Stocking spare parts inventory to cover service needs over dynamic product lifecycles carries significant risk of financial exposure from excess and obsolescence, as well as customer risks from missed service level agreements. Capability challenges that commonly prevent companies from optimally managing spare parts demand, inventory and supply include:
Supply chain visibility across the service network
Predicting lifecycles of in-warranty and out-of-warranty demand
Optimizing inventory across the service network
Synchronizing new buys, returns and repair
Predicting stock-outs and preventing excess inventory growth
Entercoms Service Parts Management service leverages deep domain expertise and advanced analytical applications, such as machine learning and proactive alerts, to help you transform your service parts supply chain. Our deep cross-industry expertise, intimate knowledge of data sources and proven analytical models give you unique insights and actionable intelligence to optimize your service supply chain. We drive immediate value within the first 90 days of working together.
Entercoms empowers companies to attain bottom line results quickly, often driving benefits within the first 90 days of the engagement. Examples of significant results achieved: