Exploring the Cutting Edge: AI's Impact, Field Service Recap, PRICE-RADAR Advantages & Effective Price Communication

AI in Machine Manufacturing?

Artificial intelligence (AI) is revolutionizing the landscape of machine manufacturing, unlocking unprecedented levels of efficiency, precision and productivity. ?

By utilizing the power of AI, machine manufacturers can optimize processes, enhance quality control and streamline operations.

From predictive maintenance and smart robotics to automated data analysis and machine learning algorithms, AI enables machines to adapt, learn and make intelligent decisions in real-time. With AI-driven advancements and tools, machine manufacturers achieve higher levels of accuracy, reduce downtime, minimize waste and drive innovation.

The integration of AI in machine manufacturing is propelling the industry into a new era of intelligent automation, where machines are empowered to self-optimize and deliver superior performance, paving the way for a more sustainable and technologically-advanced future. ?

Read the full blog here for more insights on the topic of AI and machine manufacturing and how our AI-based intelligent pricing tool?improves efficiency & sustainability.

Field Service Palm Springs 2023 Recap ?

Field service leaders gathered last month at Field Service Palm Springs 2023 conference?to discuss trends and challenges facing the industry. ?

Key takeaways include the growing importance of generative AI, the potential of AR, prioritizing data and monetizing technology. The shortage of field service technicians was also a major topic of discussion. The conference emphasized the importance of networking and building personal relationships to meet potential customers and build long-term partnerships.

The leading point we left with was, businesses must remain adaptable and open-minded to new approaches and technologies as the industry continues to evolve.?

Top PRICE-RADAR Features for Machine Manufacturers?

The parts business is under a lot of pressure. The most pressing challenges facing the spare parts business are digitization, lack of market insight, time-consuming manual processes and the shortage of skilled labor. ?

With PRICE-RADAR, all three of these challenges can be tackled. ?

Discover in-depth how PRICE-RADAR's: ?

1. Clear Dashboard
2. Full Market Intelligence
3. & High Flexibility?

Are helping machine manufacturers adapt and advance in the constantly evolving digital landscape in our latest pillar article.?

Download the exclusive deep dive video.

Or read the full article.

Price Adjustments: Effectively Communicating with Customers

Discovering price increase opportunities for spare parts is crucial for businesses looking to increase both their market share and sales. The PRICE-RADAR tool can help identify where adjustments or increases or decreases in prices can be made. Communicating such changes effectively is key, with three main approaches outlined: for individual requests, online stores and wholesale customers.

Whether you're an established company or a startup, adjusting prices to reflect the market drives growth and strengthens customer relationships, so plan accordingly and make it a priority.?