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Connected Customer Experience

Megatrends & Spare Parts Management (SPM) Solutions

Author Ted Fellowes on Feb-24-2020

This guest blog was written by Ted Fellowes, President of Fellowes Research. It is the third of three posts that prepares the reader for webinar hosted by Mize titled Parts eCommerce & Megatrend Impacts on Aftermarket Parts Sales in which Ted is the guest presenter

Introduction

Megatrends are shifts in behavior or attitude that are large, transformative, global and cross-industry in impact.  The megatrends discussed below appear pivotal to shaping parts and service operations for vehicles and equipment.  The digital solutions that automate and improve service-parts management (SPM solutions) will be vital to OEMs, dealers and repairers as they forge at path to success through the tumult.  

This post focuses on forecasting impacts, not on exact timing and sizing.

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Parts eCommerce: Best practices for OEMs, dealerships and solution developers investing in service-parts eCommerce

Author Ted Fellowes on Feb-17-2020

This guest blog was written by Ted Fellowes, President of Fellowes Research.

Preface. 

Parts eCommerce is the fastest growing segment of fixed operations (a.k.a., ‘aftersales’ and ‘aftermarket’) – it’s projected to reach $6.5 billion in revenue – for U.S. car dealers in 2020.  Parts eCommerce is also evolving and innovating rapidly – and faster than in other sectors.  Mastery of parts eCommerce is challenging and starts with understanding the distinct market segments and solution types.  Success also requires deep understanding of OEM data and technical documentation.  Fortunately, success has its rewards: parts eCommerce represents the best opportunity to promote and profitably sustain – even grow – dealer parts sales – in part through powerful capabilities that parts eCommerce best facilitates. 

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Webinar Recap: Digital Technologies and Field Service

Author Natalie Kass on Jul-12-2019

When it comes to field service, companies are judged on the service they provide. The top two factors used to measure great service are the speed of service (is this going to take days, hours, minutes?) and first-time fix rate (is this going to be fixed right the first time?).

In order for field service technicians to achieve this, they need all the help they can get, whether in the form of knowledge or external resources. Knowledge might include manuals, how-to guides, audit trails, and truck stock inventory, while external resources might include support calls to outside experts.

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Webinar Recap: Best Practices to Streamline Supplier Warranty Management

Author Natalie Kass on Jun-19-2019

This month’s webinar, hosted by Mize, Inc. in partnership with Tech Mahindra, brought together experts in the automotive and warranty management industries to discuss best practices in streamlining supplier warranty management. Our presenters, including Michael Blumberg, Chief Marketing Officer of Mize, Michael Roberts, President of MR Insights, and Eric Marlan, Senior Product Manager of Mize, led stimulating discussions about the current state of supplier warranty management, and what strategies must be implemented to improve quality for all stakeholders.

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Prescription for Automotive Industry: Improve Quality & Optimize Supplier Warranty Management with State of The Art Solution

Author Michael R Blumberg on Jun-10-2019

Are you frustrated with your access to warranty information? 

Is EXCEL your “go to” tool for warranty analysis?

Do you have a “warranty management process” or are you just chasing OEM provided numbers? 

If you don’t like the way you had to answer any of these questions, you’ll want to join us for this informational webinar! 

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Webinar: Enabling Service Technicians to Deliver Better Customer Experience

Author Michael R Blumberg on Mar-22-2019

Customer Experience is a critical factor driving customer loyalty and retention.  It is important for companies to focus on these Key Performance Indicator (KPIs) because it takes 5 times as much to attract a new customer as it does to keep an existing customer satisfied. Maintaining high levels of customer loyalty and retention can also have a huge financial payoff. Benchmark studies show that just a 5% increase in retention can yield profit increases in the range of 25% to 95%.
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