#United States #Peoria, Illinois #Advanced Technology Services #Verusen #MRO Asset Management

Introduction

In the dynamic realm of industrial operations, maintaining efficiency and minimizing costs are paramount for businesses striving for success. Recognizing this challenge, Advanced Technology Services, Inc. (ATS) has forged a strategic alliance with Verusen, a leader in Supply Chain Intelligence. This collaboration aims to harness the power of artificial intelligence to optimize Maintenance, Repair, and Operations (MRO) asset management, ultimately enhancing operational efficiency and cost-effectiveness.

The Strength of Collaboration

ATS has a rich history of providing technological solutions that empower factories to function more effectively. By marrying its extensive experience in industrial maintenance with Verusen's advanced AI capabilities, this partnership is set to revolutionize how manufacturers approach MRO asset management. Jeff Owens, CEO of ATS, emphasizes that this partnership enhances their commitment to ensuring the right parts are readily available to maximize uptime.

Key Benefits of the Partnership

1. Streamlined Operations: The collaboration successfully integrates Verusen's AI platform into ATS's storeroom management and maintenance processes. This integration allows manufacturers to unify their data across various systems and teams, simplifying operational processes and improving decision-making.

2. Cost Optimization: Manufacturers can utilize actionable insights derived from the AI-driven system. By analyzing purchase history and parts criticality, they can continuously refine their MRO inventory, balancing cost savings from reduced excess with risk management to prevent stockouts. This approach has demonstrated an average reduction of 14.9% in working capital and a 2.8% increase in operational uptime.

3. Enhanced Reliability: Through improved materials management practices, ATS ensures that critical parts are available when needed, directly reducing factory downtime. This proactive approach helps to maximize productivity across manufacturing facilities.

Scott Matthews, Verusen’s CEO, highlights that MRO inventory management can be challenging, especially when data is dispersed across multiple systems. The unified approach offered by this partnership addresses these challenges head-on, aiming to resolve inventory management issues for manufacturers.

The Role of Artificial Intelligence in MRO

Artificial intelligence has significantly transformed various industries, and MRO asset management is no exception. By enabling manufacturers to analyze MRO data holistically, AI facilitates superior forecasting and decision-making. As various manufacturing teams collaborate within a singular integrated system, the potential for improving operational processes increases dramatically.

Conclusion

The collaboration between Advanced Technology Services and Verusen marks a significant advancement in the industrial maintenance sector. By leveraging AI for effective MRO asset management, manufacturers are not only able to optimize costs but also enhance overall productivity. For more information on how AI-powered MRO asset management can benefit operations, visit ATS's website.

About Advanced Technology Services

Headquartered in Peoria, Illinois, Advanced Technology Services has been at the forefront of industrial maintenance since 1985. With over 1,400 customer manufacturing sites under their belt, ATS delivers comprehensive solutions driven by technology, safety, and expertise. Learn more at www.advancedtech.com.

About Verusen

Based in Atlanta, Verusen is notable for its innovative contributions to Supply Chain Intelligence, focusing on optimizing MRO inventory and materials management through AI. The company empowers manufacturers to refine their supply chain strategies while ensuring production uptime. Discover more at verusen.com.