How do companies best track the profitability of their product and service offerings while meeting customer demand and market expectations?
During this Breakfast Seminar you will learn about the insights that allow manufacturers to better understand the costs associated with servicing their assets. Coen Jeukens will speak about two effective KPIs relevant for manufacturing companies worldwide: Cost-to-Serve and the Contract Profitability, the synergies of both analytics and the benefits for multiple persona groups, like Finance, Contract Management and Supply Chain. Using the example of a customer, who didn’t have the right data at their fingertips to make well informed, timely decisions, we reveal how more cost transparency made them more confident to decide on specific measures and to take the right steps to increase their profitability.
Key topics to be discussed:
- Why is real-time, accurate asset data so crucial?
- What are the benefits of understanding your cost to serve?
- Why is contract profitability such an important metric to be able to measure?