Add service, add value: developing new revenue with manufacturing services

Posted on 15 Jun 2017 by Jonny Williamson

An overview of the insights gleaned from an exclusive roundtable event hosted as part of The Manufacturer Director’s Forum and sponsored by Salesforce.

Offering value-added, contract-based services enables a company to even out ‘peak and trough’ cash flows and generate more predictable, secure revenue streams. “The most exciting paradigm in UK manufacturing currently.” That’s how one attendee described servitization – i.e. the growing trend for manufacturers to shift their focus away from products to…

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