2018 is the year of heavy equipment manufacturing

Heavy equipment manufacturers were faced with both challenges and opportunities throughout 2017.

As 2018 begins, heavy equipment manufacturers have more opportunity than ever to win. This has led to an uptick in equipment orders, so rebuilding crews can help impacted areas get back to day-to-day operations.

It’s imperative that uptime is guaranteed during crises where entire communities depend on heavy equipment to rebuild and underscores how important uptime will be across the industries and verticals in 2018.

Renting heavy equipment, as opposed to owning it, has proven to be an effective way for construction firms to cut costs. This puts pressure on the manufacturers to optimize their service parts inventory management, ensuring they have the parts that are needed in real time.

Telematics systems are widely used in the automotive and heavy equipment industries to alert users to part failure and maintenance alerts. These telematics systems should be integrated into existing ERPs and after-sales service solutions to ensure inventory levels are automatically maintained.

In 2018 and beyond, heavy equipment manufacturers will need to continue to adjust the way that they operate in order to maximize equipment uptime and optimize their service part inventories.

You just PROVED that our automated marketing solution work.

Automated Marketing Solution
Social Media Marketing & SEO

START NOW

Comments

10 Powerful Ways to Master Self-Discipline

Opinions expressed by Entrepreneur contributors are their own. It may be hard to believe when you’re facing a hot-fudge sundae or the prospect of sleeping in versus hitting the gym, but studies show that people with self-discipline are happier. People with a higher degree of self-control spend less time debating whether to indulge in behaviors that are detrimental to their health, and are able to make positive decisions more easily. They don’t let impulses or feelings dictate their choices. Instead, they make level-headed decisions. As a result, they tend to feel more satisfied with their lives. There are things you can do to learn self-discipline and gain the willpower to live a happier life. If you are looking to take control of your habits and choices, here are the 10 most powerful things you can do to master self-discipline. 1. Know your weaknesses. We all have weaknesses . Whether they’re snacks such as potato chips or chocolate chip cookies, o...

No Money to Start? No Problem. Try These 5 Options to Fund Your Business.

Ready For Anything Opinions expressed by Entrepreneur contributors are their own. You might be limited to a strict budget to start a business, but that doesn’t mean you don’t have any options. It is possible to start a business with very little money, if you have the right combination of skills, work ethic and marketing know-how. According to Chris Guillebeau, author of The $100 Startup , “To succeed in a business project, especially one you’re excited about, it helps to think carefully about all the skills you have that could be helpful to others and particularly about the combination of those skills.” Related: How to Start a Business With (Almost) No Money Follow these simple guidelines to fund your business when you have little to no money. No Money to Start? No Problem. Try These 5 Options to Fund Your Business. Yes, making something does take an initial cost in supplies, but often, these products can be sold...

Tomorrow's ‘general’ AI revolution will grow from today's technology

In today's pop culture, machines with artificial general intelligence (AGI) are typically portrayed as walking, talking human analogs replete with personalities -- from the Terminator's murderous intent to Vision's noble heroism. In reality, self-aware robots are a long way off. Nathan Michael, associate research professor and the director of the Resilient Intelligent Systems Lab at Carnegie Mellon University, argues that generalized AI systems will grow out from today's single-purpose "narrow" AIs. "General AI is representative of this concept of bringing together many different kinds of specialized AI," he explained. AGI isn't so much a singular standalone system -- it's no digital Athena bursting forth from Zeus' forehead -- but rather a threshold of capability derived from a collection of narrow AI's working together, Michael said. He likens it to a baby. When a person is born, they don't possess a proper consciousne...

ProsConnected.com

Search This Blog