Knowledge

Service management

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larger inventories and tighter integration with field service and third parties. They also must accommodate inconsistent and uncertain demand by establishing more advanced information and product flows. Moreover, all processes must be coordinated across numerous service locations with large numbers of parts and multiple levels in the supply chain.
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as the intersection between the actual sales and the customer point of view. The aim of high-performance service management is to optimize the service-intensive supply chains, which are usually more complex than the typical finished-goods supply chain. Most service-intensive supply chains require
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Among typical manufacturers, post-sale services (maintenance, repair, and parts) account for less than 20% of revenue. But among the most innovative companies in service, those same activities often generate more than 50% of the profits.
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ISO/IEC 20000-1:2018. Information technology-Service management -Part 1:Service management system requirements. International Organization for Standardization ISO, 2018
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Generally, service management comprises six different capabilities that companies should consider for optimization:
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Reduce expediting costs - with optimized service parts inventory, there is no need to rush orders to customers.
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Minimize technician visits - if they have the right part in hand, they can fix the problem on the first visit.
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The main drivers for a company to establish or optimize its service management practices are varied:
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High service costs can be reduced, i.e. by integrating the service and products supply chain.
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Inventory levels of service parts can be reduced and therefore reduce total inventory costs.
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Reduce obsolescence costs of service parts through improved forecasting.
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is the internationally acknowledged for service management.
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Customer service or parts/service quality can be optimized.
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Assets, maintenance, task scheduling, event management
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acquisitions 222:Constitutional documents 47:Management of a business 30:Not to be confused with 1326:Supply chain management 1241:Enterprise architecture 1217:Diagnostics and testing 1206:Technical documentation 1136:Parts demand management 1130:Parts supply management 1041:supply chain management 378:Environmental economics 358:International economics 309:Chief marketing officer 295:Chief financial officer 290:Chief operating officer 286:Chief executive officer 247:International trade law 41:Business administration 1126:Spare parts management 1108:and service offerings 947:International business 932:Business judgment rule 277:Chief business officer 177:Annual general meeting 157:State-owned enterprise 147:Privately held company 1291:IT service management 1175:Technician enablement 1117:Go-to-market strategy 623:Customer relationship 559:Business intelligence 521:Financial institution 496:International finance 446:Cash conversion cycle 353:Development economics 314:Chief product officer 62:Management accounting 32:IT service management 1192:Customer management 1133:Inventory management 564:Business development 408:Economic development 170:Corporate governance 67:Financial accounting 1251:Service (economics) 1184:Activity scheduling 1075:Increasing service 974:Business statistics 957:International trade 942:Business operations 638:Electronic business 543:Types of management 431:Financial statement 413:Economic statistics 281:Chief brand officer 237:Corporate liability 152:Sole proprietorship 132:Joint-stock company 1261:Services marketing 1161:Returns processing 1033:Service management 937:Consumer behaviour 739:Product life-cycle 526:Capital management 491:Managerial finance 182:Board of directors 18:Service Management 1214:Remote monitoring 1157:Reverse logistics 1030: 1029: 917:Business analysis 486:Corporate finance 456:Capital budgeting 393:Knowledge economy 187:Supervisory board 16:(Redirected from 1333: 1310: 1307: 1271:Service provider 1246:Managed services 1236:Customer service 1202:Customer insight 1022: 1015: 1008: 992: 991: 969:Business process 511:Financial market 348:Labour economics 343:Public economics 102:Corporation sole 37: 36: 27:Business process 21: 1341: 1340: 1336: 1335: 1334: 1332: 1331: 1330: 1316: 1315: 1314: 1313: 1308: 1304: 1299: 1256:Service economy 1232: 1187:Service billing 1164:Remanufacturing 1098: 1060: 1026: 986: 979: 978: 922:Business ethics 912: 902: 901: 842: 834: 833: 544: 536: 535: 531:Venture capital 461:Commercial bank 451:Insider dealing 426: 418: 417: 368:Planned economy 333: 323: 322: 267: 265:Corporate title 257: 256: 232:Corporate crime 212: 202: 201: 197:Audit committee 172: 162: 161: 117:Holding company 97:Corporate group 92: 85:Business entity 77: 76: 57: 35: 28: 23: 22: 15: 12: 11: 5: 1339: 1329: 1328: 1312: 1311: 1301: 1300: 1298: 1295: 1294: 1293: 1288: 1283: 1281:Service system 1278: 1273: 1268: 1266:Service design 1263: 1258: 1253: 1248: 1243: 1238: 1231: 1228: 1227: 1226: 1225: 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1058:Benefits 887:Patterns 867:Conflict 852:Behavior 792:Security 769:Resource 754:Property 717:services 674:Incident 613:Conflict 569:Capacity 272:Chairman 227:Contract 1077:revenue 1035:in the 862:Culture 812:Systems 797:Service 776:  764:Records 759:Quality 749:Project 744:Product 734:Process 713:  694:Network 663:  645:  618:Content 425:Finance 107:Company 824:Talent 780:crisis 706:Office 579:Change 910:Trade 892:Space 787:Sales 729:Power 684:Legal 554:Brand 549:Asset 72:Audit 774:Risk 89:list 516:Tax 1322:: 1079:. 1021:e 1014:t 1007:v 316:/ 307:/ 288:/ 279:/ 91:) 87:( 34:. 20:)

Index

Service Management
IT service management
Business administration
Accounting
Management accounting
Financial accounting
Audit
Business entity
list
Corporate group
Corporation sole
Company
Conglomerate
Holding company
Cooperative
Corporation
Joint-stock company
Limited liability company
Partnership
Privately held company
Sole proprietorship
State-owned enterprise
Corporate governance
Annual general meeting
Board of directors
Supervisory board
Advisory board
Audit committee
Corporate law
Commercial law

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