Manufacturers and their channel partners in motor vehicle, industrial equipment, and other manufacturing sectors typically run service parts operations separately from parts pricing. The former belongs to supply chain; the latter to marketing. But these companies are beginning to realize that this long-standing division of labor is leaving profits uncaptured. With an integrated approach to parts planning and pricing, companies can leverage prices as a lever to hit stocking and service level targets across all inventory locations. On average, service organizations that implement an integrated parts management approach can drive a 20% higher profit contribution from service, according to a recent benchmarking study.
View this On-Demand Webinar to learn how to boost your organization's profits by implementing an integrated service parts planning and parts pricing solution.
