Manufacturing companies often have multiple sites spread across large geographic regions, each with thousands of maintenance, repair and operations (MRO) spare parts on hand to keep operations running. In such large organizations, several different employees enter items into various enterprise asset management (EAM) systems at each site, with little or no standard guidelines, and often in multiple languages.
Over time, this lack of standardization causes material data to drift and become inconsistent and inaccurate, resulting in many negative effects that can be felt throughout all units of the business. Creating an effective and organized system to manage and lookup MRO materials helps to reduce costs associated with labor hours spent looking for spare parts, purchasing of unnecessary parts, or excessive downtime.
It’s important to educate staff on the importance of master data management best practices to ensure accurate MRO data. Stage gating, standard abbreviations, and data processing rules helps to prevent inaccuracies in your EAM system.