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Published in:
2012 | OriginalPaper | Chapter
MRO Procurement: Best Practices Framework for Capital Equipment
Author : Ananda S. Jeeva
Published in: Contemporary Issues in Mining
Publisher: Palgrave Macmillan UK
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Maintenance, Repair and Operations (MRO) is a critical activity in capital equipment maintenance that helps organisations reduce operational cost, reduce waste, reduce risks, increase reliability, eliminate production downtime and increase competitiveness. MRO may be defined as ‘maintenance parts and components that are used in the production process to produce the finished product’. Many firms make an initial expensive purchase of plant and equipment, such as mining plant equipment and manufacturing production plant, which have a long operational life. Other operating plants for rail locomotives and wagons have an operational life span of four to five decades. To sustain the operational capability of these plant and equipment parts, components and sub-assemblies must be continuously available throughout their life span. Therefore procurement personnel must ensure that they are able to source and procure the correct parts and components when required, and also ensure its future availability when necessary.