Dave Milner, Wildeck’s Vice President of Sales and Marketing, shared his expertise and insights on maintenance, repair and operations (MRO) inventory management for an article in the February issue of Industrial Equipment News (IEN), a bi-monthly print publication that serves the industrial sector with the latest news and information on products, components and equipment.
Companies spend a massive $110 billion annually, $12 billion of which never gets used, according to a 2011 study. That’s a huge amount of money that’s simply wasted and never recouped.
The IEN story titled: New Year’s Resolution: Tackling Your MRO Inventory Issues, seeks out advice from industry experts on what industrial-based businesses can do to better manage their inventory.
Milner stresses companies developing a proper approach to storage as a first step to regaining control of their inventory.
“That’s why we recommend establishing a storage space with good visibility,” he says in the article. “Using equipment like mezzanines and lifts allows you to optimize your footprint without burying your inventory in out-of-the-way places where it could be lost or unused. Strategically placed industrial strength guard rail protects your investments in people and property, ensuring that your facility stays fully operational.”
Wildeck is affiliated with several industry leading organizations, including MHEDA, MHI, SMA, ProGMA, CSS/VRC and NAEC. Wildeck and its products are strong, adaptable, efficient and trustworthy; the company is built on service and products that have been proven their worth over time. Its team of employee-owners have the knowledge and industry experience needed to design a material handling/safety system that meets customers’ specific needs. Wildeck products are sold through distributors, which provide the local presence, on-site skills and responsive service that customers require.
To learn more about how Wildeck’s mezzanines and vertical reciprocating conveyors (VRCs) can help your business gain an advantage on your inventory, click here.