Case Studies Service Lifecycle Management-Aftermarket Services
Problem
Aftermarket services case study about Service Level Agreement (SLA) compliance and inventory availability levels.
Blumberg Advisory Group Recommendations
Conduct benchmark study that revealed several gaps:
- High investment spare parts relative to industry standards
- Excessive travel time of Field Engineers
- Frequency of calls abandoned due to lack of parts
- Low number of Service Calls Completed per Same Day
Results
Results of benchmark study provided basis for building a “Burning Platform” to invest in new technology to minimize gaps, reduce costs, and improve service quality
- Optimization Software
- Analytics
- Net Impact: 24% reduction in operating costs (e.g., inventory, travel, overtime labor)
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