From MRO Inventory Management to Predictive Maintenance and Beyond

Our guest, Ravi Venkatraman is the CEO and President of Hamiltonian Systems. A technologist and entrepreneur with 30 years of experience,  Ravi’s latest focus has been solving complex business problems in data management and MRO supply chains using Machine Learning and Artificial Intelligence. In this episode, Ravi and Bruce discuss: What MRO is, its five main cost centers and why it’s important. Why MRO inventory management is often overlooked and the value that can be discovered there. Predictive maintenance in the context of the “M” in MRO. How long it takes to typically develop a useful predictive maintenance model and how considering all of MRO can improve the quality of predictive maintenance models. A case study quantifying the early value of MRO inventory control can have on working capital. Related links you may find useful: Season 2: Episodes and show notes Season 2 book: The Private Equity Digital Operating Partner Season 1: Episodes and show notes Season 1 book: IoT Inc Training: Smart digital transformation certification

Om Podcasten

This talk show is about the next big thing in value creation. It is for fund managers and corporate leadership investigating smart digital transformation for their companies, and for service providers, subject matter experts and vendors wanting to broaden their digital skills. Although the show’s focused on value creation in the context of private equity, it’s sector agnostic and can get pretty geeky, digging into IoT, data science (analytics & ML) and other high technology. At a high level, the show is about how to frame the digital investment thesis and how to execute it. Your host, Bruce Sinclair, is an ex-PE operating partner who has written the best-selling books, The Private Equity Digital Operating Partner and IoT Inc, and has certified thousands of professionals with his ICIP program and LinkedIn Learning courses. Season 1 of this show was called, The IoT Inc Business Show.