Why Net Results Group?

Equipped with our powerful MRO3i™ technology platform, we combine advanced technology with project leaders, consulting experts, coaching, analyst services and master data capabilities to help you monitor a wide range of materials, spares and inventory variables across every stock item.

Our decision support capabilities help you:

  • Create all the correct spare parts definitions, standardizations and identifications;
  • Easily make necessary adjustments to inventory information;
  • Speedily associate spare parts to assets;
  • Establish item criticality codes along with supplier management and maintenance effectiveness.

All this can be accomplished on an ongoing basis.

Solutions

  • Assessments

    Net Results Group will perform a complex analysis of your MRO data and processes in order to determine the root cause of any issues, develop an effective and efficient implementation plan that is customized for your organization, and creates a complete business plan with ROI.  Our goal is to help you reduce inventory values, reduce annual spend, and improve productivity in both the storeroom and maintenance areas through better MRO processes starting with the data.

  • Walk Downs

    MRO storerooms often require identification of parts and cataloguing their data attributes for various reasons, but mainly to help identify the item in the system correctly and to ensure accuracy of the part’s specifications.  We perform this with ease using our MRO3i cloud based tablet tool supported with millions of validated parts in our database.   

    Also, walk downs are necessary to convert parts from one EAM system to another with accuracy as well.   Our proven processes have shown a complete effective solution for identifying and validating your expensive inventory.

    Walk downs also include assignment of criticality and other inventory related information such as quantity on hand. 

  • Bill of Material

    Our MRO3i tool is an effective method to create bill of materials (BOM’s) to associate parts to assets.  MRO3i provides various methods for accomplishing this, either through the “where used” methodology, or by evaluating equipment and assets at their location and identifying the pats it uses from that perspective.   BOM’s provide critical information to ensure maintenance is getting the right part for that specific asset, which improves uptime and maintenance productivity.

  • Cleansing & Enhancement

    Net Results Group will standardize all your MRO parts and provide missing data specifications or attributes that are key to describing the material.   This is done through a systematized process using the MRO3i tool and database, along with customizing how you want to standardize to your specifications.   Net Results Group is totally agnostic on which EAM system you use, and have worked with all the major software systems, including JD Edwards, SAP, Maximo, etc.   

  • Governance

    Net Results Group doesn’t just create a plan and doesn’t just provide the implementation, we want to make sure that the quality of your data remains sustainable over time.  We evaluate the data governance processes you have in place and recommend any changes needed to sustain the quality over time.   Last thing we want to do is to return to the client and cleanse and enrich the data again. 

    In addition, MRO3i is offered as a subscription service to ensure that any new MRO item added to your catalogue is validated and standardized to your specifications.  This integration is very seamless to the client and adds value to their processes by ensuring data standards are monitored and met in accordance with company standards. 

  • Data standardization

    Data standardization is a quintessential practice in the world of MRO. Bad data leads to bad decisions as MRO items described inconsistently, inadequately, or incorrectly can lead to maintenance delays, production downtime, expedited shipments, duplicate item creations, excess stock, and unauthorized purchases. This problem is common to all industries and the solution is to clean, standardize and enrich existing data. Leading practices indicate that once data standardization is achieved, a structured catalog process must be implemented and adhered to. Catalog management enhances sustainability and data governance within an organization. Using the MRO3i™ application’s item profiler is the technology to quickly identify all parts with certainty, and populate any missing part attributes critical to ensure enriched data.

  • Asset Hierarchy Development

    Net Results Group’s MRO3i application and subject matter experts can ensure a successful and effective hierarchy development that meets your organization’s requirements:

    • A standardized taxonomy for the naming and classification of all levels of the asset hierarchy, ranging from the Business level, down to the maintainable item.
    • Establishment of a list of standard equipment classes and types defined appropriately. e.g. Pump, Centrifugal.
    • A list of required information for each asset by class and type.
    • Role specific access to data fields.  This will prevent staff from changing the data in the EAM system without proper authorization.
    • An equipment numbering system.

    Once these methods are established, the Asset Hierarchy development can begin.

    The standard hierarchy is broken down into seven to nine levels, depending on the industry and organization.  Using nine levels as an example:

    The first five levels represent a high-level categorization that relates to industries and plant application regardless of the equipment involved. The hierarchy is set up this way because equipment can be used in many different industries:

    • Level 1 – Industry (Natural Gas)
    • Level 2 – Business Category (Upstream)
    • Level 3 – Installation Category (Drilling)
    • Level 4 – Plant / Unit Category (Platform A2109B)
    • Level 5 – Section / System (Compression)

    Levels 6 to 9 are related to the equipment with further division diving deeper into the equipment in a parent-child relationship:

    • Level 6 – Equipment Class (Pump)
    • Level 7 – Subunit (Lubrication)
    • Level 8 – Maintainable Item (Gearbox)
    • Level 9 – Part (Bearing)

    In some cases there is no need to dive deeper than level 6, and in other instances, it is vital to dive down to the individual part level.  This distinction should be based on the needs of the organization, the level of reliability required and the ability of the organization to analyze and act on the data.  The higher levels of the hierarchy (levels 1-5) can be adjusted based on the industry of your organization.  However, those higher levels must standardize across the entire enterprise to realize the most benefits.

What people who have worked with us have to say

Our indirect item master had many issues. Bad data quality caused us to lose productivity and experience higher inventory values. Net Results Groups solutions helped us get back on the right track with better standards and methods for cleansing data, and they created a more efficient process to ensure we maintain the quality of our MRO data using their MRO3i tool for ongoing data governance. MRO3i is intuitive and easy to use.

SVP Corporate ProcurementProcess Manufacturing Company

My company wanted an asset hierarchy for its production facilities and establish an enterprise model at its largest location with multiple production buildings that can be used as the standard for the 27 other plant locations in the enterprise. We struggled to get this process working efficiently. NRG provided us with the expertise and the methodologies that we now use across the enterprise. NRG walked down the assets with our team of SME’s to create the hierarchies with a multitude of data using their MRO3i technology. This sped up the process and allowed us to then start creating equipment parts lists (BOM’s) for each equipment at the lowest level of the hierarchy. Because of NRG’s success with the development of the asset hierarchy, we engaged them to also work on the BOM’s.

VP Global Maintenance and EngineeringConsumer Products Manufacturer

We acquired several paper mills and box plants that had to be integrated into the corporate system. Integrating these operations into our enterprise required us to convert the acquired item master data from an antiquated enterprise system to our SAP enterprise system. We also wanted to avoid creating duplicate data between the two item masters. NRG’s team came onsite with their MRO3i tool to accelerate this process for us and meet the “go live” deadline for the new mills. During this process, we realized we had an outdated taxonomy of noun modifier templates to help standardize the data. Net Results Group their library of over 5,000 new templates to ensure we met ISO standards required by our corporation to give us a competitive advantage and lowering the cost per part for our inventory.

Chief Procurement OfficerPaper and Packaging Company

My company invested approximately $60 million in new equipment at three plants and needed to identify the required parts list for each of the equipment items to make sure they were added to our item master before the equipment went live. We had to establish critical spares identification for the parts and make smart decisions on what items to maintain in inventory. Net Results Group’s experts using their MRO3i technology created these parts list faster than we could have done. They also trimmed down the equipment manufacturer’s suggested list which was overkill. NRG also helped us avoid duplication by identifying items we already had in our item master. We saved money by not overbuying, and kept inventory values lower, with the right min/max levels for the applicable parts. NRG used its library of parts information to cross reference the manufacturer’s OEM items to a commercial equivalent spare, which lowered spend. NRG did a great job for us in many facets.

SVP ManufacturingBuilding Products Company

Please reach out to us to start a conversation.

You’ll be surprised how quickly we can uncover savings.