What is MRO Procurement or Purchasing?
Maintenance, repair and operations, or MRO, is a key part of indirect spending (which the industry refers to as “indirect spend”). It includes items required for the day-to-day running of a business, such as office supplies, computers, cleaning supplies and essential repairs, which are vital to the smooth running of the business.
A wide range of technical products, many suppliers and a lack of spend visibility are some of the key challenges in MRO procurement. Although procurement has traditionally focused on managing direct spend, MRO is gaining increasing attention as businesses continue to look for ways to reduce costs and enhance savings. Continue reading about GEP’s MRO procurement outsourcing services.
World's Leading, Unified Source-to-Pay Platform for Direct and Indirect Spend Management
GEP SMART is an AI-powered, cloud-native source-to-pay platform for direct and indirect procurement. GEP SMART offers comprehensive source-to-pay functionality in one user-friendly platform, inclusive of spend analysis, sourcing, contract management, supplier management, procure-to-pay, savings project management and savings tracking, invoicing and other related functionalities.
Next-Gen, End-to-End Supply Chain Management Platform for the Connected Enterprise
GEP NEXXE is a unified and comprehensive supply chain platform that provides end-to-end planning, visibility, execution and collaboration capabilities for today’s complex, global supply chains. Built on a foundation of data, artificial intelligence and cognitive technologies, GEP NEXXE helps enterprises digitally transform their supply chains and turn them into a competitive advantage.
