Remanufacturing – Reasons that Make a Rebirth for Old Parts Valuable to Businesses

“Remanufacturing is a standardized industrial process by which a previously sold, worn or non-functional product is returned to the equivalent, or better, condition and function of the new original product. The remanufacturing process incorporates technical specifications and yields a fully warranted product.”– ISO. The remanufactured automotive parts industry is estimated to be an approximate $85-100 billion industry worldwide, as per the reports from the Office of Transportation and Machinery, U.S. Department of Commerce (2011). Let us analyze the reasons that make remanufacturing valuable to businesses. Low-priced: Automotive Parts Rebuilders Association (APRA) suggests that about 88% of the original parts are reused in remanufactured machines. Remanufactured products are priced 20-40% lower than equivalent new products and come with an equivalent version of warranty terms. New product warranties cost 1-4% of its sales revenues, and if you do the math, an equivalent remanufactured warranty cost is lesser for the OEMs. The remanufacturing process usually begins with the OEM’s exchange policy to push new product sales and product returns from warranty programs. Lack of new parts, retention of old technology or up-gradation of technology into old parts and environmental consciousness are other incidents that trigger remanufacturing. As Good As New: A remanufactured part goes through the same level of processing and testing as a new product and often turns out to be better than the original. Remanufacturing a part created ten years ago will always give us the advantages of the technology & engineering improvements, giving us apart with improved specifications. While new parts like transmission come with a year’s warranty, a remanufactured equivalent comes with a 3-year warranty. The remanufacturing process comprises of rigorous testing and sorting where broken/worn parts that do not match industry standards is discarded. The selected parts are cleansed/inspected and fabricated where new components are installed and reassembled. The final product undergoes an even more strenuous testing process including visual inspection and mechanical tests such as decay testing, gauging and crack detection. Collecting, inspecting, disassembling and replacement/reprocessing worn-out parts are some basic steps to be followed as per ISO standards (ISO/TS/P 239 is the quality standard followed for remanufacturing). This process is backed with robust documentation and appropriate warranty issuance. Such an established process ensures a certain level of quality. Compensates for new part demand: OEMs tend to stock spare parts that are fast-moving. These fast-moving parts are manufactured after a lot of planning –planning involves identifying market demand, accounting for buffer stock and plan for setups at the shop floor to manufacture parts in huge quantities. Slow-moving parts fit into fewer machines and are not produced in small quantities as the costs associated are higher. This demand gap is met by remanufactured parts. Meeting the demand on time translates into reduced machine time and improved customer satisfaction for the OEMs. Sustainable Manufacturing Methods: In remanufacturing, the parts are closely inspected for reuse and undergo multiple steps of cleaning, segregation and reprocessing before it is fitted into the main machine. This way, the chances of parts directly reaching landfills are reduced. Since remanufacturing encourages reuse and reprocess of existing parts, this saves the energy and water consumption required to produce new parts. It also reduces the impact of emissions and effluents as a by-product of manufacturing. Remanufacturing extends the life of existing parts and ensures that sustainable manufacturing methods are followed. Benefitting from an economical, qualitative and sustainability perspective, Remanufacturing is making new inroads in the industry and is here to stay.
Tavant Hosts Salesforce Lightning Developer Meet
Bangalore, India, March 14, 2015– Tavant, a leading global provider of specialized software solutions, announced today, that over 300 Salesforce developers rallied to get hands-on with Salesforce Lightning tools in the ‘Lightning Developer Meet’ hosted at Tavant’s Bangalore office on Saturday, March 14. Tavant’s developers created an exclusive registration app to automate the registration process. The Meet was part of the ‘Lightning Developer Week’ tour – organized by Salesforce, to introduce developers to Salesforce1 Lightning – a platform that enables build apps, fast and easy. The Meet included a packed agenda of Salesforce1 Lightning overview, demo, and tutorials. It also provided an opportunity for networking and socializing. Tavant’s involvement in the Lightning Developer Week is a reiteration of its focus on developing cutting-edge solutions on Salesforce platform. In mid-2014, the company launched ‘Tavant Warranty On-Demand’ on Salesforce1 Platform. The product brought together Force.com’s proven technology with Tavant’s domain and industry expertise in the aftermarket space. About Salesforce Lightning Salesforce Lightning provides a component framework and a new set of tools for developers and users to build apps, integrate data, and automate business processes faster. It enables seamless access to data from external sources, side-by-side with Salesforce data.
Tavant Co-Sponsors Warranty Chain Management Conference 2015
Santa Clara, Calif., March 2, 2015: Tavant, a leading global provider of specialized software solutions & services, announced that it is co-sponsoring the Warranty Chain Management Conference (WCM) in Miami, Florida, from March 10 to March 12, 2015. Tavant will co-present two key papers at the conference on March 11: 1. ‘Self-Diagnostics’ by Rohit Lohan from Tavant Technologies along with James Dooty from NACCO Material Handling Group 2. ‘A Warranty System Upgrade for a Robust Solution’ by Moshe Devarapalli from Tavant Technologies along with Steve Chong from Ingersoll Rand These presentations, in line with Tavant’s commitment to share warranty management best practices, address the rapidly growing demand for effective warranty management. Tavant will be showcasing its flexible enterprise Warranty Management System – Tavant Warranty along with Fraud Analytics Solution, and Tavant Warranty On-Demand – its cloud based offering on Force.com platform. Tavant Warranty is a web-based, full-lifecycle warranty solution that brings together OEMs, suppliers and service channel partners in a real-time environment. The solution has proven benefits enabling reduction in warranty spends, elimination of fraudulent claims, reduction in claim processing time, increase in supplier recovery and the capability to make informed decisions based on dynamic warranty intelligence reports. “WCM provides a great opportunity for warranty professionals to learn more about improving customer satisfaction and reducing warranty expense through better warranty management,” said Vibhor Mishra, Director Marketing, Tavant Technologies. “We will presenting key success stories along with our customers at our booth. Delegates can also see a demo of our new on demand version of the solution.” Meet our experts at Booth #8, Hilton Miami Downtown or call us on 415-692-0346 to schedule a meeting.
GEOSYS, Tavant Announce Preferred Partner Agreement
PLYMOUTH, Minn. & SANTA CLARA, Calif., April 9, 2014: GEOSYS Inc., the global leader in remote sensing for agriculture and Tavant Technologies, a global technology solutions company involved in some of the latest GEOSYS innovations, announced today a preferred partner agreement. The agreement recognizes the success both businesses have experienced working together on GEOSYS products; the award-winning R7® Tool iPad app developed for WinField Solutions is the most recent example. R7® has received the 2013 FINovation award from Farm Industry News and the Agricultural Retailers Association Technology Award presented in partnership with AgGateway. “The collaboration with Tavant is a prime example of GEOSYS working with best in class experts to help increase our ability to deliver innovations for customers. Getting the power of the tools we have developed into the hands of the users is critical to our success. Tavant helps us deliver”, said Norm Davy, vice president of GEOSYS. GEOSYS will continue to leverage Tavant expertise to develop new innovative applications for advancing its decision support tools for agriculture. “Our leading edge technology expertise, particularly in Mobility and Big Data, and deep understanding of the agricultural technology industry has enabled us to turn complex data and processes into actionable tools for our customers,” said Manish Arya, CTO of Tavant Technologies. “We are excited about this strategic partnership. It formalizes our working relationship and recognizes that each company benefits from this dynamic collaboration.” Terms of the agreement were not disclosed. About GEOSYS Inc.: GEOSYS is a worldwide leader with precision agriculture decision support tools that make use of the latest research results in agronomics, and information technologies that include GIS and remote sensing. These tools range from worldwide risk management and supply monitoring of ag commodities for agribusiness with GEOSYS AgriQuest Solutions™ to GEOSYS FarmSat Solutions™ that help farmers make decisions inside the field with precision farming and variable rate input application maps. GEOSYS has offices in Europe (Toulouse, France), North America (Minneapolis, Minn.), Australia (Melbourne, Victoria) and, most, recently South America (Sao Paulo, Brazil).
Tavant Co-Sponsors of Warranty Chain Management Conference
Santa Clara, CA March 7, 2014: Tavant, a leading global provider of specialized software solutions & services, is a co-sponsor of The Warranty Chain Management Conference (WCM) which is being held in San Diego, California, from March 11 to March 13, 2014. At the event, Tavant subject matter experts will be presenting papers on important areas of Warranty Management. The company will be showcasing its flexible Tavant Warranty Solution along with Warranty BI, Warranty on Mobile and Cloud offerings. They will be co-presenting papers with their select customers on some of the key areas of service operations management such as Building Material Warranties and Rules Based Warranty Systems. Tavant Warranty is a web-based, full-lifecycle warranty solution which brings together OEMs, suppliers and service channel partners in a real-time environment. The result – streamlined processes, improved profitability through reduced warranty costs and reserves, positive customer experience, and enhanced brand value. The annual event provides a forum for Warranty Professionals and Executives to meet and discuss warranty related issues and develop warranty management as a recognized discipline. Tavant is among the key participants & sponsors of the conference since 2006. About Tavant Technologies Headquartered in Santa Clara, California, Tavant Technologies was Founded in 2000and is a specialized software solutions & services provider that leverages its expertise to provide impactful results to its customers across North America, Europe, and Asia-Pacific. Having leveraged its unrivalled capabilities and domain insights to create game changing results for leading businesses across chosen industry micro-verticals, Tavant Technologies is known for long-lasting customer relationships, engineering excellence and passionate employees. The Company employs over 1000 people and has been recognized as Top 25 Best Companies to Work For 2007, 2009 & 2012, and is ISO 27001, CMMI Level 4, SAS 70 Type II & Microsoft Certified Partner.
Tavant to Attend the Casual Connect 2013, San Francisco.
Santa Clara, CA, July 16, 2013 : Tavant, a leading Software solutions provider to the Interactive Entertainment Industry, today announced that it will be present at the 2013 Casual Connect to be held during July 30 – August 1, at the Hilton San Francisco Union Sq. in San Francisco, California. At the event, Tavant subject matter experts will be sharing best practices and the technology know-how on developing advanced online, social, and mobile games. The team will also be having in-depth discussions with the delegates and industry peers on technology areas such as developing gaming platforms, community websites, online stores, and analytics systems for casual game development. The experts will be sharing success stories on how Tavant is helping top gaming companies develop solutions for monetizing content, providing detailed analytics and simplifying transactions. As a development partner for companies building social and mobile games using leading-edge technologies, Tavant handles both cross-platform UI and backend services. Tavant manages all technical aspects of game development while the studio retains full control over the game design and art style. To schedule a meeting with us, send an email us at [email protected] About Casual Connect Casual Connect USA is produced by the Casual Games Association and is the premiere event for the casual games industry with over 5,500 professionals attending each year. Casual Connect brings the most talented and knowledgeable experts in the casual gaming field together to further the casual games industry with the best networking and learning opportunities. About Tavant Technologies Tavant Technologies is a specialized software solutions & services provider that leverages its expertise to provide impactful results to its customers. We have leveraged our unrivaled capabilities and domain insights to create game changing results for leading businesses across chosen industry verticals. We are known for our long-lasting customer relationships, engineering excellence and passionate employees. Founded in 2000, we are headquartered in Santa Clara, California and service customers across North America, Europe, and Asia-Pacific.
Tavant Invited to Speak at the Warranty Chain Management Conference in San Diego.
Santa Clara, CA, March 11, 2013: Tavant, a leading software solutions and services provider, today announced that it has been invited to speak at the Warranty Chain Management Conference March 12-14, San Diego, California. The 9th Annual Warranty Chain Management Conference is the largest international warranty and service contract conference and provides a forum for warranty professionals and executives to meet and discuss warranty related issues and develop warranty management as a recognized discipline. Tavant experts will be presenting papers jointly with customers on important areas of service management such as: Identifying a Value Driven Warranty Solution, Supplier Cost Recovery and Integrating Service Contracts, Fleet Management & Warranty. Tavant will also be showcasing its web-based, real-time, full-lifecycle and flexible pricing model-based warranty solution that helps reduce spends, eliminate fraudulent claims and reduce claim processing time substantially. About Tavant Technologies Tavant Technologies is a specialized IT solutions & services provider that leverages its expertise to provide impactful results to its customers. We have leveraged our unrivaled capabilities and domain insights to create game changing results for leading businesses across chosen industry micro-verticals. We are known for our long-lasting customer relationships, engineering excellence and passionate employees. Founded in 2000, we are headquartered in Santa Clara, California and service customers across North America, Europe, and Asia-Pacific.