5 Ways Optimized Service Parts Management Improves Financial Performance Companies around the world are increasingly dealing with the vagaries in the economy as they relate to the ups and downs of their industries. This creates feelings of uncertainty and stress for both employees and customers. Manufacturers must ensure they have near- and long-term strategies in […]
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In part one of this series on Retail Inventory Management (RIM) planning, we covered the importance of having an effective strategy and considerations for implementing a robust technology solution. Now let’s dig a little deeper and look at what steps you can take to successfully plan, implement, and roll out a strategic RIM program. While […]
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Whether your organization is just starting its Retail Inventory Management (RIM) program, or you’ve outgrown your in-house solution, it is imperative to have a comprehensive strategy in place. It is about understanding what an effective RIM program entails, why it’s essential for OEMs today, and what benefits you can expect to see—at the OEM, dealer, […]
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The Impact of Covid on the Supply Chain Although the restaurants and stadiums are starting to fill back up around the globe, many manufacturers are still experiencing the impact of significant supply chain disruption. In 2020, some companies saw huge increases in demand for products as others experienced a sharp drop in sales. While many […]
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What are the Benefits of Spare Parts Inventory Management Software for OEMs? While we’ve spent on a lot of time here on the blog explaining why optimizing your spare parts inventory is so important, this week we thought it might be good to take a step back and look at one specific aspect at a […]
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Ever wondered what might have happened if you’d done things differently? Sure, you have. We all have. That’s why there’s a whole genre of movies about it—think Back to the Future, Sliding Doors, and Hot Tub Time Machine. What if you’d asked that person out, accepted that job, gotten on that plane? If you could […]
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Welcome back to the fifth and final installation in our Back to Basics series. Today we’re wrapping up our discussion of Retail Inventory Management (RIM), picking up where we left off last week. If you need to catch up, here’s everything we’ve covered so far: Price Optimization Inventory Optimization, Part One and Part Two Retail […]
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Welcome back to our Back to Basics series. If you’re just joining us, be sure to check out the first three posts for more tips on how to succeed in light of market and industry changes resulting from the global pandemic: Back to Basics: The Fundamentals of Price Optimization, and Back to Basics: The Fundamentals […]
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Welcome back to our Back to Basics series, where we’re talking about how to achieve ongoing success in the “new normal” by focusing on the basics of after-sales service operations. (If you missed the first two posts, you can read them here: Back to Basics: The Fundamentals of Price Optimization, and Back to Basics: The […]
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As manufacturers around the world navigate the ‘new normal,’ optimized after-sales service operations are becoming more important than ever. In fact, according to a recent Deloitte report, after-sales service continues to be a “consistent revenue source and profit stabilizer” and the manufacturers that place an increased focus on service have “outperformed their peers and exited […]
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