Every year, level of demand for different existing vehicle parts varies depending on market needs. For this reason, it is very important monitorize demand to detect as soon as possible, parts that are becoming obsolete, as well as those news with increasing and high demand, which you should incorporate into your range.
We have already spoken on several occasions that vehicle in operation (VIO) data is of very little or no use for decision making when we analyze product types that are neither wear nor maintenance, or belong to application segments such as : Industrial, Agricultural or Marine. Blog.
Thanks to the Business Analytics and Intelligence, NEO system, we are going to detect the products from different product types, which have had the greatest positive variation in their demand during the year 2023:
We can see that demand is a variable that has a clear trend and that therefore you can use it as an important criterion to create an efficient product range according to market demand and that maximizes the level of customer service.
If you want to analyze your own webshop or ERP demand and/or the global demand by countries, for any product, regardless of the applications and especially for products that are neither maintenance nor wear, NEO system is the best way!