Holistic spare parts pricing: from strategy to software integration

Anyone thinking about short-term potential in mechanical and plant engineering cannot ignore the after-sales business. Low price sensitivities and short times for generating new leads are an optimal basis for market-side measures. Pricing in the spare parts business plays a vital role.

More and more companies are failing due to the growing complexity of the number and classification of spare parts. Modern, AI-based approaches can handle this task efficiently and in a resource-saving manner.

Special care must be taken when selecting pricing software. A solution that suits your company is the prerequisite for sustainable success.

With these challenges in mind, our end-to-end spare parts pricing approach takes into account:

• Strategy and target setting in spare parts management pricing (“North Star”)
• Concept with regard to pricing model and logic
• AI solutions for the classification…