Why you should modernize your spare parts planning
ToolsGroup
JANUARY 23, 2018
A recent in depth study from McKinsey analyzed 30 industries and found that average earnings-before-interest-and-taxes (EBIT) margin for aftermarket services is 25 percent, compared to 10 percent for new equipment. (“ Industrial aftermarket services: Growing the core ”, July 2017). An extra 15% of margin is a big opportunity.
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