Exploiting New Technologies in Field ServiceWhen new products are launched on the market, too many European manufacturing companies fail to recognise the opportunities of wrapping new products with a clearly defined after-sales package including extended warranties, accessories, upgrades, parts and service support.
The iconoclastic Jack Welch of GE recognised the benefits and revenue value of after-sales product and service offerings over the sales life cycle.He ensured that all new GE products were released with packaged, after-sales offerings.
Across Europe, Financial Controllers clearly recognise he potential revenue opportunities from delivering after-sales service and have redefined their service operations as profit centres rather than the traditional cost centres (existing on the 'back burner 'of interest and investment within he enterprise) .