George Krauter
George Krauter is the originator of the concept that became known as integrated supply and co-founder of the first integrated supply company in the U.S., Industrial Systems Associates. He is vice president of public relations for Storeroom Solutions in Radnor, Pa.
MRO & MORELink This | Email This | Comments (0) If they don’t go out the door…Attempts to study the effects of labor on a total cost of ownership (TCO) analysis of MRO costs are inhibited by the inability to associate parts of people’s time to that cost. A company recognizes that there are potential cost recovery opportunities for MRO parts by hiring a third party that has a total focus on indirect materials storeroom management. The company’s focus is... MoreLink This | Email This | Comments (11) The definition of insanity…or the emperor has no clothesAlbert Einstein is attributed with saying that the definition of insanity is, “doing the same thing over and over and expecting different results.” If you shoot pool with a garden hose and you can’t put a ball in a pocket, do you continue with the hose or find another cue stick? Do you continue to look in the mail box for your mail during your lunch time when the mail... MoreLink This | Email This | Comments (1) Time and the savings dilemma; where is purchasing?As VP of operations, “Jim” is responsible for production output as well as P&L (profit and loss) goals. Production is running near capacity and, with it, the inherent problems of people and asset performance. In addition, senior management has asked Jim to take out a substantial amount of dollars from his operating budget.As Jim looked for ways to trim his operating budget,... MoreLink This | Email This | Comments (4) Bad descriptions. Bad decisions. High costs.The world of MRO is replete with holes, errors and uncontrolled costs (not just price). One example is the condition of product descriptions. It is rare that a company’s SKU (stock keeping unit) listing has complete descriptions; most are missing one or more important attributes. In an effort to reduce cost, the purchasing group will put together a Request for Quote (RFQ) for... MoreLink This | Email This | Comments (2) Let's run our own cafeteriaWe want to run our own cafeteria. Okay, we need to hire cooks, busboys and buyers. We need to buy equipment and contract with food service suppliers. We could even issue a market basket and have food service companies give us their prices on lettuce, hamburgers, pizza, etc.Well, maybe not. Let’s hire an expert who knows how to run a cafeteria. We can check on quality and consumption but... More |
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