HOSTED BY
Michael Blumberg
Chief Marketing Officer,
Mize
Presented by
Ted Fellowes
President
Fellowes Research
IDC MarketScape: Worldwide Manufacturing Service Parts
Management Applications 2019-2020 Vendor Assessment
• Background
• Wholesale Parts eCommerce & Megatrend Impacts
• Simplifying Parts eCommerce to Drive Sales
• Case Studies
• Benchmarks
• Q & A
• Wrap – Up
The leader in
Connected Customer
Experience. Enabling
global companies to
Optimize service
interactions and
Maximize customer
lifetime value
• Manufacturers generate a significant portion of revenue
and profits from Aftermarket Parts Sales
• Gross Margins on Aftermarket Parts Sales are typically 2.5
times higher than product sales
• Megatrends have disruptive impact on OEM Parts Sales
• Parts eCommerce will play a critical role in fueling the
growth and profitability of Manufacturers’ Aftermarket
Business strategies.
• Automotive and Medium/Heavy Truck aftermarket (North America) represents a $418
billion industry - growing at 3 to 3.5% per year.
• The Automotive Retail Aftermarket (North America) has eCommerce sales over $16 billion
and growing 14 to 16% per year . Adding Automotive Wholesale Aftermarket (North
America) eCommerce increases this total by a factor of 3 to 5
• More than $150 billion in auto parts through all sales channels are influenced by digital.
The number will grow to over $160 billion in just a couple of years.
Source: Hedges & Company January 2019 Analysis, AAIA Factbook 2018, Fellowes Research​
Ted Fellowes is the Founder and President of Fellowes
Research. He is Advisor to firms investing in repair &
supply-chain digital solutions boosting OEM parts trade &
productivity. Ted has 30+ years of experience in general
management, product management and business
development for Service Parts solutions in Automotive and
adjacent industries. .
Wholesale Parts eCommerce & Megatrend Impacts
(Automotive Aftermarket Insights)
Ted Fellowes
• Introduction
• Wholesale OEM Parts eCommerce Flow
• Parts Specification Over Time
• Wholesale Parts eCommerce Benefits / Success
• Megatrends
• Recommendations
• Why - WIFM:
• Sell more parts – hold/raise share
• Reduce returns
• Boost Dealer productivity
• Facilitate OEM Price programs
• Improve CX & UX
• U.S. Car Dealer Online Parts Sales: > $6.7B (2020)
• Auto, Truck, Off-Highway …
The challenges grow continuously –
more vehicle variations & options and
many more part-numbers – Yet new
and improved solutions are driving
down errors and specification times
Roadmap
• VIN-specific (incl. options) filtering
• Improved catalog authoring
• Expanded search (synonyms, autocomplete, facet …)
• Sets of digital photos for parts
• Related & Associated Parts
• ‘Second’ Parts Lines
• Predictive Analytics
(continued)
• Sellers: OEM & Dealer
• Platform for OEM Pricing programs
• OEM safety/warranty – procedures, mandatory parts
• Why Buy – OEM info
• Transaction data sets – enabling predictive analytics
• Dealer productivity (buyer does lookup)
• More collaborative, efficient buyer-seller communications
• Buyers: Shop / Fleet
• Parts Ordering 24 x 7
• More collaborative, efficient buyer-seller communications
• Better access to OEM parts choices, pricing & availability
• Connected Vehicle – IoT
• Vehicle DTCs transmitted / interpreted by OEM
• Vehicle directs driver to dealer; OEM/Dealer calls
• VIN-specific parts pre-identified for likely service op
• R2R – Right to Repair (Regulation)
• Data, Systems, Tools & Parts provided by OEMs to dealers
must be available to independent repairers
• Wholesale eCommerce way for OEMs to retain parts sales
• Electrification (EV)
• On-Highway: parts may fall over 50% (excluding batteries)
• Fewer moving parts in powertrain
• Off Highway & Europe – distinct rates of implementation
• Collision Avoidance / Autonomous Vehicles:
• ADAS currently potential to reduce collisions 30%
• Autonomous … potential to reduce collisions – up to 90%
• Europe / Off-Highway – distinct rates of adoption
• Sharing Economy
• May reduce vehicle sales, not mileage / hours operation
• No consensus on service parts and labor revenue net
impacts
• Marketplaces – Amazon & eBay
• Success in DIY & Idle / Overstock but … hard for dealers
• 3D Printing
• Rise of eCommerce
(continued)
• Considering your service-parts solutions, ask yourself:
• Is your EPC superior & on a path continuous improvement?
• Are you positioned to start / grow your parts eCommerce
channel for your service-parts?
• Does your current path include a broad range of seamlessly
integrated parts & service solutions?
• Are you keeping ahead of (i) AM competitors; (ii) other
OEMs?
• Keep alert – the pace of change is accelerating:
• Don’t let concerns about distant future keep you from
adapting & competing now and in the near/mid-term
• Don’t go it alone – find experts to partner with
Eric Marlan
Sr. Product Manager, Mize
Eric Marlan is a Senior Product Manager with Mize and
is responsible for developing product roadmap for Mize
Connected Customer Experience Platform and Smart
Blox for Registration, Warranty, Spare Parts, Service
Plans, Support, Field Service, and Knowledge. Eric has
experience working with many global manufacturers to
implement software solutions for optimizing Warranty
Management, Spare Parts Management, and Service
Contracts Management.
Senior Product Manager
• Parts business maybe at risk due to R2R and new market entrants
• Need to be efficient
• Protect & grow market share
• Deliver Uber-like experience to meet customer requirements
Parts Catalog
• Illustrated Parts
Catalog
• Simple publishing
based on Product
BOM
• Find right Parts
• Shopping Cart,
Pick list
integration
Parts Orders
• Online and mobile
parts ordering
• Drop-ship to
customer
locations
• Integration with
Order fulfillment
Parts Inventory
• Track inventory
across multi-tier
locations
• Locate Parts
• Assign parts to
service
transactions
• Integration with
WH, DMs, and
3PL
Parts Returns
• Excess stock
returns
• Defective part
returns
• Reverse logistics
Parts Support
• Manage Parts
Contact Center
• Resolve Parts
questions, order
issues
• Online and mobile
access to
Support
My Customer Portal: Consumers
Channel Connect: Servicers and Dealers
Customer Central: Assurant Administration
Supplier Portal: Parts/Product Distributors
Software Modules: Stand Alone or
Integrated to Provide a Customized, Fully
Branded Business Solution Includes Data
Analytics/Reporting by Module
• Deliver the right service parts to the right location at the right time
• Grow Service Parts Sales and Margins
• Increase product or equipment up-time
• Improve part availability and Service levels
• Improve Customer Satisfaction
• Reduce excess inventory and Improve forecast accuracy
• Reduce repair, ordering, and expediting costs
• Earnings
management
• Attach Rates
• Renewal Rates
• Sales performance
• Customer analytics
• Opportunity reports
• Loss Ratio Reports
• Reports to
Underwriters
Overview
Takeuchi US is a leading
provider of compact
construction equipment in
North America. Takeuchi
manufacturing began in
1963 and has been a
pioneer in the compact
equipment industry.
Takeuchi compact
excavator and compact
track loader products have
transformed the North
American construction
equipment markets.
Takeuchi has extensive
dealer and service network
throughout North America
Pain Points
• Takeuchi had been growing and expanding their dealer network,
which led them to look for a program that would deliver a better
customer experience.
• More specifically, Takeuchi wanted their dealers to be more effective
and efficient in processing ordering parts.
• Prior to implementing Mize, Takeuchi used separate applications to
create and publish electronic parts catalogs, and allow dealers to order
parts online.
• These applications were more than 12 years old and lacked flexibility
• Sections of a Parts Book PDF could not be published online;
only the entire book could be published
• Individual countries could not make direct edits, revisions,
or modifications to the Electronic Parts Catalog
Mize Parts Catalog Smart Blox enabled Takeuchi to:
• Automate catalog creation by importing images and BOM Parts
lists from Engineering, ERP Systems, and other sources
• Use Service BOM to structure the catalog
• Export Parts Catalog to PDF or other distribution sources
• Publish Parts Catalogs in multiple languages
• Add parts to shopping cart with a single click
• Check out directly from the Catalog
Benefits:
• Time savings in creation and modification of parts catalogs
• Cost Savings from eliminating need for separate applications
• Easier for Dealers to order parts
• Seamless, scalable & connected Cloud based solution with affordable
price
• View all the information about a Product in a single screen (Product 360)
(continued)
Overview
Founded in 1952, Weber-Stephen
Products Company is one of the
world's leading manufacturers of
charcoal and gas grills, grilling
accessories and other outdoor
room products. Weber offers
products under the Weber, Weber
Q, iGrill brand names. Weber-
Stephen Products Company is
also one of the leading exporters
of grills and sells products at
home centers, retail outlets, and
hardware, departmental and
patio stores. The company also
offers a range of accessories,
such as cookbooks, spices,
sauces, grill covers, mitts, tools,
pans, thermometers and
skewers.
3/2/2020
36
Pain Points
• Weber was utilizing a customer built, home-grown, legacy
software application that provided customers and Dealers
with access to product schematics and Service Bill of
Materials (BOM)
• At issue, the legacy system was costly to maintain as it
required support from highly skilled resources as opposed to
the business user.
• In addition, the system was rigid with respect to its ability to:
• Search parts by product model numbers
• Find available documentation related to product models
and parts numbers
• Order parts from Service BOM
• Migrate date from Parts Master BOM to Online
Schematics
Weber implemented Mize’s Service BOM functionality with the Parts
Software Smart Blox to load BOM data to Mize and use Mize API to pull
schematics to online portal
The solution enables customers, contact centers, and dealers the
ability
• to look-up to look-up parts online easily and quickly
• Obtain real-time parts and service information
• Simplify parts selection and ordering processes for customers
and service organizations
Benefits:
• Improved Service Experience for Stakeholders
• Simplified Workflow
• Lower operating costs
(continued)
Parameter Average
Benchmark
Target
Percent of Service Events that Require a Part 49% 49%
First Time Fix Rate 77% 88%
Percent of Requests Broken Due to Lack of Parts 26% 14%
Inventory Fill Rate 52% 95%
✓ 30 Day Free Pilot
✓ Proof of Concept
✓ Rapid Implementation
✓ Mize Parts Catalog &
SPM Solution
Contact Us Today:
Phone : +1 813-971-2666
email: info@m-ize.com
IDC MarketScape: Worldwide Manufacturing Service Parts
Management Applications 2019-2020 Vendor Assessment
3/2/2020 Enabling Service Technicians to Provide a Better 41
Question & Answer
info@m-ize.com
813-971-2666
www.m-ize.com
AFTERSHOKZ Launches
Customer Portal and Warranty solution powered by Mize
3/2/2020 Enabling Service Technicians to Provide a Better 44
Contact Us
info@m-ize.com
813-971-2666
www.m-ize.com
3/2/2020 Enabling Service Technicians to Provide a Better 45
Download Webinar Presentation
and On Demand Webinar At
https://bit.ly/2PqtdF4

On-Demand Webinar Parts eCommerce & Megatrend Impacts on Aftermarket Parts Sales

  • 1.
    HOSTED BY Michael Blumberg ChiefMarketing Officer, Mize Presented by Ted Fellowes President Fellowes Research
  • 2.
    IDC MarketScape: WorldwideManufacturing Service Parts Management Applications 2019-2020 Vendor Assessment
  • 3.
    • Background • WholesaleParts eCommerce & Megatrend Impacts • Simplifying Parts eCommerce to Drive Sales • Case Studies • Benchmarks • Q & A • Wrap – Up
  • 4.
    The leader in ConnectedCustomer Experience. Enabling global companies to Optimize service interactions and Maximize customer lifetime value • Manufacturers generate a significant portion of revenue and profits from Aftermarket Parts Sales • Gross Margins on Aftermarket Parts Sales are typically 2.5 times higher than product sales • Megatrends have disruptive impact on OEM Parts Sales • Parts eCommerce will play a critical role in fueling the growth and profitability of Manufacturers’ Aftermarket Business strategies.
  • 5.
    • Automotive andMedium/Heavy Truck aftermarket (North America) represents a $418 billion industry - growing at 3 to 3.5% per year. • The Automotive Retail Aftermarket (North America) has eCommerce sales over $16 billion and growing 14 to 16% per year . Adding Automotive Wholesale Aftermarket (North America) eCommerce increases this total by a factor of 3 to 5 • More than $150 billion in auto parts through all sales channels are influenced by digital. The number will grow to over $160 billion in just a couple of years. Source: Hedges & Company January 2019 Analysis, AAIA Factbook 2018, Fellowes Research​
  • 6.
    Ted Fellowes isthe Founder and President of Fellowes Research. He is Advisor to firms investing in repair & supply-chain digital solutions boosting OEM parts trade & productivity. Ted has 30+ years of experience in general management, product management and business development for Service Parts solutions in Automotive and adjacent industries. .
  • 7.
    Wholesale Parts eCommerce& Megatrend Impacts (Automotive Aftermarket Insights) Ted Fellowes
  • 8.
    • Introduction • WholesaleOEM Parts eCommerce Flow • Parts Specification Over Time • Wholesale Parts eCommerce Benefits / Success • Megatrends • Recommendations
  • 9.
    • Why -WIFM: • Sell more parts – hold/raise share • Reduce returns • Boost Dealer productivity • Facilitate OEM Price programs • Improve CX & UX • U.S. Car Dealer Online Parts Sales: > $6.7B (2020) • Auto, Truck, Off-Highway …
  • 11.
    The challenges growcontinuously – more vehicle variations & options and many more part-numbers – Yet new and improved solutions are driving down errors and specification times
  • 12.
    Roadmap • VIN-specific (incl.options) filtering • Improved catalog authoring • Expanded search (synonyms, autocomplete, facet …) • Sets of digital photos for parts • Related & Associated Parts • ‘Second’ Parts Lines • Predictive Analytics (continued)
  • 13.
    • Sellers: OEM& Dealer • Platform for OEM Pricing programs • OEM safety/warranty – procedures, mandatory parts • Why Buy – OEM info • Transaction data sets – enabling predictive analytics • Dealer productivity (buyer does lookup) • More collaborative, efficient buyer-seller communications • Buyers: Shop / Fleet • Parts Ordering 24 x 7 • More collaborative, efficient buyer-seller communications • Better access to OEM parts choices, pricing & availability
  • 14.
    • Connected Vehicle– IoT • Vehicle DTCs transmitted / interpreted by OEM • Vehicle directs driver to dealer; OEM/Dealer calls • VIN-specific parts pre-identified for likely service op • R2R – Right to Repair (Regulation) • Data, Systems, Tools & Parts provided by OEMs to dealers must be available to independent repairers • Wholesale eCommerce way for OEMs to retain parts sales • Electrification (EV) • On-Highway: parts may fall over 50% (excluding batteries) • Fewer moving parts in powertrain • Off Highway & Europe – distinct rates of implementation
  • 15.
    • Collision Avoidance/ Autonomous Vehicles: • ADAS currently potential to reduce collisions 30% • Autonomous … potential to reduce collisions – up to 90% • Europe / Off-Highway – distinct rates of adoption • Sharing Economy • May reduce vehicle sales, not mileage / hours operation • No consensus on service parts and labor revenue net impacts • Marketplaces – Amazon & eBay • Success in DIY & Idle / Overstock but … hard for dealers • 3D Printing • Rise of eCommerce (continued)
  • 16.
    • Considering yourservice-parts solutions, ask yourself: • Is your EPC superior & on a path continuous improvement? • Are you positioned to start / grow your parts eCommerce channel for your service-parts? • Does your current path include a broad range of seamlessly integrated parts & service solutions? • Are you keeping ahead of (i) AM competitors; (ii) other OEMs? • Keep alert – the pace of change is accelerating: • Don’t let concerns about distant future keep you from adapting & competing now and in the near/mid-term • Don’t go it alone – find experts to partner with
  • 17.
  • 18.
    Eric Marlan isa Senior Product Manager with Mize and is responsible for developing product roadmap for Mize Connected Customer Experience Platform and Smart Blox for Registration, Warranty, Spare Parts, Service Plans, Support, Field Service, and Knowledge. Eric has experience working with many global manufacturers to implement software solutions for optimizing Warranty Management, Spare Parts Management, and Service Contracts Management. Senior Product Manager
  • 19.
    • Parts businessmaybe at risk due to R2R and new market entrants • Need to be efficient • Protect & grow market share • Deliver Uber-like experience to meet customer requirements
  • 20.
    Parts Catalog • IllustratedParts Catalog • Simple publishing based on Product BOM • Find right Parts • Shopping Cart, Pick list integration Parts Orders • Online and mobile parts ordering • Drop-ship to customer locations • Integration with Order fulfillment Parts Inventory • Track inventory across multi-tier locations • Locate Parts • Assign parts to service transactions • Integration with WH, DMs, and 3PL Parts Returns • Excess stock returns • Defective part returns • Reverse logistics Parts Support • Manage Parts Contact Center • Resolve Parts questions, order issues • Online and mobile access to Support
  • 21.
    My Customer Portal:Consumers Channel Connect: Servicers and Dealers Customer Central: Assurant Administration Supplier Portal: Parts/Product Distributors Software Modules: Stand Alone or Integrated to Provide a Customized, Fully Branded Business Solution Includes Data Analytics/Reporting by Module
  • 23.
    • Deliver theright service parts to the right location at the right time • Grow Service Parts Sales and Margins • Increase product or equipment up-time • Improve part availability and Service levels • Improve Customer Satisfaction • Reduce excess inventory and Improve forecast accuracy • Reduce repair, ordering, and expediting costs
  • 32.
    • Earnings management • AttachRates • Renewal Rates • Sales performance • Customer analytics • Opportunity reports • Loss Ratio Reports • Reports to Underwriters
  • 34.
    Overview Takeuchi US isa leading provider of compact construction equipment in North America. Takeuchi manufacturing began in 1963 and has been a pioneer in the compact equipment industry. Takeuchi compact excavator and compact track loader products have transformed the North American construction equipment markets. Takeuchi has extensive dealer and service network throughout North America Pain Points • Takeuchi had been growing and expanding their dealer network, which led them to look for a program that would deliver a better customer experience. • More specifically, Takeuchi wanted their dealers to be more effective and efficient in processing ordering parts. • Prior to implementing Mize, Takeuchi used separate applications to create and publish electronic parts catalogs, and allow dealers to order parts online. • These applications were more than 12 years old and lacked flexibility • Sections of a Parts Book PDF could not be published online; only the entire book could be published • Individual countries could not make direct edits, revisions, or modifications to the Electronic Parts Catalog
  • 35.
    Mize Parts CatalogSmart Blox enabled Takeuchi to: • Automate catalog creation by importing images and BOM Parts lists from Engineering, ERP Systems, and other sources • Use Service BOM to structure the catalog • Export Parts Catalog to PDF or other distribution sources • Publish Parts Catalogs in multiple languages • Add parts to shopping cart with a single click • Check out directly from the Catalog Benefits: • Time savings in creation and modification of parts catalogs • Cost Savings from eliminating need for separate applications • Easier for Dealers to order parts • Seamless, scalable & connected Cloud based solution with affordable price • View all the information about a Product in a single screen (Product 360) (continued)
  • 36.
    Overview Founded in 1952,Weber-Stephen Products Company is one of the world's leading manufacturers of charcoal and gas grills, grilling accessories and other outdoor room products. Weber offers products under the Weber, Weber Q, iGrill brand names. Weber- Stephen Products Company is also one of the leading exporters of grills and sells products at home centers, retail outlets, and hardware, departmental and patio stores. The company also offers a range of accessories, such as cookbooks, spices, sauces, grill covers, mitts, tools, pans, thermometers and skewers. 3/2/2020 36 Pain Points • Weber was utilizing a customer built, home-grown, legacy software application that provided customers and Dealers with access to product schematics and Service Bill of Materials (BOM) • At issue, the legacy system was costly to maintain as it required support from highly skilled resources as opposed to the business user. • In addition, the system was rigid with respect to its ability to: • Search parts by product model numbers • Find available documentation related to product models and parts numbers • Order parts from Service BOM • Migrate date from Parts Master BOM to Online Schematics
  • 37.
    Weber implemented Mize’sService BOM functionality with the Parts Software Smart Blox to load BOM data to Mize and use Mize API to pull schematics to online portal The solution enables customers, contact centers, and dealers the ability • to look-up to look-up parts online easily and quickly • Obtain real-time parts and service information • Simplify parts selection and ordering processes for customers and service organizations Benefits: • Improved Service Experience for Stakeholders • Simplified Workflow • Lower operating costs (continued)
  • 38.
    Parameter Average Benchmark Target Percent ofService Events that Require a Part 49% 49% First Time Fix Rate 77% 88% Percent of Requests Broken Due to Lack of Parts 26% 14% Inventory Fill Rate 52% 95%
  • 39.
    ✓ 30 DayFree Pilot ✓ Proof of Concept ✓ Rapid Implementation ✓ Mize Parts Catalog & SPM Solution Contact Us Today: Phone : +1 813-971-2666 email: info@m-ize.com
  • 40.
    IDC MarketScape: WorldwideManufacturing Service Parts Management Applications 2019-2020 Vendor Assessment
  • 41.
    3/2/2020 Enabling ServiceTechnicians to Provide a Better 41 Question & Answer info@m-ize.com 813-971-2666 www.m-ize.com
  • 43.
    AFTERSHOKZ Launches Customer Portaland Warranty solution powered by Mize
  • 44.
    3/2/2020 Enabling ServiceTechnicians to Provide a Better 44 Contact Us info@m-ize.com 813-971-2666 www.m-ize.com
  • 45.
    3/2/2020 Enabling ServiceTechnicians to Provide a Better 45 Download Webinar Presentation and On Demand Webinar At https://bit.ly/2PqtdF4