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Storeroom Solutions, Inc. (SSI) is an established company at the forefront of a new industry that is experiencing rapidly growing customer acceptance. Top management in large industrial facilities is struggling with the major issue of how to increase plant uptime, and thereby increase asset productivity. Coupled with this issue is the concern of how to shift their culture to preventive maintenance (fix it before it breaks) from corrective maintenance (fix it after it breaks). SSI provides a comprehensive service to manage in-plant repair parts inventory, typically called Maintenance, Repair and Operating (MRO) supplies. A large industrial facility will keep on-hand, in the plant, a supply of critical parts (e.g. bearings or belts) so that if a machine failure occurs, the plant can repair the machine quickly, and keep producing their product. While these parts and their availability are critical to the uptime of the facility, plant management often view them as a liability, and an area where the opportunities to improve are substantial. Storeroom Solutions adds value to its customer’s operation in many ways, but primarily by managing MRO materials effectively with high availability. This has a direct effect on maintenance labor productivity and plant uptime. It also adds value by reducing the total cost of ownership of their inventory of MRO materials. Savings result from their ability to purchase the same items for a lower price, typically 20-30% lower. SSI’s services include the procurement, receipt and issue of MRO supplies, as well as the inventory management and ownership of those supplies. Since 1982, we have been helping growing companies expand their credit facilities to provide capital for growth, lower their weighted average cost of capital, and avoid premature ownership dilution. We have considerable experience with companies involved with transportation, warehousing and distribution, supply chain management, and related information technology. |
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