Criticality Calculator

Criticality Calculator

Make data-driven decisions on material criticality

MiLi’s Criticality Calculator module replaces subjective guesswork with a standardized, objective framework for assessing the criticality of your materials

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Calculate the Criticality of Materials

How do you decide which parts are critical to your operation? If it’s based on who makes the most noise, you have a problem. MiLi’s Criticality Calculator module provides a structured, data-driven framework for assessing the true criticality of your materials. Our configurable risk questionnaire allows you to define your own criteria, and the weighted scoring model provides an objective, logic-driven output. This ensures your stocking and sourcing strategies are aligned with your actual business risk, and not emotional bias. Stop guessing and start making criticality a measurable, repeatable, and strategic process.

Who Benefits?

  • Reliability & Maintenance Leaders:

    Ensure your maintenance and inventory strategies are aligned with your operational risk. Make confident, data-driven decisions about which parts to stock to protect your uptime and maximize your asset performance.

  • Inventory Managers and Material Master Data Stewards:

    Optimize your inventory investment by understanding the true criticality of your materials, enabling you to make smarter decisions about your stocking levels. Reduce your investment in non-critical items and ensure the availability of what truly matters.

  • Finance & Risk Management Professionals:

    Gain a clear and objective view of your operational risk exposure. Our standardized framework provides a defensible and auditable process for assessing and managing the risk associated with your MRO inventory.

60%

Faster Decision Cycles

35%

Stocking Accuracy Improvements

20%+

Downtime Risk Reductions

Configurable Risk Questionnaire

Define your own criteria for assessing criticality based on your unique operational context and business priorities.

Workflow-Driven Approval & Review

Workflow-Driven Approval & Review

Workflow-Driven Approval & Review

Route criticality assessments to the right stakeholders for review and approval, ensuring alignment and buy-in across the organization.

Features you'll love

Interested in taking MiLi for a test drive?

Weighted Scoring Model

Weighted Scoring Model

Weighted Scoring Model

MiLi uses a weighted scoring model to provide an objective and logic-driven criticality rating for every material.

Integration with Stocking Strategy

Integration with Stocking Strategy

Integration with Stocking Strategy

The criticality rating is seamlessly integrated with MiLi's ROP/ROQ calculator, allowing you to set your stocking policies based on a clear understanding of risk.

MiLi Lite Pilot

MiLi Lite Pilot

MiLi Lite Pilot

Try MiLi Lite

Don’t let another day of excess and obsolete inventory, uncatalogued materials, or lack of control in free text spending pass by…

Don’t let another day of excess and obsolete inventory, uncatalogued materials, or lack of control in free text spending pass by…