Have you ever wondered how life would be if we could test all of our decisions before we made them? What about if you could look back on decisions you made a year ago and simulate how a different decision would have impacted the results? Having these options would be like having a crystal ball […]
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For many manufacturers, there’s a significant amount of trust put into their enterprise resource planning (ERP) systems to handle every aspect of inventory management. And why wouldn’t there be? With the cost to maintain their ERP systems each year, it only makes sense to assume the system is sophisticated enough to ensure service parts planning […]
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As new product sales continue to wane worldwide, it’s clear that manufacturers 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 – and it’s completely revolutionizing the way we buy and consume everything from clothing to cars to […]
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When it comes to service parts planning, it can be tempting for original equipment manufacturers (OEMs) to go with a traditional inventory planning solution that seemingly covers all the bases. But, in fact, the opposite is true: finding a growing inventory planning provider that focuses on after-sales service is the best choice for OEMs. Why […]
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With an after-sales service focus becoming an increasingly important and strategic focus area for manufacturers around the world, why is it that so many organizations are resisting investing in solutions dedicated solely to its optimization? Original equipment manufacturers (OEMs) that continue to rely on homegrown pricing solutions, or solutions that are too broadly focused on […]
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Implementing a new pricing solution isn’t something that happens overnight, and it’s not a decision that’s made lightly – especially for original equipment manufacturers (OEMs) that have been running manual processes for decades. That’s why one of the key components of a pricing project’s success is partnering with a provider that is equipped to handle […]
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When blending the art and science of pricing, intelligent pricing technology is needed to tackle the true automation side of the pricing process. Take a traditional, spreadsheet-based pricing environment, for example: common activities include managing documents, managing data and making sure systems are running without error. In fact, in our experience, nearly 80% of manual […]
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How Technology Will Accelerate Manufacturers’ Shift to Servitization We have reached a watershed moment for technology. Day by day, innovation and connectivity have crept into our daily lives, irrevocably impacting the way we work, communicate and consume products. Along the way, we have begun to move away from past beliefs that things alone are the […]
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