Service offerings key to growth, survey shows

Posted on 17 Jun 2014 by The Manufacturer

Manufacturing companies focused on more advanced service offerings experience higher revenue growth and margins. according to new research.

The survey carried out by Noventum Service Management found that although fewer companies are focused on offering advanced services such as integrated solutions and customer business-related services, they are achieving higher growth than companies on product expansion. Despite nearly all of the 196 companies questioned focused on expanding product related service offerings, very few of…

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