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Showing posts from January, 2023

Reasons To Have MRO Procurement Strategy In Place That Adds Up To Concrete Savings

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Paragon helps a company figure out the most cost-effective way to purchase the supplies its needs for daily operations and on-going repairs. The right combination of technology and process rigor is what has really enabled our success in this space. Every organization is looking at ways to intelligently reduce costs – without creating an undesirable level of risk. One of the key focus areas in MRO cost reduction is always procurement and inventory cost reduction, where opportunities for optimization exist in virtually every company. It’s only a question of whether you can actually identify them, how well and quickly you uncover them and how fast you can implement the changes that can deliver tangible savings. As the area covers a significant number of products and materials, measurement and price validation can become challenging, especially if your supplier’s pricing methodologies are not transparent — and that is where Paragon Result’s MRO procurement strategy can assist you. Whether...