Too many companies are shortchanging their profit potential by incorrectly pricing their products and services. By setting prices relative to what consumers value, not off cost, companies are better positioned to generate windfall profits for the long run.
The question of whether a supplier supported the automotive data standards used to be answered with “yes” or “no.” But today, the answer includes Silver, Gold or Platinum, or some other designation of completeness.
NHTSA's guidance sets out 15 “Safety Assessments” for the safe design, development, testing and deployment of autonomous vehicles, which it hopes the 50 states will adopt, making for a uniform, national regulatory environment.
Technologies exist to manage spare parts and improve your supply chain. The key to successful technology is a powerful integration engine that connects multiple inventory networks onto a single platform.
How do you manage across different cultures and, most important, build cross-culture teams and management? How do you navigate the potential mine field of international business customs and government relations?
For decades to come autonomous vehicles will operate as an addition to the vehicle fleet and not a replacement. They will be owned by commercial businesses with a keen interest in up-time. They will be better maintained and serviced than the existing vehicle fleet.
Consumers are looking for connectivity in their vehicles – putting IoT at the center of automobile innovation. From self-driving vehicles to the insertion of tech companies into manufacturing, IoT has a bright future in the auto industry.
A customer-centric approach rather than a product-centric attitude is fundamental for generating superior business outcomes for the retailer and WD selling to the DIYer, commercial and jobber segments.
Just because you are implementing new procedures doesn’t mean they are written in stone. They should remain alive and adaptable. Keeping them alive will allow you to make incremental changes as your operation adapts to new situations.