Service Lifecycle Management: Future-proofing the Manufacturing Industry

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Manufacturers that make the shift from a product-centric approach to an Equipment-as-a-Service (EaaS) model can increase margins and improve customer satisfaction. However, OEMs that resist streamlined, digital adoption could face detrimental outcomes, especially during times of economic uncertainty.

Studies indicate that over the next five years, service-based organizations are prioritizing advanced technology adoption to curve downfalls and predict growth. By integrating Service Lifecycle Management (SLM) technology, OEMs can ensure their customers’ needs are being met while confidently navigating the EaaS market.

Get this Syncron eBook to gain insight into the need for complex goods manufacturers to make the shift to EaaS by adopting SLM solution technology.

You will learn how:

  • Streamlining SLM leads to operational efficiency
  • The EaaS business approach establishes stable and predictable revenue streams
  • To overcome challenges with EaaS implementation
  • SLM digitalization improves customer satisfaction
  • To optimize aftermarket processes with a holistic SLM approach.

Manufacturers that adopt a digital approach to aftermarket service lifecycle management have the advantage of accurate forecasting technology that can “reduce aftermarket supply chain costs, improve parts availability, and automate planning processes for increased efficiency.”