2024 marks the 12th edition of Copperberg's Spare Parts Business Platform, establishing it as the singular meeting point for the spare parts community in Europe, boasting a decade of experience.

In the ever-evolving landscape of spare parts, creating genuine profitability is a paramount challenge. Crafting a pricing and sales strategy that aligns seamlessly with broader objectives is essential. For those navigating distributor networks, the question arises: How do you sell spare parts in a manner that continues to contribute significantly to your bottom line?

As we approach the 12th edition, it's crucial to acknowledge the emerging trends within spare parts, particularly in transactional sales and embedded value. These two facets represent critical areas within spare parts, constituting a substantial portion of profitability. Interestingly, this segment needs to thrive even as the spare parts market is projected to decrease in size due to factors such as electrification.

Building resilience has taken center stage, given the potential for disruption from macro-environmental changes. Insights derived from data, end-to-end visibility of the supply chain, real-time decision-making based on inventory, and transparency of the installed base have become imperative.

These critical aspects, along with more, will be thoroughly explored in our annual meet-ups, both in person and virtually. Join the most crucial parts community this year as we navigate the challenges and opportunities within the spare parts industry.