Mathematics for Management and Finance / Edition 8: Stephen Pinyee Shao, Stephen P. Shao, Stephen Shao: 0538870990: 9780538870993

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Title: Mathematics for Management and Finance / Edition 8
Author: Stephen Pinyee Shao, Stephen P. Shao, Stephen Shao
ISBN-10: 0538870990
ISBN-13: 9780538870993

Strategic MRO: A Roadmap for Transforming Assets into Competitive Advantage combines the concepts of enterprise asset management and the associated maintenance, repair, and operating/overhaul (MRO) materials supply chain. It introduces the breakthrough Demand Supply Compression (DSC) methodology, which guides an organization’s thinking and doing as it seeks performance improvement. Like Lean, DSC provides a practical path forward by changing a mind frame and the way in which work is performed. Focused on achieving a future perfect and guided by meaningful principles, organizations will learn to apply compression strategies to drive out waste, time, and non-value adding activities from their strategic MRO practices. Strategic MRO utilizes case studies from a wide variety of businesses to demonstrate strategic MRO practices and implementation — It can be successfully applied to any business where maximizing return on assets is critical to success. This is much more than a maintenance management or supply chain book because it encompasses both asset management and supply chain practices — Strategic MRO will transform your assets into a strategic advantage.