The Syncron team recently gathered in Japan for the Global Manufacturing Executive Seminar 2019 to discuss how the manufacturing industry is undergoing a major business model transformation with nearly 200 Japanese manufacturing execs. And, first on stage is Jay Johnson, General Manager, Aftermarket Supply Chain at Daimler Trucks North America (DTNA), sharing how DTNA transformed […]
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Servitization has come a very long way since it’s initial inception. As connectivity, efficiency and sustainability take center stage in businesses worldwide, the concept of servitization – the selling of a product’s outcome, opposed to the selling of the product itself – has shifted from a ‘nice-to-have’ business model to a ‘need-to-have’ one. And, as […]
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As new product sales continue to slip across industries world wide, it’s clear that OEMs need to start shifting their focus from solely selling products to selling the usage of those products to stay competitive. This shift is known as servitization, or Product as a Service (PaaS) and it’s completely revolutionizing the way we buy […]
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