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          Capabilities of Warranty Lifecycle Management

          Capabilities of Warranty Lifecycle Management

          Use the capabilities of Warranty Lifecycle Management in Manufacturing Cloud to achieve various business outcomes.

          Required Editions

          Available in: Enterprise, Unlimited, and Developer Editions
          Key Business Outcome Capability
          Manage warranties for products and assets
          • Define comprehensive warranty entitlements including labor, parts, and expenses covered and exchange types
          • Establish thorough terms on warranty eligibility based on product usage, warranty duration, and more
          • Assign warranties to products, product families, and assets
          • Extend or restrict warranty term coverage based on product defect, labor service required, or causal part of the product
          • Define exclusions, void terms, and extensions for the coverage of warranties assigned to specific assets
          Establish robust service operation standards
          • Create standard codes to describe product defects, labor services, expenses, and other operations
          • Map the combinations of product defects with the different labor services that can rectify them
          • Apply consistent standards while defining warranty terms and adjudicating warranty claims
          Capture warranty claims from partners and distributors
          • Accurately investigate product defects with detailed information on defective assets, causal parts, and product fault codes
          • Get visibility into existing warranty coverages to verify claim eligibility
          • Track expenses incurred, labor services performed, and parts replaced to rectify the asset
          • Associate stakeholders involved with a warranty claim to solicit additional information
          • Let partners effortlessly create warranty claims on the Manufacturing Experience Cloud site
          Manage the return process for service parts
          • Review a warranty claim and request for one or more of the replaced parts to be returned to you.
          • Specify the pick up and destination locations for the damaged part.
          Set up process automation to adjudicate warranty claims
          • Build a flexible adjudication process that meets your company’s needs by using process automation tools
          • Reduce subjectivity and processing time for claim adjudication
          • Quickly perform administrative tasks
          Adjudicate warranty claims manually
          • Review warranty claim details and adjudicate the claim from a single page
          • Determine approved payouts for every expense incurred, labor service performed, and part replaced to repair the asset
          • Audit warranty claims processed by automation workflow or other claim adjudicators
          • Verify approved claimed amounts for warranty claims with significant financial implications
           
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