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.
There has been much attention focused recently on what may be happening with regard to autonomous vehicles at the National Highway Traffic Safety Administration (NHTSA). But no one is talking about what won't be happening.
With the disruption in technologies around the Internet of Things (IoT) and connected vehicles, the possibilities in the aftermarket have grown exponentially. This opens opportunities for new players who want to try a variety of service integration possibilities, enabling a new dimension of value-added services in the auto industry.
Due to this revelation that hyperbole seems to trump common sense, I have developed a simple chart to help you determine where you should buy your parts and get your service. I call this guide the crazy vs. experience matrix.
Today, the vehicles entering shops for maintenance or repairs sit parked 95 percent of the time. Tomorrow, fleets of driverless cars will spend nearly all their time on the road—with an increase in wear and tear and a proportionate need for maintenance and repair.
John Krafcik, CEO of Google Self-Driving Cars, told a Washington audience that NHTSA needs to update its federal safety standards if autonomous vehicles are to reach the market as quickly as companies like Google hope they will.
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.
The auto industry is facing off against the cable television, cell phone and other Wi-Fi-dependent sectors in an effort to preserve the radio spectrum reserved for vehicle-to-vehicle (V2V) communications.
A study of wholesale order activity conducted by GCommerce showed that drop ship or special orders represented 80 percent of the purchase order transactions, while contributing only 20 percent of the revenue and accounting for 80 percent of the operating costs. That math is upside-down and doesn’t make the accountants happy.
Is more than 25 percent of your business coming from one source? If it is, consider this. According to OnStrategy’s article by Todd Ballowe, Ten Common Causes of Business Failure, number six is overdependence on a single customer.