What does service management mean?

Definitions for service management
ser·vice man·age·ment

This dictionary definitions page includes all the possible meanings, example usage and translations of the word service management.

Wikipedia

  1. Service management

    Service management in the manufacturing context, is integrated into supply chain management as the intersection between the actual sales and the customer point of view. The aim of high-performance service management is to optimize the service-intensive supply chains, which are usually more complex than the typical finished-goods supply chain. Most service-intensive supply chains require larger inventories and tighter integration with field service and third parties. They also must accommodate inconsistent and uncertain demand by establishing more advanced information and product flows. Moreover, all processes must be coordinated across numerous service locations with large numbers of parts and multiple levels in the supply chain. Among typical manufacturers, post-sale services (maintenance, repair, and parts) account for less than 20% of revenue. But among the most innovative companies in service, those same activities often generate more than 50% of the profits.

Wikidata

  1. Service management

    Service management is integrated into supply chain management as the intersection between the actual sales and the customer. The aim of high performance service management is to optimize the service-intensive supply chains, which are usually more complex than the typical finished-goods supply chain. Most service-intensive supply chains require larger inventories and tighter integration with field service and third parties. They also must accommodate inconsistent and uncertain demand by establishing more advanced information and product flows. Moreover, all processes must be coordinated across numerous service locations with large numbers of parts and multiple levels in the supply chain. Among typical manufacturers, post-sale services comprise less than 20 percent of revenue. But among the most innovative companies in Service, those same activities often generate more than 50 percent of the profits.

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Numerology

  1. Chaldean Numerology

    The numerical value of service management in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of service management in Pythagorean Numerology is: 3


Translations for service management

From our Multilingual Translation Dictionary

  • ಸೇವಾ ನಿರ್ವಹಣೆKannada
  • సేవా నిర్వహణTelugu

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"service management." Definitions.net. STANDS4 LLC, 2024. Web. 19 Mar. 2024. <https://www.definitions.net/definition/service+management>.

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