THE 7 INSIGHTS
EVERY CPO SHOULD KNOW
Insight 7: Codifying Tribal Knowledge
Tradesmanship is in limited supply, and the portion of the labor market available to fill these open positions is getting smaller and smaller.
Responding to a Shift in the Workforce
An effective MRO strategy meets the objectives of the Boardroom and the plants, and offers a good opportunity for suppliers as well. For example, Tenzing worked with a $7B+ company that had over 60 operations on 3 continents. We reduced their vendor complexity from thousands to less than a dozen, reduced PPV in excess of 3%, and lined up Continuous Improvement worth at least 10% of MRO purchases annually for the next 3 years.
Tenzing can integrate great practices and form solid partnerships… equal in merit to those in place on the direct spend side.