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IBM MRO Inventory OptimizationIBM

IBM MRO IO (maintenance, repairs and operations inventory optimization) is a cloud-based solution that uses AI to help users in asset-intensive industries optimize the spare inventory of critical equipment parts to minimize unplanned downtime.

Vendor

Vendor

IBM

Company Website

Company Website

Product details

Uncover a clearer, more accurate view of your inventory

IBM® MRO Inventory Optimization (IO) is a cloud-based inventory platform that combines statistical analyses, prescriptive analytics, automation and optimization algorithms to help users in asset-intensive industries improve margins, increase service levels and minimize unplanned downtime.

Specifically designed for the unique challenges of maintenance, repair and operations (MRO) environments, MRO IO helps provide users with an accurate, detailed picture of their MRO inventory management and performance. The powerful capabilities of MRO IO support users making informed real-time decisions that balance cost and risk to help streamline and optimize MRO inventories.

This cloud-based maintenance tracking and management system includes scoring capabilities to help prioritize pressing issues that need attention, work queues to monitor progress and workloads, intermittent demand forecasting and customizable layouts.

Benefits

  • **A clearer view into inventory: **Improve procurement by identifying stockouts, excessive inventory and slow moving or potentially obsolete inventory.
  • **Insights to make the right decisions: **Review historical data modules to drive actionable insights based on criticality, lead time and more.
  • **Business value from the start: **Integrate with enterprise asset management and ERP applications to be cost-effective while driving business benefits.