and time-consuming data cleansing. It allows you to simultaneously optimize existing inventory levels while minimizing risks. Utilizing fuzzy search capabilities, you gain clear visibility of MRO materials across your entire network. Additionally, by capturing and leveraging team knowledge, you can make better-informed decisions. The service also helps reduce costs by proactively addressing tail spend in supplier negotiations and contracts. With quick onboarding, minimal IT resources are required, and you can start seeing value within 60 days. Moreover, V-LINE as your local representative in Saudi Arabia is always available to assist you.
AT A GLANCE
What you get:
- Gain visibility to MRO materials across your networks via fuzzy search capabilities
- Capture the team expertise & knowledge for improved decision-making
- Proactively address tail spend reduction opportunities in your supplier negotiations & contracts
- Onboard quickly with minimal IT resources & unlock value within 60 days
- V-LINE is your local representative in Saudi Arabia, available at any time
Main benefits:
- Providing a best in class, AI-powered technology and expertise
- Transform MRO materials optimization across global manufacturing operations
- 10-20% reduction of working capital
- Simultaneously optimize existing inventory levels while reducing risk
- Harmonize MRO data across plants, systems, & teams without time consuming, costly data cleanses
Case studies:
We have been helping business such as yours for over 40 years but don’t just take our word for it. Look at these case studies of other satisfied industrial companies:
Pulp & Paper Manufacturer
$ 3.6 M inventory reduction opportunity
2,200+ materials identified at risk of stock out
Food & Bev Manufacturer
$ 12 M inventory reduction opportunity
13 X ROI in <24 months
Industrial Goods Manufacturer
$ 7 M inventory reduction opportunity
3,000 duplicate materials identified
