For Manufacturers Of Wireless Equipment - To Repair, Refurbish And Redeploy Is To Pull A Profit Lever
Reverse Logistics is an un-tapped, yet significant, value and revenue stream that can quickly become a strategic weapon in the highly competitive wireless industry.
New Jersey - June 29, 2010 - Test Technology, a leading provider of repair and reverse logistics solutions for companies seeking to receive the best service and highest value from their supply chain, today announced that the time for the wireless industry to recognize greater value and revenues from their supply chains is now.
“By fixing existing wireless assets rather than buying or building new products; executives will pull a profit lever and increase overall operational value and save their organizations millions of dollars year-over-year,” said Linda Austin, Chief Executive Officer for TestTech. “Companies that tap this unknown revenue stream will also quickly assert themselves as savvy industry leaders, while at the same time increasing revenues and distancing themselves from their competition.”
With wireless communications becoming more and more of an essential part of everyday business, being at the forefront of wireless product refurbishment and redeployment is imperative to maintaining a company’s value chain. Test Tech understands the criticality of effective logistics management when it comes to wireless products and their role in maintaining the highest value across the supply chain and overall organization; and doing so at an affordable cost.
Bill Pollock, industry analyst and president of the Westtown, Pennsylvania-based services consulting firm, Strategies For GrowthSM, cites that "Many leading manufacturers/OEMs are already taking advantage of the opportunities offered by integrating the “three Rs” – namely repair, refurbishing and redeployment – into their product marketing mix. Due to the current volatile economic climate and the high cost of materials, leading manufacturers/OEMs have found that by providing these after-market services to customers – or by partnering with repair and refurb organizations that have the right mix of capabilities and expertise – they can keep their customers’ organizations up and running more cost-effectively without any degradation in performance. Most service organizations recognize the real value of the “three Rs” – they’re just looking for the right repair and reverse logistics solution partner to support them."
Some benefits of repairing and redeploying existing assets include:
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Decreased costs
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Increased monthly cost avoidance
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Establish processes that support the company’s emerging self-sparing program
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Deliver better than 99.9% accuracy on all SLA ’s
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Increase customer service levels
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Have a the ability to quickly adapt to changing business requirements and scale globally
Austin continues, “With so many years of experience providing component level repair of highly complex wireless and electronic devices; we consider ourselves the experts in the field and our customers always receive a level of performance that exceeds their expectations in terms of recovery rates (yields), turnaround times and reduced return rates from the field.”
About Test Technology
TestTech’s reverse logistics and service solutions are uniquely developed for each client’s needs and deliver the highest possible value. The company has a proven 25-year track record working with leading companies, is easy to work with and consistently exceeds customer expectations. TestTech’s offerings deliver a level of value and convenience that enable its partners to more clearly focus on their core competencies; resulting in an increase in productivity and a decrease in costs, while helping establish a more productive supply chain. For more information, please visit www.testtech.com, call 856.596.0900 or write to value@testtech.com.
Contact: Peter Nilsson
Tel: 858.880.5466
Email: peter@performpr.com
