Spare parts management

Defense Logistics Market size to increase by USD 3.95 billion during 2023-2028, The adoption of multidimensional defense logistics to drive the growth - Technavio

Retrieved on: 
Sunday, January 7, 2024
Lockheed Martin, DB Schenker, DL, Thales Group, Navy, USD, Sample, Food, Clothing, Free, System, Nature, Integrated logistics support, Military, MRO, Spare parts management, Movement, Northrop Grumman, Asset management, Army, YOY, Medicine, Supply chain, KBR (company), Military logistics, Honeywell, CMA, ILS, Transport, Defense, Fluor Corporation, Growth, Arms industry

The defense logistics market size is expected to grow by USD 3.95 billion between 2023 and 2028.

Key Points: 
  • The defense logistics market size is expected to grow by USD 3.95 billion between 2023 and 2028.
  • The adoption of multidimensional defense logistics is one of the key defense logistics market trends fueling the market growth.
  • The growth of the Defense Logistics (DL) Market is driven by the embrace of multidimensional defense logistics strategies.
  • It strains Defense Packaging Solutions and hampers efforts to fortify Defense Supply Chain Resilience, underscoring the need for enhanced Defense Logistics Technology to adapt to the changing landscape in defense logistics.

AJ Foyt Racing selects IFS Ultimo EAM software for critical Parts Management, Lifing and Maintenance processes

Retrieved on: 
Thursday, June 22, 2023
Partnership, A. J. Foyt Racing, EAM, Enterprise asset management, IndyCar, Season, A. J. Foyt, Acquisition, Risk, Indy, Pedigree, Artificial intelligence, Spare parts management, NTT, Software, Asset management, Maintenance

CHICAGO, June 22, 2023 /PRNewswire/ -- IFS, the global cloud enterprise software company, has announced that legendary American racing team AJ Foyt Racing has selected IFS as their strategic technology partner for the 2023, 2024 and 2025 IndyCar Racing seasons with options for extension. 

Key Points: 
  • The multi-year partnership will see AJ Foyt Racing leverage IFS Ultimo for Parts Management, Parts Lifing and Maintenance.
  • Foyt Racing required specific functionality to enhance their central processes, having previously relied on a manual reporting lifing system.
  • In addition to becoming a strategic technology partner, IFS will collaborate with AJ Foyt Racing for a brand activation.
  • IFS branding will also appear on the race suits of AJ Foyt Racing's current drivers, Santino Ferrucci and Benjamin Pedersen.

AJ Foyt Racing selects IFS Ultimo EAM software for critical Parts Management, Lifing and Maintenance processes

Retrieved on: 
Thursday, June 22, 2023
Partnership, A. J. Foyt Racing, EAM, Enterprise asset management, IndyCar, Season, A. J. Foyt, Acquisition, Risk, Indy, Pedigree, Artificial intelligence, Spare parts management, NTT, Software, Asset management, Maintenance

CHICAGO, June 22, 2023 /PRNewswire/ -- IFS, the global cloud enterprise software company, has announced that legendary American racing team AJ Foyt Racing has selected IFS as their strategic technology partner for the 2023, 2024 and 2025 IndyCar Racing seasons with options for extension. 

Key Points: 
  • The multi-year partnership will see AJ Foyt Racing leverage IFS Ultimo for Parts Management, Parts Lifing and Maintenance.
  • Foyt Racing required specific functionality to enhance their central processes, having previously relied on a manual reporting lifing system.
  • In addition to becoming a strategic technology partner, IFS will collaborate with AJ Foyt Racing for a brand activation.
  • IFS branding will also appear on the race suits of AJ Foyt Racing's current drivers, Santino Ferrucci and Benjamin Pedersen.

Vendavo to Present Pricing Best Practices at Spare Parts Business Platform Feb. 12 & 13

Retrieved on: 
Tuesday, February 12, 2019
Technology, Data management, Software, Automotive, Aftermarket, General Automotive, Business economics, Business, Supply chain management, Microeconomics, Pricing, Competition, Marketing, Spare parts management, Spare Parts, Automotive aftermarket, Birger Jarl

To help pricing professionals optimize spare parts management and win the race to value in the rapidly evolving aftermarket industry, Vendavo , a leading provider of commercial excellence solutions, will lead two sessions at the Spare Parts Business Platform in Stockholm, Sweden.

Key Points: 
  • To help pricing professionals optimize spare parts management and win the race to value in the rapidly evolving aftermarket industry, Vendavo , a leading provider of commercial excellence solutions, will lead two sessions at the Spare Parts Business Platform in Stockholm, Sweden.
  • On Tuesday, February 12 at 11:20 am CET, Vendavo business consultants Kalle Aerikkala and Darius Fekete will hold a best practices workshop, Price Control for Spare Parts in Todays Dynamic Markets.
  • The talk will detail why and how profitability must be built into every sales interaction including:
    The Spare Parts Business Platform is February 12-13, 2019 in Birger Jarl in Stockholm.
  • With the Vendavo Commercial Excellence platform, companies develop dynamic customer insights and optimal pricing strategies that maximize margin, boost sales effectiveness and improve customer experience.