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.