Raise Your Game: Meeting the Changing Expectations in MRO Procurement
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In this webinar, we’ll discuss three current focus areas for MRO professionals globally. We’ll zero in on the key challenges in today’s operating environment and discuss the demands they create for MRO procurement: How to reduce production downtime How to support increasing production activity How new technologies such as RFID, robotics, Artificial Intelligence (AI), Blockchain and 3D printing can help MRO professionals keep up.
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Raise Your Game: Meeting the Changing Expectations in MRO Procurement
- 1. RAISE YOUR GAME MEETING THE CHANGING EXPECTATIONS IN MRO PROCUREMENT 12 December 2018
- 2. Meeting the changing expectations in MRO procurement 1 Introductions Key challenges in MRO The impact of new technology 2 3 Closing thoughts4
- 3. Rowan Lemley (host) Introductions Paul Sharp Sr. Director, US Delivery & Support OpusCapita
- 4. Internal OpusCapita Digitalizing global trade, one customer at a time. • Founded in 1984 • Turnover 65M€ (2017) • ~400 employees • 11 sites in 7 countries • ~3000 customers eProcurement used across 100 countries Invoice Automation across Nordics 16 million e-invoices sent and received annually
- 5. 10.11.2017 OpusCapita5 OpusCapita – what we do • Source-to-Pay • Cash Management • Business Network • Product Information Mgnt • Accounts Receivable Automation A broad and differentiating portfolio
- 6. Master Data Management for Products Product Information Management Digital Asset Management Cross Media publisher Self Service Manager Online Product Catalog Accounts Receivable Automation e-Order Receiving Invoice Sending Payment Matching e-Procurement Supplier Information Manager Request for Quote Contract Manager Self Service Manager Online Product Catalog Procurement Manager Budget Manager Services Procurement Inventory Manager Accounts Payable Automation Invoice Receiving Invoice Archive Expense Management Cash Management Liquidity Accounts In-House Banking Netting Archive Payments and Financing Payments Bank Connections Payment Matching Dynamic Discounting SELL MORE BUY EASIER PAY SMARTER Business Network Invoice Sending, Invoice Receiving, B2B Integration, Business Network Portal, On-boarding Enabling end-to-end automation Digitalizing Global Trade, One Customer at a Time.
- 7. Sourcing & Supplier Engagement Operational Procurement Accounts Payable Automation Supplier Information Management RfQ Catalog Management Network Portal Online Product Catalog Smart Forms eProcurement Budget Management Service Procurement Inventory Management Our Business Network connects your processes to your customers, your suppliers, your banks and more. E-Invoice Receiving Invoice Management Matching Mobility Business Network 900 000 Suppliers 40 million Products 220 million annual invoices 100 billion in annual payments 11 000 banks connected via SWIFT certified payments PEPPOL and EU compliant Enabling end-to-end automationOpusCapita Source-to-Pay
- 8. Maintenance Requires a part or service according to a schedule Procurement Receiving a requisition, Procurement sources supply Supplier / Warehouse The supplier or warehouse confirms they have the part Procurement The price is validated, and the order is placed Supplier / Warehouse The part is picked or shipped & received Maintenance Receives the goods An MRO process example
- 9. Materials, Repair & Operations MRO Supplier catalog management Pricing and price validation Integration of shop to ERP/EAM systems Source of supply and ordering from inventory Non-catalog and services procurement MDM and parts book integration
- 10. Key Challenges in MRO “We have a hard time justifying MRO integration because we neither know what the actual MRO spend is, nor have an understanding of total cost of ownerships.” “The sourcing of information for maintenance parts requires searching across multiple information providers.”
- 13. Punchout from ERP or EAM solution
- 15. Associated Bill of Materials
- 16. Spare Parts with Vendor Selection
- 17. Spare Parts with Vendor Selection
- 18. New technology and MRO • Machine Intelligence • Dynamic Scheduling • Augmented Reality 3 KPIs: • Overall Equipment Effectiveness • % of Frictionless MRO Purchase • PM/PdM : Breakdown Ratio (hours)
- 20. A future for MRO With all the challenges of inherent in the MRO process, what might be a good starting point for any organization beginning a digital transformation project? What new technology are you excited to see brought into use over the next few years? What role do you see Suppliers play in helping to reduce production downtime & increasing productivity?
- 21. Closing remarks Paul Sharp Sr. Director, US Delivery & Support OpusCapita
- 22. SELL MORE BUY EASIER PAY SMARTER Business network GROWTH OpusCapita 30+ years experience 3000+ Customers A pioneer of new technology A thought leader A partner