A disruptive technology or disruptive innovation is any technology or innovation which leads to the appearance of products and services which preferably use a disruptive strategy over a conventional or dominant strategy, seeking to improve a company’s performance or productivity.
At a time when digital business is being transformed, companies must remain more alert than ever in their organisations to allow these new disruptive technologies to unleash improvements in productivity and customer experience.
Factory Data has spent more than 20 years investing in I+D in the field of auto parts data. Through all these years, but especially in the last five, we have developed disruptive technologies that allow our customers (manufacturers, rebuilders, distributors and wholesalers) to set themselves apart from their competitors and get higher results.
These are the main technologies we offer the auto parts industry:
Automatic improvement of web catalogue search engines. Companies which implement this technology have 20% more results in their customers’ searches made by reference numbers.
Detection of errors in auto parts databases and automatic updating of new data. The companies which use this technology eliminate the errors from their auto parts databases and keep their data up-to-date with minimal effort, allowing them to improve customer service, sell more and have fewer obsolete items.
Estimation of the level and trend in the demand for any product based on an aftermarket demand signal repository. Companies which use this technology know the sales potential for products they haven’t begun to commercialise yet and can also prepare for future obsolescence in advance.
Product assortment planning based on the level of demand for aftermarket products. Companies which use this technology can optimise their product assrortmen by incorporating the products with the most sales potential, or items which are just beginning to be demanded, and eliminate duplicate, unnecessary or already obsolete products. In this way, they raise their return on investment (ROI).
Live and totally transparent access to suppliers’ stocks. Companies which implement this technology can lower their stocks and raise their customer service level at the same time.
Hundreds of customers from over 18 countries, small wholesalers, big auto parts distributors or market-leading parts manufacturers, currently use our automotive parts data intelligence and Big Data technology. Would you like to improve the way you engage with data and products and take full advantage of market potential?
