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MRO Inventory Management Assessment
1
Our company manages all aspects of MRO inventory using a comprehensive set of written and fully implemented policies.
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(Policies such as Min-Max Calculation, Inventory Tracking and Control, Demand Forecasting, etc)
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2
In our company, the minimum reorder point (min/max) settings are consistent across inventory locations in the same regions and/or across all regions.
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3
Our inventory targets are well defined, communicated, and there is evidence that everybody is working towards them.
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4
We conduct regular inventory optimization reviews where the minimum and maximum reorder point levels are reviewed and adjusted to reflect actual usage patterns.
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5
Our company has a review process to identify excess/obsolete inventory regularly.
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6
Our company has a process for calculating the required level of insurance/critical spares.
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7
Our company has a formal system to standardize item descriptions across the inventory.
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8
We count inventory at least once a year and maintain an accuracy score of 95% or greater
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9
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To ensure we provide the most actionable recommendations, please share any additional information about your MRO inventory management practices in the comments box below.
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10
Name
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First Name
Last Name
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11
Company Email
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example@example.com
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