Digital Intelligence for Parts Business Will Generate High Growth & Strategic Advantage

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Understand how macro trends in market driven pricing can significantly boost parts revenue; Learn how to move at today’s digital pace.

Alex Morbe, chief revenue officer at Markt Pilot, discusses Digital Intelligence for Parts Business Will Generate High Growth & Strategic Advantage.

The parts business is the most critical profit driver for manufacturing companies but has been overlooked by OEMs for too long while new competitors have entered the market.

How can you realize the promise of the macro technology forces as well as those just now emerging? Leaders, now, are exploring how today’s process’ and advanced technology intersect to create more value – and new ways to manage the infusion of technology to measure strategic advantage and growth in their parts business and differentiate from new competitors.

The manufacturing industry, globally, is experiencing an unprecedented expansion of technology-driven innovation and that is fueling revenue and competitive forces never before experienced. An organization’s ability to exploit technology to its advantage will determine its survival. Leaders across manufacturing sectors now routinely elevate technology to a strategic business priority to create a competitive advantage.

Staying competitive in today’s digital economy requires new digital tools, new expertise, and deeper market intelligence. The shift from analog methods to digital has accelerated the market for commercial parts and placed pressure on revenue and margins. In this presentation, you will learn about the macro trends at play in digital market intelligence and specifically how new and advanced digital technology can significantly boost your parts business revenue. We will also discuss how simple it is to move at today’s digital pace with readily available web-based market intelligence tools and why these tools will not only help you keep but become a necessary part of your daily operation as a necessity.

Learn about the history of part pricing, current trends in making part pricing more dynamic and what it means when digital becomes pervasive in the parts business. The capabilities that got us to today won’t be the same that get us to tomorrow. The change is coming on quickly and understanding what is driving this change can help you make fast decisions and keep you in front of your competition. Hear about actionable examples and proven strategies from industry leaders on how to integrate and leverage digital market intelligence.

Learn the answers to questions such as: What does digital market intelligence look like in 2022? What are the building blocks of part pricing that got us from analog to digital and why is digital positioned to become the industry standard for market intelligence?