Exploring Manufacturing Commercial Operations
Summarize
Summary of Exploring Manufacturing Commercial Operations
The Manufacturing Commercial Operations (MCO) solution enables organizations to enhance revenue and customer experiences while minimizing operational costs. It offers an integrated platform for managing sales, support, and service operations, streamlining the lifecycle of products, subscriptions, and services from opportunity creation to order fulfillment and customer support.
Show less
Key Features
- Subscription and Services Lifecycle Management: Connects all processes, verifies contracts, tracks post-sales changes, and manages activations, eliminating reliance on manual operations and optimizing for both traditional and new service offerings.
- Order-to-Cash Exceptions and Disputes Management: Integrates with ERP systems to handle requests from multiple channels, ensuring efficient routing and resolution of order-related issues while enhancing visibility and auditability.
- Product Quality Issues and Post-Sales Services Support: Facilitates seamless communication across teams and with customers, streamlining case management and ensuring timely resolution of product quality concerns.
- Channel Support Operations: Provides self-service options and proactive communication to streamline requests from channel partners, improving response times and service efficiency.
Key Outcomes
By utilizing Manufacturing Commercial Operations, organizations can expect accelerated growth through new service offerings, improved operational agility through automated workflows, and enhanced customer loyalty through differentiated experiences. The solution enables better collaboration with stakeholders, leading to increased revenue potential and strengthened partnerships.
Learn how the Manufacturing Commercial Operations solution can help your organization speed up revenue and create differentiated customer and channel experiences while reducing operations costs.
Overview
The Manufacturing Commercial Operations (MCO) product offers a single platform to manage your sales, support, and service operations. For example, you will be able to manage the end-to-end lifecycle of your products, subscriptions, and services including creating opportunities, generating quotes, contracts, and orders, resolving exceptions and disputes, supporting customer complaints and product or service quality issues, and enabling seamless channel operations.
Benefits
With Manufacturing Commercial Operations applications combined with ServiceNow workflows, your organization can speed up revenue, improve profitability and deliver exceptional customer and channel experiences.
To support end-to-end operations, Manufacturing Commercial Operations provides the following features, capabilities and applications.
- Accelerate growth with new subscriptions and services
-
Swiftly launch and manage new subscriptions and service offerings. Sales and order management applications including product & pricing catalog management, opportunity to order management, post-sales activities and customer lifecycle workflows on a single platform increases an organization’s responsiveness to meet rapidly changing customer expectations, market conditions, and emerging opportunities, translating into increased revenue potential.
- Improve agility and savings with automated exceptions workflows
-
Manufacturing Commercial Operations helps automate orders and invoice exceptions management processes by fusing customers, OEMs, channels, and other value chain partners with one system of engagement and action. Intelligent recommendations, workflows and orchestration help resolve issues and disputes quickly, yielding improvements in agent productivity, order delivery performance and cash collection cycles, thus boosting revenue and cash flow.
- Provide differentiated customer and channel experiences
-
Through Manufacturing Commercial Operations, manufacturers can offer seamless collaboration and enriched, personalized experiences to their customers and channel partners, fostering stronger partnerships and bolstering customer loyalty and retention. Omni-channel engagement, intelligent self-service capabilities, and proactive issues management and communications help not only increase loyalty but also improve overall brand value.
Key Features
In Manufacturing Commercial Operations, there are three major areas – Sales, Support, and Service. These areas collectively contribute to the effective sales of the company’s products and services. Manufacturing Commercial Operations aims to streamline, automate, and optimize these functions.
- Subscription and services lifecycle management
-
Connect end-to-end processes, verify customer contracts and entitlements at the point of service/sale, track and make post-sales changes, and proactively manage activations and potential loss of revenue. Manufacturers no longer have to rely on manual processes and legacy knowledge to manage activities across the various stages of pre-sales, sales, and post-sales processes (i.e., opportunity to renewal lifecycles). Additionally, these processes were optimized for product and parts sales and are not flexible enough to accommodate requirements of new subscriptions and services offerings.
- Order-to-cash exceptions and disputes management
-
Integrate with ERP and other point systems, capture requests from omni-channels, intelligently route the request to the right teams, and orchestrate the collaboration, resolution and approval processes. You will be able to monitor SLAs, progress, and provide proactive communications to all stakeholders increasing auditability and visibility to all stakeholders. Provide an easier way for manufacturers to manage change requests to the orders, deliveries, and invoices, avoiding major issues and disputes that are often manually handled and go through many hand-offs, and preventing customer frustration and loss of revenue and/or cash.
- Product quality Issues and post-sales services support
-
Integrate with other systems, make data available to the agent at the point of service, and communicate back and forth with customers, internal teams, and stakeholders seamlessly with configurable case types, playbooks, issues management workflows, and agent workspaces. Identify all impacted install base and communicate solutions and issue resolutions. Provide the best service to customers by resolving complaints and product quality issues on time, and avoid disconnect from internal teams such engineering, production, procurement, etc. With Manufacturing Commercial Operations, keep complete, consistent information on customers, install base, orders, warranty, contracts, entitlements, and products.
- Channel support operations
-
Provide self-service capabilities, support requests on products, subscriptions, and services, and provide proactive, consistent, and real-time communication. Define the organization, hierarchies, and relationships with the end customers with Service Model Foundation capabilities. Proactively send service requests to nearest the dealers and service providers for maintenance and repairs to streamline service processes such as warranty claims and recalls. Avoid frustration from channel partners, including dealers, service providers, and retailers, because of inconsistent, delayed and inadequate responses to their inquiries, requests, and issues.