Supplier managed inventories can result in major savings by contracting with the supplier to manage,stock and operate MRO,tools,office supplies and other support material.

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Supplier managed inventories can lead to significant savings as the supplier takes on the responsibility of managing, stocking, and operating MRO (maintenance, repair, and operation) supplies, tools, office supplies, and other support material. This can lead to reduced overhead costs for the purchasing company as they no longer have to allocate resources towards managing inventory. Additionally, the supplier can use their expertise in inventory management to optimize inventory levels and reduce the risk of stockouts or excess inventory.

Supplier Managed Inventories Can Result in Major Savings by Contracting