The SMAC Stack: How next generation technology is helping OEM’s transform their Aftermarket Services

The SMAC Stack: How next generation technology is helping OEM’s transform their Aftermarket Services

For the better part of the last decade, Manufacturers have operated in a highly challenging economic environment. Since the global downturn of 2008-2009 there has been an ever increasing pressure on costs and a need for manufacturers to disrupt the traditional operational model and reinvent themselves towards better growth and profitability. Given the outlook in […]

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How to Grow Your Aftermarket Business by 50%

How to Grow Your Aftermarket Business by 50%

If yours is like many Original Equipment Manufacturing (OEM) organizations, your aftermarket product and service provisions represent an under-utilized gold mine, filled with unrealized potential to generate profits possibly exceeding those yielded by primary-product sales. According to statistics published in The McKinsey Quarterly, for example, aftermarket parts sales for a piece of industrial equipment, marked […]

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