Up to 50% of MRO inventory items are inactive for more than 12 months, resulting in inefficient usage of space and lost savings. But inventory management doesn't have to be that way! Improve the way you manage your inventory and lower costs, speed up fulfillment, and provide comprehensive reporting as we take a look at three approaches to effectively manage your MRO supplies.

Most businesses have a pretty good handle on their high-level processes, however they do not have a good understanding of all the costs associated with procuring MRO inventory. Theses inventory management solutions can help you save time, space, and money while making sure your facilities are safe and running efficiently.

Blockchain is a hot topic at the moment. It's disruptive. It's accelerating. But how many of us can truly say we know what blockchain actually is?

MRO distributors are changing the way they operate. By expanding their product line, they are diversifying their portfolios and blurring the traditional lines between their businesses.

In our recent whitepaper entitled Keys to Success in Conducting a Request for Proposal Process, we covered the full range of activities in the Request for Proposal (RFP) process including negotiations. Now we'll dives further into the negotiations process, quite possibly the most critical step towards creating successful supplier relationships.

A new supplier has joined the CoVest team! Find out more about our new supplier and what you can expect from the category deal structure.

Choosing a light bulb is no longer a simple task. Each bulb has its own defining features and depending on if you want to drastically reduce your electricity bill or if you're environmentally conscious, your choice of bulb can differ greatly. Understanding the differences between incandescent, compact fluorescent (CFL), and light-emitting diode (LED) light bulbs will make your decision that much easier.