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Inventory and Materials Management

Home » Consulting & Engineering » Asset Integrity Management » Inventory and Materials Management

Accurate, up-to-date materials management is essential for safeguarding your business integrity and ensuring that critical equipment is kept running. Without expert guidance in this area, you risk unnecessary costs involved with holding Maintenance Repair and Overhaul (MRO) inventory spare parts.

ABL’s proven inventory management consulting services are designed to save you money, boost productivity, and minimise equipment downtime. Our bespoke solutions for materials management are built around your organization’s specific needs, and our team will work with you to establish a future-proofed plan of action.

Our expert consultants use our bespoke inventory management software – including AssetVoice™, Effio™ and ePAV™ – to offer clients end-to-end processes and solutions tailored for specific MRO inventory management requirements. This enables you to unlock significant time savings and financial benefits.

Peter Adam

Peter Adam

Group MD – Asset and Integrity Management

Our inventory and materials management solutions

We work with you to develop a truly bespoke solution for materials management, which includes using specialised Bill of Materials (BoM) software, forecasting your inventory, and conducting warehouse audits.

Our approach can be broken down into two categories: 

MRO inventory management

  • Repair and sparing strategies
  • Material Mastering, cataloguing, data standardisation, cleansing and enrichment
  • Equipment Bill of Materials (BoMs) audits and benchmarking analysis
  • Equipment BoMs development and enrichment
  • Preventative Maintenance Materials assignment
  • Critical Spare Parts identification
  • Spare Part Interchangeability List (SPIL) review and assessment
  • Min/Max reordering parameter optimisation
  • MRO inventory forecasting
  • MRO Inventory Preservation Maintenance strategies
  • Obsolescence identification
  • Management of Rental/Temporary Equipment

Warehouse and logistics

  • MRO Inventory audit, stock count and verification
  • Warehouse audit and assessment
  • MRO Inventory rationalisation studies
  • RFID Asset and MRO inventory tracking
  • Management of Change (MoC) software

Our bespoke inventory management software solutions

Build, enrich and optimise master data

Effio™ is our bespoke master data optimisation software, which is compatible with any EAM, CMMS or APM and allows us to be more efficient with our client’s materials management data in a controlled, optimised and collaborative working environment.

Track, monitor and manage assets

AssetVoice™ is our automated MoC software which uses digital tracking technologies (RFID, NFC and barcodes) to allow our clients to track, monitor, manage their assets and MRO inventory in a fully customised manner reducing workload, increasing efficiencies and cutting costs.

Gather, verify and audit MRO inventory data

Our ePAV™ application can be used to complete:

  • MRO Inventory and warehouse audits
  • Equipment name plate data gathering
  • MRO Inventory stock counts and verification
  • MRO Inventory spare part material cataloguing attribute data gathering

The value our inventory management solutions bring

Inventory management consulting can have a tangible, long-term effect on your organization that stretches across the entirety of your network. Our service offering will help you to:

Our proven results

Our materials management solutions have been proven to minimise business risk and unlock significant cost savings and efficiencies for our global clients across multiple industries.

$17M

Saved on average for procurement spend per client

$19M

60%

“By having up-to-date and accurate maintenance BoMs, the maintenance team can efficiently identify the right spare parts, with the correct specifications to execute the maintenance tasks. This has helped reduce equipment outage time, backlog, and expenditure associated with part sourcing.”

Maintenance Director, International Energy Company

By filling in the form below, you can speak to one of our experts to learn more about our solutions, request a quote or book a software demonstration.

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