Knowledge (XXG)

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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36:Management of a business 19:Not to be confused with 1315:Supply chain management 1230:Enterprise architecture 1206:Diagnostics and testing 1195:Technical documentation 1125:Parts demand management 1119:Parts supply management 1030:supply chain management 367:Environmental economics 347:International economics 298:Chief marketing officer 284:Chief financial officer 279:Chief operating officer 275:Chief executive officer 236:International trade law 30:Business administration 1115:Spare parts management 1097:and service offerings 936:International business 921:Business judgment rule 266:Chief business officer 166:Annual general meeting 146:State-owned enterprise 136:Privately held company 1280:IT service management 1164:Technician enablement 1106:Go-to-market strategy 612:Customer relationship 548:Business intelligence 510:Financial institution 485:International finance 435:Cash conversion cycle 342:Development economics 303:Chief product officer 51:Management accounting 21:IT service management 1181:Customer management 1122:Inventory management 553:Business development 397:Economic development 159:Corporate governance 56:Financial accounting 1240:Service (economics) 1173:Activity scheduling 1064:Increasing service 963:Business statistics 946:International trade 931:Business operations 627:Electronic business 532:Types of management 420:Financial statement 402:Economic statistics 270:Chief brand officer 226:Corporate liability 141:Sole proprietorship 121:Joint-stock company 1250:Services marketing 1150:Returns processing 1022:Service management 926:Consumer behaviour 728:Product life-cycle 515:Capital management 480:Managerial finance 171:Board of directors 1203:Remote monitoring 1146:Reverse logistics 1019: 1018: 906:Business analysis 475:Corporate finance 445:Capital budgeting 382:Knowledge economy 176:Supervisory board 1322: 1299: 1296: 1260:Service provider 1235:Managed services 1225:Customer service 1191:Customer insight 1011: 1004: 997: 981: 980: 958:Business process 500:Financial market 337:Labour economics 332:Public economics 91:Corporation sole 26: 16:Business process 1330: 1329: 1325: 1324: 1323: 1321: 1320: 1319: 1305: 1304: 1303: 1302: 1297: 1293: 1288: 1245:Service economy 1221: 1176:Service billing 1153:Remanufacturing 1087: 1049: 1015: 975: 968: 967: 911:Business ethics 901: 891: 890: 831: 823: 822: 533: 525: 524: 520:Venture capital 450:Commercial bank 440:Insider dealing 415: 407: 406: 357:Planned economy 322: 312: 311: 256: 254:Corporate title 246: 245: 221:Corporate crime 201: 191: 190: 186:Audit committee 161: 151: 150: 106:Holding company 86:Corporate group 81: 74:Business entity 66: 65: 46: 24: 17: 12: 11: 5: 1328: 1326: 1318: 1317: 1307: 1306: 1301: 1300: 1290: 1289: 1287: 1284: 1283: 1282: 1277: 1272: 1270:Service system 1267: 1262: 1257: 1255:Service design 1252: 1247: 1242: 1237: 1232: 1227: 1220: 1217: 1216: 1215: 1214: 1213: 1210: 1207: 1204: 1198: 1197: 1196: 1193: 1188: 1185: 1179: 1178: 1177: 1174: 1171: 1168: 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639: 636: 635: 633: 630: 628: 625: 623: 620: 618: 615: 613: 610: 608: 605: 603: 600: 598: 597:Configuration 595: 593: 590: 586: 583: 582: 581: 578: 574: 571: 570: 569: 566: 564: 561: 559: 556: 554: 551: 549: 546: 544: 541: 539: 536: 535: 529: 528: 521: 518: 516: 513: 511: 508: 506: 503: 501: 498: 496: 493: 491: 488: 486: 483: 481: 478: 476: 473: 471: 468: 466: 463: 461: 458: 456: 453: 451: 448: 446: 443: 441: 438: 436: 433: 431: 428: 426: 423: 421: 418: 417: 411: 410: 403: 400: 398: 395: 393: 390: 388: 385: 383: 380: 378: 375: 373: 370: 368: 365: 363: 360: 358: 355: 353: 352:Mixed economy 350: 348: 345: 343: 340: 338: 335: 333: 330: 328: 325: 324: 321: 316: 315: 308: 304: 301: 299: 295: 292: 290: 287: 285: 282: 280: 276: 273: 271: 267: 264: 262: 259: 258: 255: 250: 249: 242: 239: 237: 234: 232: 229: 227: 224: 222: 219: 217: 214: 212: 209: 207: 204: 203: 200: 199:Corporate law 195: 194: 187: 184: 182: 179: 177: 174: 172: 169: 167: 164: 163: 160: 155: 154: 147: 144: 142: 139: 137: 134: 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706:services 663:Incident 602:Conflict 558:Capacity 261:Chairman 216:Contract 1066:revenue 1024:in the 851:Culture 801:Systems 786:Service 765:  753:Records 748:Quality 738:Project 733:Product 723:Process 702:  683:Network 652:  634:  607:Content 414:Finance 96:Company 813:Talent 769:crisis 695:Office 568:Change 899:Trade 881:Space 776:Sales 718:Power 673:Legal 543:Brand 538:Asset 61:Audit 763:Risk 78:list 505:Tax 1311:: 1068:. 1010:e 1003:t 996:v 305:/ 296:/ 277:/ 268:/ 80:) 76:( 23:.

Index

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
Constitutional documents

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