How can world-class Service Parts Management be used to increase revenue?
• Improved Asset Utilization – Assets in motion generate revenue for customers and enable manufacturers to avoid downtime penalties. • Increased Part Availability – Improved part availability and fill rates means increased part or service sales in competitive situations. • Improve Customer Loyalty – Recent studies show that superior service generates even more customer loyalty than superior products. Customer loyalty is essential to retain and grow the customer base. • Identify High Margin Opportunities – With complete visibility into the capacity, economics, and capability of service parts operations, sales and service marketing can easily identify and capitalize on high-margin business opportunities.
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- How can world-class Service Parts Management be used to increase revenue?