Advantages And Disadvantages Of MRO Supply Chain

Supply management can be studied as both an instant field of practice and forming academic domain (Storey, Emberson, Godsell, & Harrison, 2006). It was eventually about influencing behavior in particular directions and in particular ways. The fundamental logics, drivers, enablers and barriers asset and exact close attention in supply management. Manufacturers, retailers, suppliers, and wholesalers are the members in supply chain. Supply chain management (SCM) is normally applying in integrated wholesaling and retail businesses (Wisner & Tan, 2000). SCM is comprehensiveness with logistics and physical distribution functions with reducing lead time of delivery. It is a comprehensive philosophy intent on management’s purpose to sustain or establish competitiveness in a quickly growing environment, through more able distribution, and purchasing activities (Cooper & Ellram, 1993; Giunipero &

1. Material Master contains descriptions of all materials that an enterprise procures, produces, keeps in stock and sell; it is the basic building block of all supply chain management activity and also the central repository of material information for the company.

The economy of India is the tenth-largest economy in the world by official GDP (Gross domestic product) of $2.047 trillion and the third-largest economy by PPP (Purchasing power parity) of $7.277 trillion retrieved on October 8, 2014 from the IMF (International monetary fund). India is one of the G-20 major economics, a member of BRICS and a developing economy that is among the top 20 global traders according to the WTO (World trade organization) with a GDP growth of 4.7% in 2013 and an estimated growth of 5.6% in 2014. India was the 19th-largest merchandise and the 6th largest services exporter in the world in 2013 with exports of software, petrochemicals, agricultureproducts, engineering goo, transportation

Of all the noteworthy elements of logistics support, maintenance planning tends to be the one element that has the greatest influence on the other support elements as well as on the actual design of the end item. It is imperative that the user identifies a maintenance concept as soon as possible, preferably in the conceptual study phase, and that the acquisition community scrutinizes the concept for feasibility and affordability.

It is critical for any organization or business to seriously analyze and implement maintenance, repair and operations (MRO) goods and services that will help the company achieve it organizational goals. Johnson, Leenders, & Flynn (2010) explain "Identifying and streamlining key business processes to reduce costs, grow revenues, and manage assets represents an opportunity in most organizations" (p. 77). This is important when applying the concept to maintenance, repair and operations (MRO) goods and services for any company or organization. Scott Singer (as cited in Avery, 2009) tells us "You want a superior unit

India is expected to grow to 65% by 2030.7 This trend results in the increased consumption

Support/maintenance plans need to be put into place to reduce any problems with equipment and any unplanned production

2.7. Maintenance — The BCM capabilities and documentation must be maintained to ensure that they remain effective and aligned with business priorities. Bob Inc.’s IT Management reinforced this component is part of the BCP/DR.

Maintenance - Systems and products should be monitored and periodic maintenance performed to evaluate that the system and security are up to

Inventory management: Operations managers need to be able to forecast what will be needed and by when. Also, accurate documentation and locations of inventory should be made readily available to

|industry too. It has transformed India, created pride in being Indian and given the much needed respect to our passport globally. Including |

* Must implement a good logistics program within the company to put in place just-in-time therefore leading to a decrease in the cost since price of goods constituted only 39% of the total cost

Supply chains represent the procurement, production and distribution activities of an organisation. Within a supply chain, these activities are viewed as linked and reliant on one another to produce the final outcome. It is believed that if one component of the chain fails, the whole chain is broken and product/service delivery goals will not be achieved.

From April to June 2005, India’s GDP grew at 8.1 per cent, compared with 7.6 per cent in the same period the year before. More impressively, India is achieving this result with just half of China’s level of domestic investment in new factories and equipment, and only 10 per cent of China’s foreign direct investment…

DIMCO may gain many advantages by implementing supply management chain. Implementing SCM can reduce problems within the company’s internal functions, external suppliers, and external distributors. Some advantages DIMCO can gain from implementing SCM are as follows; the supply chain would improve the quality of service to the end user; reduce channel cost; and create a competitive advantage. (Reid & Sanders, 2010) The implementations of SCM will strengthen DIMCO partnership with suppliers and distributors. Supply chain management can also prevent such challenges such as the bullwhip effect, caused by erratic replenishment of orders placed on different levels in the supply chain that have no apparent link to final product demand. (Reid & Sanders, 2010) An effective and efficient SCM will allow partners to share information concerning health, safety, government regulations and environmental issues. SCM will provide a common network for communications, suggestions, and feedback. This will assist DIMCO in meeting the need of customers quickly and in an efficient manner. Overall, SCM would assist in