Entec International procure and distribute engineering spare parts and sundry items across a wide range of product categories on behalf of large manufacturers in order to service their MRO requirements.
Maintenance Repair Operations (MRO - defined as the minor capital and spare parts items, of either inventory or non inventory nature, required to ensure the timely maintenance and repair of production, packaging, and utilities plant).
The core value proposal of Entec International is to reduce its customer’s direct and indirect expenditure across the MRO category in three simple waves.
1. Data clarity – enabling a common referencing process for all spares, which delivers visibility through: true part number and description to an agreed industry standard. (UNSPSC, ECAT, etc).
2. Spend leverage – having provided visibility to a sub category level Entec can then leverage groups global/regional and local spend through economies of scale. Setting up strategic alliances with suppliers who will agree exceptional service levels.
Improved inventory levels – Data clarity and spend management delivers a true picture of min/max levels, required by the operations to efficiently manage maintenance, and enables the group to develop regional/global inventory sharing opportunities, further driving down cost and improving working capital.
Industry statistics state that procurement departments spend a disproportionate 80% of their time sourcing products which account for only 20% of their total capital expenditure. This equates to significantly inflated process costs associated with the purchasing function. The reduction of these costs is linked directly to the substitution of in house procurement operations for the fully outsourced or collaborative services provided by Entec International.