In the world of manufacturing, competition is intense. Every day, global OEMs play for keeps, doing the best they can to gain an edge on their competition. Business is like a game, but the problem is that unlike most games, the rules are constantly changing, and what it takes to win is always in flux. […]
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The responsibility for ensuring maximized product uptime is shifting from the end-user to the manufacturer. This shift means manufacturers need to start uncovering ways to increase cost efficiencies throughout the entire value chain. And, that need to uncover hidden after-sales service revenue is ultimately driving them to completely transform business logic, company cultures and product […]
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It’s no secret that maximizing product uptime is critical to the success of nearly all end-users of long-lasting, durable goods. In fact, in today’s world, if a product goes down, customers simply won’t pay to use it. This realization is causing the business model transformation race to kick up a notch, and original equipment manufacturers […]
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This post was originally featured on Manufacturing.Net Collecting insights from academics, customers and industry leaders, Syncron recently set out to understand how manufacturers can capitalize on the megatrend of servitization, where manufacturers shift from selling a product itself to the outcome or value that the product delivers. After our discussions, it became clear that 2019 […]
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