Inventory Management With IBM Maximo®️

In this video, Matt Boehne explores how IBM Maximo®️can optimize inventory management, addressing challenges like outsourcing, just-in-time inventory, and spare parts forecasting. He discusses vendor lead times, obsolete parts management, and step-by-step strategies for reducing inventory costs while ensuring maintenance efficiency. Stay tuned for expert insights on maximizing cost savings with IBM Maximo®️. Don’t forget to like, comment, and subscribe! 0:00 - Introduction to IBM Maximo®️ for Inventory Management 0:10 - Challenges of Outsourcing Inventory Management 0:39 - Importance of Just-in-Time Inventory 1:18 - Understanding Assets and Spare Parts Needs 2:30 - Failure History and Spare Parts Forecasting 3:00 - Vendor Lead Times and Inventory Optimization 3:42 - Managing Obsolete Spare Parts 4:50 - Step-by-Step Approach to Inventory Reduction 5:30 - Cost Savings from Inventory Reduction 5:52 - How Maximo Integrates with Maintenance Needs 6:00 - Conclusion and Call to Action #IBMMAXIMO #InventoryManagement #EnterpriseSolutions #MaximoTips #SupplyChain #BusinessOptimization #TechSolutions #MattBoehne Want to learn if IBM Maximo®️ is a fit for your organization? Complete a quick value assessment with us today and speak directly to one of our Maximo experts! ➡️ https://info.banetti.com/connect/ __ Like & Subscribe To Banetti's Youtube Channel:    / @banetti   Follow Banetti On LinkedIn:   / banetti-inc   Read Weekly EAM, Maintenance & Reliability Articles: https://info.banetti.com/