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Warranties are Worth a Closer Look
Effective Warranty Management Has a Considerable Impact on the Bottom Line Asset intensive companies have an untapped opportunity: optimize warranty processes and reap both financial and operational benefits. Warranty claim revenue is just the beginning. Improved asset reliability and production and better supplier decisions are the ultimate rewards. Historically, warranty management has been a paper-based, manually intensive administrative task – the kind that is commonly relegated to a nonessential role.