MRO inventory stands for maintenance, repair, and operation inventory. This classification includes all the supplies a business needs for its production process that do not become part of an end product.
MRO inventory is often overlooked because it doesn’t generate revenue—at least not directly. But as you’ll see in this article, mismanaging MRO inventory can disrupt your supply chain and be detrimental to your bottom line.
Let’s take a deeper dive into MRO inventory and how you can optimize it to gain a competitive advantage.