Entytle has launched its innovative Aftermarket – Quote Agent, designed specifically for B2B original equipment manufacturers (OEMs). This new solution aims to simplify the often complex and time-consuming process of aftermarket parts sales. By utilizing advanced GenAI technology, the Quote Agent quickly processes requests in various formats, reducing errors and speeding up response times. It integrates crucial customer and product data, ensuring accurate and reliable quotes. This step is vital for optimizing aftermarket operations, which can offer significantly higher profit margins compared to new equipment sales. As part of Entytle’s commitment to automation in the aftermarket space, the Quote Agent represents a significant advancement towards a more efficient, data-driven future for OEMs.
Entytle Launches Revolutionary Aftermarket Quote Agent for B2B OEMs
In a significant move to enhance Aftermarket Operations, Entytle has revealed its latest innovation—the Aftermarket Quote Agent. This new tool is designed specifically for B2B Original Equipment Manufacturers (OEMs) to streamline their quoting processes. By reducing manual errors and saving time, the Quote Agent addresses the common challenges faced in this sector.
The Importance of Aftermarket Sales
Aftermarket parts and services represent a key revenue stream for B2B OEMs. According to a report by Deloitte, these transactions often yield margins that are 150% higher than new equipment sales. However, navigating the complexities involved in aftermarket transactions can be challenging. Teams must deal with various machinery from different generations and ensure that the correct parts or services are matched with the right equipment. This is especially crucial as machinery is frequently upgraded, requiring precise recommendations to maintain compatibility.
Complicating matters further, most inquiries about aftermarket parts come through unstructured formats such as emails and phone calls. With nearly 70% of orders starting in these formats, teams must manually interpret, retrieve, and respond to requests, making the process slow and prone to errors.
How the Quote Agent Works
Entytle’s Quote Agent leverages Generative AI to streamline incoming requests, allowing for faster and more accurate processing. It can handle requests in any format, ensuring that vital information is extracted efficiently. Once this information is captured, it is integrated with reliable Installed Base data. This means quotes will include accurate customer details, correct part names, and precise pricing, delivering trustworthy results.
A user-friendly interface simplifies the quote review process. This allows teams to easily compare different recommendations and provide feedback for the continuous improvement of the AI model. Over time, the system is expected to evolve toward a fully autonomous order management solution that speeds up processes and enhances efficiency.
Pooja Dalvi, the Senior Product Manager at Entytle, commented on the innovation: “Our mission at Entytle has always been to empower OEMs with intelligent, data-driven solutions. The launch of our Quote Agent is a significant milestone in our journey towards an autonomous aftermarket.”
Join the Webinar
For those interested in learning more, Pooja Dalvi will be hosting a live session titled “GenAI Driven Parts Quoting: Smarter, Faster Aftermarket” on February 13, 2025. This exclusive webinar will cover how AI-powered agents can improve quoting accuracy and boost productivity in the aftermarket space. Don’t miss out—register now!
Looking Ahead
Entytle continues to move forward with strong interest from existing clients and collaborations that aim to revolutionize industrial aftermarket automation. The company’s framework for AI agents goes beyond individual solutions, providing a comprehensive platform that can support multiple agents handling both structured and unstructured data.
For more insights or to share your thoughts, feel free to reach out at the provided contact.
Tags: Aftermarket Operations, B2B OEMs, Select Parts, Generative AI, Quote Management, Automation Solutions
What is the AI-Powered Quote Agent from Entytle?
The AI-Powered Quote Agent from Entytle is a tool designed for industrial original equipment manufacturers (OEMs). It helps sales teams quickly create accurate quotes for customers by using artificial intelligence. This tool saves time and reduces errors.
How does the Quote Agent improve the quoting process?
The Quote Agent speeds up the quoting process by analyzing customer needs and product information. It understands past orders and pricing, making it easier for salespeople to generate quotes. This means faster responses for customers and increased efficiency for businesses.
Who can benefit from using the Quote Agent?
The Quote Agent is mainly for industrial OEMs. Businesses that often deal with quotes for complex products will find it helpful. It benefits sales teams and customer service representatives who need to provide quick and accurate pricing.
Is the AI-Powered Quote Agent easy to use?
Yes, the Quote Agent is user-friendly. It is designed so that sales teams can start using it with little training. The interface is intuitive, making it easy to navigate and create quotes quickly.
Can the Quote Agent integrate with existing systems?
Absolutely. The AI-Powered Quote Agent can integrate with many existing systems that OEMs already use. This means businesses can enhance their current processes without having to start from scratch, making the transition smooth and efficient.