Today’s products are increasingly sophisticated. Technological sophistication coupled with component based manufacturing means that customers can no longer repair most items.
Competition pushes manufacturers to extend warranties, and an ever-shortening of product life cycles means an ever-increasing number of replacement parts. And, those replacement parts are increasingly being manufactured offshore, adding lead times and expense to shipping.
The presentation will include a “case study” of a manufacturer that implemented Service Parts Inventory policies that directly led to:
The bottom line result is that it’s costing less and less to “make” and more and more to “fix.”
Attendees will learn: