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Servitization 101 – How servitization can strengthen your relationship with your key accounts

Strategic Account Management Association

Servitization and advanced services offer the potential for organizations to significantly transform their business models to deliver even greater value to customers while also increasing their own profitability. It enables the manufacturer to offer a subscription-based service, benefitting from regular income and cash flow.

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Design Thinking Driven Problem Solving and Innovation

Flevy

It is a user-centric approach that involves understanding the needs, wants, and behaviors of users to create innovative solutions that are both practical and feasible. Design thinking is not just limited to the field of design; it can be applied to any problem-solving situation where creativity and innovation are needed.

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Business Model Innovation (BMI): Business Model Journey

Flevy

As we all know, innovative Business Models can reshape industries and drive tremendous growth. However, Corporate Renewal and Business Model Innovation (BMI) is difficult , as many executives do not understand what truly drives BMI. Profit Formula – For a business model to be viable, it must be able to make the company money.

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How Construction, IT and Manufacturing Industries Can Capitalize on CRM

SuperOffice

But for businesses in construction, IT and manufacturing, there are additional aspects of CRM that can make daily tasks simple. CRM for Manufacturing. In fact, 90% of leading marketers agree that personalization contributes to business profitability significantly. CRM for Construction. CRM for IT. Putting it all together.

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How can AI help with labour shortage in B2B wholesale and manufacturing?

QYMATIX

By analysing market trends, the competitive environment and customer preferences, the software can adjust prices to ensure that they are competitive while generating a reasonable profit for the company. CALCULATE NOW THE ROI OF QYMATIX PREDICTIVE SALES SOFTWARE AI in B2B wholesale and manufacturing.

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Is Your Biggest Customer Destroying Your B2B Sales Strategies?

SalesGlobe

Far too often, manufacturing businesses will bend over backward to keep their biggest customer, thinking that if they do not satisfy them, the losses that follow will be irreparable. Depending on your business, market conditions and factors specific to your manufacturing operations, this may not necessarily be true.

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Using Crowdsourced Innovation in the Real World

Planview

Having a well-defined innovation strategy is more important than ever. To keep up with the modern professional landscape, companies must create an innovation culture that constantly looks for new ways to meet the needs of the customer. One way to do that is through crowdsourced innovation. Crowdsourcing Innovation Effectively.