MRO Procurement: Best Practices Framework for Capital Equipment

Ananda S. Jeeva

Chapter 4 in Contemporary Issues in Mining, 2012, pp 69-79 from Palgrave Macmillan

Abstract: Abstract 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.

Date: 2012
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-02580-7_5

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137025807

DOI: 10.1057/9781137025807_5

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().