To help manufacturers navigate the complexities of creating a connected aftermarket, this report delves into emerging market trends and explores how to overcome common challenges to create a pathway to sustainable growth.
Unlocking value with a connected aftermarket
As manufacturers tap into the potential of the connected aftermarket, they stand to realise benefits such as enhanced throughput and schedule accuracy, improved spare part availability, greater labour efficiency, fewer maintenance events, better contract management and reduced cost to serve.
Learn how Deloitte is helping to create a connected aftermarket
A leading aerospace OEM wanted to improve their aftermarket business to increase uptime and parts availability. With cumbersome and non-standard processes, however, they could not connect their spares and maintenance needs to their core business. At the same time, they lacked appropriate tools to see Data in real-time, hampering their efforts to balance their near- and long-term planning requirements.
The solution
Using the connected aftermarket approach, Deloitte Consulting LLP helped to:
The results
A leading equipment rental company in the construction, manufacturing and industrial space wanted to modernise their customer service. Due to complex industry dynamics—such as supply chain disruptions, labour shortages and extreme climate conditions—their customers were approaching their operations in new ways. To help customers optimise their productivity, the company wanted to leverage Data-driven solutions to deliver more value through access to fleet management and logistics technology.
The solution
Using the connected aftermarket approach, Deloitte Digital helped design a digitally enabled solution to make equipment rental and management easy and intuitive. Over an 18-month journey, the teams reimagined the equipment rental experience, bringing into a single platform Data and capabilities powered by leading-edge technologies. The new digital platform helps empower customers to capitalise on their own strengths while easily and efficiently drawing from the company’s fleet management knowledge—through rich Data made available in an easy-to-use, mobile-enabled format across the equipment rental cycle. Features include reserving equipment, tracking delivery, monitoring equipment performance, managing equipment operation and having full billing visibility.
The results
A major aerospace and defence manufacturer was contracted to perform planned modifications to a client’s used aircraft fleet. However, 50% of the required work was not identified or scoped until the aircraft arrived at the MRO facility, disrupting labour, parts and tooling plans.
The solution
Using the connected aftermarket approach, Deloitte Consulting LLP helped them:
The results
"By turning end-of-life systems into a unique opportunity to transform customer relationships and operational realities, a connected aftermarket approach could put manufacturers on the path toward building long-term competitive advantage"
- Ajai Vasudevan, Global Leader for Smart Operations, Energy, Resources & Industrials, Deloitte US