5 Reasons Why OEMs Should Be Investing in Aftermarket Business

Investing in Aftermarket

The aftermarket service industry offers OEMs a lucrative opportunity to better meet customer needs.

Despite this, the average manufacturer is only capturing 25% of its customer’s total service spending on its products. This not only loses you valuable profit margin, but also contributes to your competitors’ aftermarket business. A lose-lose.

The Transformative Power of ClearOps: The AGCO Case Study

The AGCO Case Study

AGCO had several burning issues they needed to address. AGCO completely lost visibility over its >2.000 various dealers and distributors, their stocks and sales, as well as their service levels, once the produced equipment and parts had left manufacturing.

Number One Core Element of Every Efficient OEM Dealer Inventory Management Software: Visibility

OEM Dealer Inventory Management

Inventory management is a critical component of any heavy equipment OEM’s business, especially when it comes to spare parts components which typically have to be available at any given moment.

However, this is easier said than done. Having the right parts at the right time in the right place to ensure high fill-rates and limited downtime requires a lot of connectivity and visibility.