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Industrial Equipment

Strategies for Effectively Handling End User Transitions for Your Industrial Equipment

Over the past few years, I’ve done many consulting engagements with OEMs to integrate their data from various source systems. One recurrent challenge that consistently arises is identifying the right end users for specific Industrial equipment. Several scenarios could lead to changes in the end user of Industrial equipment or the transfer of equipment to […]

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Customer Segmentation in the Aftermarket Industry

Identifying Segmentation Criteria for Customer Segmentation in the Aftermarket Industry

Customer segmentation is a crucial strategy in the aftermarket industry, where businesses provide support, maintenance, and replacement parts for equipment and machinery that customers have already purchased. Effectively segmenting customers based on their installed base data allows companies to offer more customer-aligned aftermarket services, optimize inventory management, and enhance customer satisfaction. Identifying the right segmentation

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Optimizing Inventory Management

Optimizing Inventory Management: A Strategic Guide for Industrial OEMs

As Industrial OEMs embark on the journey through 2024, they find themselves at the crossroads of innovation and efficiency. In this blog, we delve into strategies designed to fortify and refine inventory management practices in the intricate landscape of Industrial manufacturing. Best Practices for Optimizing Inventory Management 1. Embrace Technological Advancements In the dynamic realm

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Simplified Strategies for Effortless BOM Data Maintenance for Industrial OEMs

Over the course of half a decade, I’ve had the privilege of collaborating with numerous OEMs (Original Equipment Manufacturers). Interestingly, a common thread among these OEMs has been their interest in seeking my expertise to provide guidance on Bill of Materials (BOM) data maintenance. This interest has stemmed from my close familiarity with their own

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