Tapping aftermarket operations to meet sustainability goals.
In their pursuit of sustainability, manufacturers of large industrial equipment are increasingly focusing on the aftermarket value chain to reduce their carbon footprint. Beyond the design, development, and manufacturing phases, the aftermarket segment holds significant potential for lowering carbon emissions. Sustainable practices in the aftermarket operations can ensure products are maintained, repaired, and disposed of in an eco-friendly manner.
Service lifecycle management (SLM) systems have traditionally focused on delivering capabilities that support reactive strategies. Manufacturers invariably engage in maintenance only after a failure has occurred and respond to customer complaints as and when they arise. This reactive stance can cause longer downtimes and lead to higher costs, unsustainable practices, and reduced customer satisfaction.
Addressing these challenges requires transitioning to a proactive and predictive service management approach. By leveraging AI and machine learning, organizations can anticipate failure events well in advance, enable preemptive solutions, enhance service task efficiency, lower repair costs, and decrease carbon expenditures throughout the service lifecycle.
Harnessing a digital thread-powered service intelligence hub for sustainable and efficient aftermarket operations.
A complete digital reimagination of SLM can help establish sustainable practices and improve the quality and speed of aftermarket operations. This next-generation SLM must be driven by a service thread that connects the entire value chain, centered around a service intelligence hub. As shown in Figure 1, the service intelligence hub consolidates the complete data DNA of the asset, is cloud-enabled, and generates a digital trace via a knowledge graph. Once this foundation is established, the power of AI, ML, and GenAI can be harnessed to introduce intelligent interventions into individual processes within the value chain. A low-code/no-code platform can be deployed to empower business users further to develop applications that specifically address their contextual needs, consuming information from the service intelligence hub.
Potential avenues for transformation using next-generation service lifecycle management.
With this framework in place, key processes in the service lifecycle can be radically transformed to gain significant outcomes. A few methods are described below:
Creating a connected and intelligent service ecosystem.
AI, ML, and GenAI can play a significant role in introducing sustainable SLM practices. By predicting failures and facilitating proactive resolutions, these practices prioritize repair and remanufacturing over replacement, cut down on technician and parts logistics, and reduce waste. This approach will contribute to a lower carbon footprint in maintenance processes and ensure uninterrupted operations, thereby improving customer satisfaction and profitability. In the future, SLM is poised to merge even more tightly with the development phase of the product lifecycle and transform aftermarket services to follow a continuous improvement strategy.
TCS has defined a next-generation service lifecycle framework that helps establish the service digital thread and incorporates all these digital technologies. It provides the foundation for innovative use cases built to suit individual customer requirements.