It is January 2023, and we are in an inflationary period. There is much talk about entering a recession. And businesses are conserving cash, reducing inventory, and trying to find new ways of generating profitable business. In my latest Thomas Industry Updates article, For Industrial OEMs, 2023 Is the “Year of Equipment Life Extension,” I write about another thing you can do to generate significant cash while helping your customers stay in business. But, to understand this opportunity, you must walk in your customers’ shoes. The opportunity is to either enter or grow your remanufacturing business.

Related article How OEMs Generate Revenue, Profit from Remanufacturing 

About Middlesex Consulting

Middlesex Consulting helps our B2B product manufacturing clients grow their services revenue and profitability by applying the methodologies and techniques associated with Customer Value Creation and Customer Experience professions to assist its clients in designing and commercializing new services and the associated business transformations. Contact Sam here.

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