Prognostic Health Management of Service Parts for Leading Automotive Major
LTM’s Leni bespoke prognostic solution helped a leading automotive company predict status and expiration of service parts and set up a proactive channel for timely communication
Mar 01, 2021
Client
The client is a leading Fortune 500 Automotive Major based in US.
Challenges
Reactive service parts maintenance process resulting in reduced lifetime of vehicle and spare parts.
Processing of humongous amount of scattered data across CRM, vehicle, service warranty and telematics.
No means of proactive communication with dealers and customers on expiration of service parts.
LTM Solution
Triangulated telematics, vehicle and service warranty data to predict remaining useful life and expiration of service parts.
Designed a prognostic solution to determine end of usefulness and predict failures on maintenance parts and fluids.
Identified and categorized pending expirations by VIN and service part.
Share real-time email notifications to dealers and clients on predicted expirations.
Business Benefits
Automated mailers and notifications to dealers and customers on expiration and repairs.
Increased maintenance efficiency with proactive alerts.
Reduction in reactive maintenancerelated labor costs.