Service Management Solution Pays Off For Avaya And Diebold

Oct. 20, 2006
Solution helped Avaya reduce inventory while improving service levels.

At the recent Chief Service Officer's Summit in Boston, Avaya Inc. and Diebold Inc. were recognized for their service chain achievements. At the summit, hosted by Aberdeen Group, more than 100 service business leaders met to explore the value of strategic service management.

Both companies use a strategic service management system from Servigistic, an Atlanta-based service solution provider. Using this system Avaya was able to reduce gross parts inventory from $250 million to $160 million while significantly improving service levels, explained Gary Brooks of Servigistics.

At the event Aberdeen conducted a summit delegate survey and found that 74% of attendees operate service as a profit center, with 57% deriving more than 21% of overall revenues from service and 44% seeing more than 31% of overall profits from service.

"Service is becoming increasingly strategic for leading manufacturers to enhance competitive advantage and sustain growth in today's global marketplace," said Mark Vigoroso of Aberdeen Group. "Companies that are leveraging strategic service management solutions are transforming their service organizations into strong, profitable growth generators."

Interested in information related to this topic? Subscribe to our weekly Value-chain eNewsletter.

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!