Few decades ago, aftermarket was seen as an afterthought, but in today’s scenario OEMs can’t underestimate the role of aftermarket sales in their business and its impact on their financial health. Aftermarket sales generate more revenue for OEMs than the sales of original parts.
Today, aftermarket is not an afterthought. OEMs need to find opportunities and the effect of part sales on their business revenue. However, the tricky part is to adopt a sales plan to make sure that authorized dealers and end-customer purchase OEM parts to make the most out of it.
A well-managed strategy with effective spare parts management tool will help OEMs to boost revenue, increase profit and make brand image shine. Parts management means managing inventory, parts sold, and keep track of parts needed by authorized dealers in future. It also includes management of damaged or returned parts from the dealers.
Let’s have a look at three main points to increase aftermarket sales:
From the above points you must have got an idea how the things will work after implementing latest technology and why implementation is necessary according to the current market trends. Feel free to connect with the team at www.intellinetsystem.com, if you have any query about the same.