Advanced Technology Services (ATS) Partners with Verusen to Drive Greater Operational Efficiencies & Cost Savings in MRO Asset Management

PEORIA, Ill., Feb. 25, 2025 /PRNewswire/ -- Advanced Technology Services, Inc. (ATS) has entered into a strategic partnership with Verusen, combining ATS's deep expertise in industrial maintenance, asset management, and reliability with Verusen's purpose-built, AI platform. This collaboration is designed to help manufacturers optimize MRO asset management while driving greater operational efficiencies and cost savings.

Leveraging advanced data science and artificial intelligence capabilities, manufacturers can integrate and analyze MRO data across teams, facilities, or systems, improving the accuracy of their forecasting and decision-making. This unified approach allows customers to gain clearer visibility into their inventory levels, reduce inefficiencies, and enable data-driven decisions that drive measurable improvements.

"ATS has a long history of providing actionable, technology-driven solutions that enable factories to run better and smarter," said Jeff Owens, CEO at Advanced Technology Services. "This partnership with Verusen enhances our ability to deliver a results-driven approach to MRO asset management, ensuring that the right parts are available at the right time to maximize uptime."

Key Benefits of the Partnership

• Streamlined Operations: ATS integrates Verusen's AI-powered platform into its storeroom management and comprehensive factory maintenance solutions to help manufacturers unify and analyze data across enterprise systems, streamlining processes and improving decision-making.
• Cost Optimization: Manufacturers leverage actionable insights to continually optimize MRO inventory based on purchase history, parts criticality, lead times, and more. This approach balances cost savings from reducing excess and carrying costs with risk mitigation from preventing stockouts—resulting in an average 14.9% reduction in working capital and a 2.8% increase in uptime.
• Enhanced Reliability: By optimizing materials management, ATS helps ensure critical parts are available when needed, reducing factory downtime and maximizing operational output.

"Managing MRO inventory is often a challenge for manufacturers, especially when data is fragmented across various systems," said Scott Matthews, CEO of Verusen. "By combining Verusen's AI-powered platform with ATS's extensive industry expertise, we're helping manufacturers streamline MRO asset management and solve inventory challenges with an integrated approach."

To learn more about how an AI-powered MRO asset management solution can help streamline operations, reduce waste, and ensure critical parts availability, visit www.advancedtech.com.

About Advanced Technology Services: Advanced Technology Services, Inc. (ATS), is a global services provider with four decades of proven experience as a single source for industrial maintenance, technology, and parts. Established in 1985, the company has grown to be a market leader supporting over 1,400 customer manufacturing sites. Through its industry-leading safety, people, processes, and technologies, ATS is advancing solutions that make its customers' operations more productive, more reliable, and more data-driven. Learn how ATS makes factories run better and smarter at www.advancedtech.com.

About Verusen
Verusen is a leading Supply Chain Intelligence company providing MRO Inventory Optimization and Spend Analytics focused on helping global asset-intensive manufacturers streamline their MRO supply and materials management strategy. Verusen utilizes artificial intelligence to harmonize disparate data across enterprise systems to provide complex supply chains with true visibility for supply through inventory planning and procurement intelligence. This helps organizations reduce risk, optimize working capital, and ensure production uptime to meet customer needs. The result is a foundation organizations can trust to fuel digital transformation and scale supply chain maturity initiatives. Headquartered in Atlanta, Verusen has been named one of Georgia's Top 10 Innovative Technology Companies. Visit verusen.com for more information, or follow us on X/Twitter at @Verusen_AI and LinkedIn.

PRESS CONTACT:                               
Kaitlyn Olsen                                           
Social Media Specialist
309-693-6375
[email protected]

SOURCE Advanced Technology Services, Inc. (ATS)