Critical Part Transition Services

October 29, 2015

Ryan Gehm

The average age of vehicles on the road is increasing.

Manufacturing capacity is focused on new models with shorter program cycles to meet higher demand and new fuel economy targets. These market forces are driving dwindling inventories of heritage service part assemblies with no current capacity or supply chain to produce more, according to Ricardo Inc. The end result is an increased risk to both OEM profits and consumer satisfaction.

To help combat this, Ricardo has introduced a unique service to re-industrialize complex service parts with critical inventory shortages, leveraging expertise in low-volume and high-complexity powertrain sourcing. This service can also support transition of full transmission programs and key commodities from production to service.

To better prepare and handle today’s new challenges facing the transition from production to after-sales, Ricardo’s Critical Part Transition services include a team of strategy, design, engineering, quality, finance, and low-volume purchasing experts to address the many complex challenges and considerations for automakers and their tier suppliers.

A free white paper, including a case study, can be downloaded to learn more about the best practices that should be considered to ensure profit is maintained, back-orders are minimized, and consumers remain satisfied.