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Many managers in asset-intensive industries like energy, utilities or process manufacturing, perform a delicate high-wire act when managing inventory. Finding the right balance becomes crucial for helping ensure the success of maintenance, repair and operations (MRO) initiatives, specifically the spare parts that support them.
To achieve this, energy companies have built complex partnership ecosystems with technology companies, automotive manufacturers and power generators – all geared to empower the omnisumer. As energy has moved from commodity to service, the market has become segmented by price preference.
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