In today’s rapidly evolving market, many manufacturers experienced significant challenges during the pandemic, including shortages and increasing prices, creating immense obstacles. While some have successfully pivoted to new business models and retained their customers, others are still searching for their new path.

Exploring new possibilities and insights in data analysis is seen by many as a crucial opportunity to stay profitable. These new ways and business models range from 3D printing parts to predictive maintenance and e-commerce. During virtual broadcast, we will delve into these topics and explore how to benefit from the challenges and opportunities in the current market and economic landscape.

E-commerce has played a pivotal role for many manufacturers in recent years, proving to be an efficient method for selling more parts to both new and existing customers. What can we learn from others about how and where e-commerce makes sense in their operations? How do we balance shortages in parts with the need to increase sales?

Here are some of the topics we will cover during the virtual academy:

• Data and Predictive Maintenance – How can the data already collected be beneficial to the organization and be used in combination with predictive maintenance reports to foresee and stock parts without the risk of overstocking? Integrated data solutions and real-time data response can be the key to understanding customers better and predicting future needs.
• Improving Efficiency with Digital Solutions – Many manufacturers face significant inefficiencies due to disconnected systems within their organizations. These inefficiencies result in wasted time and operational costs when processing manual orders and shipments of parts. Incorrect part identification often leads to extended and confusing communication with customers, as well as the resolution of wrong part orders. By implementing digital solutions, manufacturers can streamline their operations, reduce errors, and enhance customer satisfaction. Such innovations are not only helping end-users but also increasing revenue and preparing organizations for the future of manufacturing.
• New Business Models: Tapping into New Market Segments Sustainability and refurbished parts are becoming increasingly important in the industry – What do these concepts mean for manufacturers? We will explore innovative business models that tap into new market segments, focusing on sustainability and the integration of refurbished parts. Learn how these strategies can benefit organizations, reduce costs, and meet the growing demand for sustainable solutions.

Learn about new business models, the use of data in spare parts operations, and much more. I look forward to welcoming you to this exciting and informative virtual platform.

Sincerely,

Lisa Hellqvist
Managing Director
Copperberg