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 How to future-proof your tender process
It’s important to follow best practice when tendering for the indirect category of supplies for Maintenance, Repair & Operations (MRO). But one size does not fit all businesses and it’s vital to make sure that your tender process reflects your real-life day-to-day needs.
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Reframing MRO Procurement as a Strategic Enabler
Procurement professionals have been thrust into the spotlight by the COVID-19 pandemic. No longer focused on managing costs, procurement departments have been transformed into teams of strategic problem-solvers.
Peter Malpas, President for EMEA at RS Components, reflects on the findings of the fourth annual survey of the MRO sector conducted jointly by RS Components and the Chartered Institute of Procurement & Supply (CIPS), to assess what those changes mean to the procurement profession.
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 2020 Indirect Procurement Report
The 2020 Indirect Procurement Report provides an in-depth look at the category for Maintenance, Repair and Operations (MRO), the impact of Covid-19, how the category is managed and the role of technology and sustainability.
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Webinar: The 2020 Indirect Procurement Report: how procurement has adapted and thrived during the pandemic
Join this webinar as Peter Malpas, President for EMEA at RS components shares the key findings from its 2020 Indirect Procurement Report covering the state of mainenance, repair and operations (MRO) procurement. Expert opinion is provided explaining what the key findings mean for business and what improvements you should consider for your MRO strategy in order to drive your organisation.
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| The Industrial Internet of Things – turning future into fact
The Industrial Internet of Things has the potential to bring dramatic cost reductions and improvements in safety and efficiency. But change happens fast, and businesses that don’t embrace the technology now risk becoming uncompetitive in the future.
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| The benefits of shared strategic responsibilities
Indirect purchasing costs are under more scrutiny than ever and the demands to keep expenditure down are constantly rising. Against this backdrop, procurement professionals need to find new ways to holistically manage costs and deliver value.
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The art of continuous improvement in MRO
There’s an old adage that asks the question, how do you eat an elephant? The answer, as you may already know, is one mouthful at a time.
Sometimes the only way to make progress towards a goal is to break your objective into bite-sized pieces and get there one step at a time. That outlook was attributed with helping the British cycling team rise to global dominance in its sport. And it’s something that many industrial and manufacturing businesses may find beneficial too.
There’s an old adage that asks the question, how do you eat an elephant? The answer, as you may already know, is one mouthful at a time.
Sometimes the only way to make progress towards a goal is to break your objective into bite-sized pieces and get there one step at a time. That outlook was attributed with helping the British cycling team rise to global dominance in its sport. And it’s something that many industrial and manufacturing businesses may find beneficial tooThere’s an old adage that asks the question, how do you eat an elephant? The answer, as you may already know, is one mouthful at a time.Sometimes the only way to make progress towards a goal is to break your objective into bite-sized pieces and get there one step at a time. That outlook was attributed with helping the British cycling team rise to global dominance in its sport. And it’s something that many industrial and manufacturing businesses may find beneficial too.
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MRO in a fast-changing world
Nobody ever said being an MRO professional was easy. Things are getting tougher, with constant pressure on costs, the need to avoid downtime and new demands to be ethical as well. Here RS Components’ Peter Malpas offers a way forward to achieve your objectives in a rapidly changing world.
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Empowering change in MRO procurement
Change is hard, and this can put businesses off doing things differently – but we shouldn’t let fear of failure stop us making the improvements that will take us into the future.
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People, planet and profit: the 3 pillars of sustainable business
To say sustainability has become one the most discussed topics of recent times would be an understatement. Google it and more than one million results will come back – it is an issue of interest and concern to an incredibly diverse audience...
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Webinar on demand: The Future of MRO - The Challenges and Opportunities for Indirect Procurement and MRO
Supply management is a complicated topic but also a route to a successful business. The challenges we see within the Indirect category for Maintenance, Repair & Operations (MRO) procurement are common across organisations of different sizes. Peter Malpas shares the key findings from our recent research commissioned by RS with CIPS members on the challenges MRO supplies. The topics of change and how to respond are explored.
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Responding to Change
In spring 2019, 20 procurement experts gathered at the RS Components head office in the technology hub of London’s Pancras Square to discuss the RS Components and CIPS 2018 whitepaper, Indirect Procurement Report 2018: Drivers of Change & how to respond.
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 Five ways to navigate changes in procurement for MRO
How can you future proof the Indirect Procurement category of MRO supplies for your business?
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Why embracing innovation opens up opportunities for your business
Three industry experts explore attitudes towards new technology and innovation and how these can help to solve common problems related to Indirect Procurement and the category of MRO supplies.
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The pressures facing procurement professionals today
Procurement professionals are under pressure. This may come as no surprise, particularly for those working in the sector, but a recent survey among Chartered Institute of Procurement and Supply (CIPS) members has shed light on the extent of the current pressure for the complex Indirect procurement category for MRO supplies.
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Strategies for managing MRO
MRO procurement is complex. Engineers who are based across multiple sites may be making thousands of low-value purchases, meaning agreeing upon and adhering to a single MRO purchasing strategy is difficult.
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What factors are driving change in procurement for MRO?
Several factors are driving this change, from internal pressures to reduce costs to external factors such as Brexit. The survey, which forms the basis of the Indirect Procurement Report 2018: drivers of change and how to respond whitepaper by RS Components and CIPS, generated insight into drivers of change. factors.
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The Indirect Procurement Report 2018 - MRO - Drivers of Change
The 2nd annual piece of CIPS & RS Components research on the challenges and opportunities for MRO supplies. The report looks at the latest view of procurement and supply chain professionals on the MRO category. Areas of focus are: pressures organisations face, managing inventory and supplier knowledge, stakeholder management, innovation and external factors.
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Cutting the MRO costs of a confectionery giant
In this case study, read all about how RS helped a leading confectionery manufacturer achieve significant cost savings in their indirect procurement process through it's PurchasingManager™ system.
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Process Cost Calculator
The supply chain for indirect materials is complex. Understanding the process costs related to what you’re sourcing and purchasing will enable you to continuously improve and give greater visibility of your total costs. Process costs can be twice the amount spent on products and typically the average process cost for an order is around £80. We’ve developed a process cost calculator to help provide guidance to CIPS members.
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The consolidated approach to MRO
As businesses from all industries look at ways to cut their operational expenditure, the need to make the MRO (maintenance repair and operations) procurement process more efficient has become increasingly important. One of the biggest weapons a procurement team has against excessive indirect spending (and the various soft costs incurred by having an inefficient process) is consolidating suppliers.
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How do you cut MRO costs
In our article ‘What is MRO procurement?’, we explained the importance of indirect procurement costs and how, with this type of purchase, the average organisation spends £2 on process costs to every £1 spent on the actual product. While the product cost is still worth considering, organisations that focus solely on cost are missing the big picture and they may actually end up spending much more money on their process than they save by finding or negotiating a cheaper product.
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MRO in focus
Recent research conducted by RS and the Chartered Institute of Procurement and Supply (CIPS) provided a snapshot of the major issues and trends that procurement professionals have noticed regarding indirect procurement.
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Making change easy
RS’s Mike England explains how MRO suppliers can play a key role in evolving your MRO procurement strategy to keep up with changing trends and technology.
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Why changing your MRO strategy will benefit your bottom line
Indirect procurement, and the processes connected to MRO purchases, is changing – what will these changes mean, and how will they impact long-term costs?
"The long-term solution is for businesses to move away from reactive, unplanned maintenance and take that brave step towards predictive, planned maintenance", Mike England, Managing Director for Northern Europe, RS
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MRO procurement is changing. Don’t get left behind
With rapidly evolving technology set to dramatically impact the indirect procurement supply chain, procurement teams need to stay ahead of the curve to avoid drifting into obscurity
Blockbuster, MySpace, Kodak, Blackberry – names that were once at the forefront of their respective industries that didn’t move with the times and have stagnated or, in Blockbuster’s case, disappeared altogether. The common theme among these businesses was a failure to adapt to change – whether it was changing customer demands or new technology changing the marketplace.
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Preparing for change: The evolution of MRO Procurement
In this white paper RS & CIPS analyse research conducted with procurement professionals on the challenges of indirect procurement and MRO supplies. Expert opinion is provided explaining what the findings mean for business and how MRO strategies are going to need to adapt to change in a rapidly evolving environment.
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Switching onto eProcurement
CIPS Sheena Donaldson explains why making the investment into a digital purchasing system helps reduce the risk within your organisation by providing transparency and helping reduce maverick spend.
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The Robots are Coming ... Embrace it
As UK manufacturing begins to embrace the fourth industrial revolution, robots are set to play a key role in improving productivity across the sector.
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Knowledge Economy
Embracing social media: This anecdotal evidence is not the only sign things are changing, that procurement professionals are, albeit slowly, beginning to embrace social media and digital technologies to improve procurement processes, collaboration, risk and exception management, R&D, innovation and CPD.
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Why safety is the number one priority in Manufacturing
Workplace accidents can be devastating to manufacturers, so a sensible safety strategy and collaborative relationship with suppliers is essential
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Taking the pain out of exporting
Sending MRO parts and tools outside the UK can be difficult, both in terms of logistics and compliance. But by working with a global supplier it’s possible to outsource the complexity.
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De-risking the global supply chain
Supply chain risk is an incredibly important area of business – this is because most companies have global supply chains that they rely on to transport products to and from other parts of the world. RS’s Charlie Jenkinson reveals the biggest risks and explains how working with the right supplier can help businesses to avoid them.
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Removing hidden costs from the NHS
A glance at any daily newspaper will tell you that the NHS is under severe budgetary pressure, often with tensions between employees and the government as a collective solution to paying for the nation's long-term healthcare is sought. With most NHS trusts facing a funding deficit, there is an urgent need for cost efficiencies.
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Supply Management - RS sponsored industrial procurement survey findings
A recent survey of procurement professionals conducted by RS Components via Management Insider magazine provides an interesting snapshot into the issues facing the profession. When asked what was the most important issue they faced, 43% of respondents stated that they wanted to “simplify the end-to-end procurement process” – the most common response received.
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The future of industry 4.0
The Internet of Things continues to grow and influence a greater number of businesses, this article takes an in-depth look at the practical uses for the Internet of Things.
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Complexity conceals potential cost savings
This white paper outlines the three key methods of unravelling MRO complexity by focusing on involving all relevant stakeholders, analysing consumption data and accurately tracking any savings achieved.
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