Back to Basics: Use the Fundamentals of Inventory Optimization to Drive Sustainable Results

Back to Basics: Use the Fundamentals of Inventory Optimization to Drive Sustainable Results

According to a new Deloitte report, due to the COVID-19 crisis, “manufacturers should consider leveraging the opportunity to scale their aftermarket services capability more rapidly” as a means to enhance customer satisfaction and generate new revenue.

But for many executives today, identifying and executing the appropriate inventory management strategy to support their aftermarket services capability can be difficult, especially during unpredictable and unprecedented market conditions. Together with Carlisle, Syncron aims to help after-sales executives re-center their thoughts in a “Back to Basics” series that will highlight key ways to optimize the service parts supply chain to make an immediate and sustained financial impact.

Join Syncron’s Jeff Nieze and Carlisle & Company’s Korin Hasegawa-John for the next session in this series (view the recording of the first session on pricing here), as they discuss strategies that teams can take to optimize their service parts inventory. Highlights of the conversation include:

• The unique challenges of managing and planning inventory for service parts
• How to adequately forecast spare parts demand and gain visibility into customer demand
• An overview of the essential KPIs that service parts supply chain organizations should monitor to adequately measure and improve performance over time
• Actionable tactics that inventory planning teams can execute quickly to improve performance
• …and much more.

About Syncron
Syncron enables the world’s leading manufacturers to deliver exceptional after-sales service experiences while driving significant revenue and profit improvements.