Servitization in Manufacturing: How to Stay on the Top
Servitization is a business model, wherein manufacturers, i.e product-focused businesses aim to become a solution-based business. The goal of this transition is to create new revenue streams as well as to strengthen customer relationships.
Servitization for Sensors
Like all servitization business models, S2aaS could provide numerous benefits to the customer. Using a subscription-based service, manufacturers can rest assured their sensors will be monitored, repaired and replaced whenever required.
What is servitization?
In the emerging servitization-centered economy, where a growing number of companies are shifting from selling products to selling access to and the outcome those products deliver, manufacturers are redefining the way they do business
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MRPeasy - ERP for Small Manufacturers That Delivers Results
Always know what you have in stock and what you'll need to fulfill orders. Never forget to order parts on time or fail to notice a late delivery from your vendor. Easily create manufacturing orders and schedule them automatically according to resource availability or delivery deadline. Generate accurate cost and lead time estimates and provide customers with quick quotes. Receive notifications when orders are late or inventory levels reach a critical point. Ensure seamless communication between sales, production, warehousing, procurement, administration, and finance. Integrate with popular accounting, CRM, and e-commerce apps. MRPeasy is an ERP software for small manufacturers that gives you all that and more. Our users report a 54% average improvement in the overall performance of their business and a 42% increase in on-time deliveries. Try for free, no credit card needed.