Many years ago in a galaxy far away, I actually sold an MRO software solution to one of my clients. Fortunately, I left that position to become a senior editor at Control Engineering magazine never learning how it all worked out.
This news concerns a partnership between an MRO software supplier and a services provider said to deliver “technology technology-drive solutions.”
- Verusen and Advanced Technology Services (ATS) Expand Partnership
- Companies leverage expertise in MRO Supply Chain optimization technology to drive a more efficient, data-driven future
- Partnership empowers tire & rubber company to achieve significant MRO inventory optimization across its North American Plants
Verusen, the industry leader driving AI MRO (maintenance, repair, and operations) supply chain and inventory optimization, announced it has expanded its strategic partnership with Advanced Technology Services, Inc. (ATS), a leading industrial maintenance, technology and parts services provider. The collaboration integrates Verusen’s AI platform with ATS’s deep industrial maintenance and reliability expertise to deliver technology-driven solutions for manufacturers. Today’s news builds on the recent announcement that ATS is now a strategic partner of Verusen’s AI-driven platform in North America. The partnership expands the companies’ reach and ability to assist manufacturers in optimizing demand forecasting and inventory management across their MRO supply chains.
The collaboration’s success is exemplified by its impact on a joint tire and rubber customer, which has realized $10M+ cost reductions through MRO inventory optimization across its North American Plants. This achievement underscores the practical value and significant opportunity the Verusen and ATS offering provides.
The Verusen and ATS Partnership Addresses Key Elements of MRO to drive cost savings and inventory optimization through the following:
- Supplier Tail-spend Management: Negotiating favorable pricing and lead times with reliable strategic suppliers.
- Network Inventory Visibility: Using more robust, AI-driven inventory tracking to monitor real-time stock levels.
- Predictive Maintenance: Using data analytics to predict potential equipment failures and proactively order spare parts.
Verusen’s platform is designed to optimize Maintenance, Repair, and Operations (MRO) inventory management using artificial intelligence, helping businesses streamline their supply chain by providing insights and recommendations based on their MRO data across different systems, ultimately ensuring the right materials are available when needed to minimize downtime and operational disruptions.
