Quest aftermarket ERP helps companies in standardisation of process, visibility and effective control across the complete value chain
For many years, aftermarket in most companies has been a support function. Once a product is sold, aftermarket team’s role was to fulfil commitment given during product sale. However, with economic downturns and shrinking new product sales, companies, management and stakeholders are recognising the virtues of sustained revenues from aftermarket functions. From a cost centre, aftermarket is emerging as a profit centre in many automotive and construction equipment OEMs and at their dealer organisations.
For aftermarket function to deliver and attain maximum benefit, organisations must have a clear strategy supported by appropriate process to monitor and review complete set of activities across the entire service chain (OEM-dealers, distributors and partners).
An effective aftermarket strategy not only contributes significantly for revenue, or has significant cost and differentiation advantages, but also helps in better brand promise (delivered as promised during sales). This increases customer satisfaction, and satisfied customer means re-purchase and referrals.
Aftermarket ERPAs most of the companies are realising that an integrated ERP encompassing maintenance, repair, service agreements, spare sales, rental, re-marketing and re-manufacturing areas are must to comprehensively manage aftermarket functions, they are looking for solution that can handle all these areas. An integrated aftermarket ERP must also cover support divisions of training, assets, tools, support desk, planning, vendor/partner management, float etc. to help manage the complex web of aftermarket relationships.
Quest’s aftermarket ERP is an enterprise class comprehensive system consisting of parts, product sales, service, support desk, re-man, float, training, rental, remarketing, assets, and tools and planning modules. It can be easily configured for any company’s supply chain and aftermarket structure. The application offers hassle-free multitransactional view of order to delivery and comes with more than 500 pre-defined reports including MIS reports, daily, weekly and monthly tracking reports, and deviation reports.
Quest aftermarket ERP help companies in standardisation of process, visibility and effective control across the complete value chain. The application is designed to make life simpler and transparent for OEM and dealers. The system comes with SMS option and can easily integrate with any legacy system. Quest aftermarket ERP has in built intelligence to track parts availability, service levels, parts performance, lost sales, auto allocation and warranty management. The system addresses various elements in aftermarket eco system be it machine sales, parts management or service management.
Industry woes and Quest aftermarket ERPIn the absence of a comprehensive system to monitor and track the following entities, OEMs face lot of challenges. • Parts availability, service level, parts performance, lost sales, efficient inventory management, service handling and revenue leakages. • Service engineers’ performance, scheduling, travel details, service history, service reminders, service planning, MTTR and MTBF. • Different types of machine sales follow-ups, invoice procedures with defined access to users across locations.• Performance of distribution channel for parts, services and sales.• Training, all levels of planning, management of assets and tools.
Benefits of Quest aftermarket ERPCompanies are gaining substantial revenue and sustainable advantage by investing in a comprehensive aftermarket ERP system that benefits them in several ways. These are:• Significantly boosts aftermarket revenue, profitability and cash flow.• Efficiently manages spares, services, sales, re-man, rental, CSA etc.• Reduces the risk of supply chain failures. • Leverages service differentiation by improving overall customer experience.• Can scale from region, country and location level seamlessly.• Timely SMS and email notifications.• Reduction in cost by systematic planning.• Access defined roles and controls.
Most of the enterprise solutions in the market have concentrated on new sales and functions around it, whereas their focus is less in the aftermarket process. While other enterprise solutions typically require 12-24 months for implementation, Quest’s solutions can be implemented in 3 months, thus reducing cost of implementation significantly. In fact, many of the large SI and enterprise product companies see them as complementary players. Their solutions come with industry expertise; they represent their collective wisdom of business rules applicable to heavy equipment, automotive, power and other industries. As the products are unique in aftermarket space, they can complement and co-exist with other enterprise class solutions.
Quest Informatics for over two decades has been successfully deploying value-enhancing and high-quality enterprise class products, services and solutions for OEMs of various heavy equipment, automotive industries and their dealers. The company identifies, understands customers’ pain areas in after market and offers them the right solution to improve customers’ critical processes. They provide flexibility to companies to pick and choose the solutions suitable to their needs and requirements.
Today their leadership and expert teams having deep domain knowledge and high technology capabilities have manifested in world-class products and gold standard services that are used by global majors in automotive, construction, medical, industrial and heavy equipment, and agricultural product industries.
Quest Informatics satisfied list of clients that includes Fortune 500 companies, SMB and multinationals in India and abroad. Quest has deployed enterprise-scale products, meeting global standards at various client organisations.
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