Abstract
Successful implementation of product-service system (PSS) as business strategy has proven lucrative through many industry examples. However, companies should tread carefully before committing to a costly restructuring towards PSS business creation. This paper claims that before a company moves from being a product to a product-service provider they should carefully consider internal and external aspects with regard to their organization, their market and their network. The paper proposes a three step process labelled the Evaluate-Decide-Execute approach; an approach that should enable the company to first evaluate the foundation for PSS, and then decide whether to commit to this course, and finally execute the transformation.
Original language | English |
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Title of host publication | The Philosopher's Stone for Sustainability : Proceedings of the 4th CIRP International Conference on Industrial Product-Service Systems |
Editors | Yoshiki Shimomura, Koji Kimita |
Number of pages | 6 |
Publisher | Springer |
Publication date | 2012 |
Pages | 233-238 |
ISBN (Electronic) | 978-3-642-32847-3 |
DOIs | |
Publication status | Published - 2012 |
Event | 4th CIRP International Conference on Industrial Product-Service Systems - Tokyo, Japan Duration: 8 Nov 2012 → 9 Nov 2012 |
Conference
Conference | 4th CIRP International Conference on Industrial Product-Service Systems |
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Country/Territory | Japan |
City | Tokyo |
Period | 08/11/2012 → 09/11/2012 |
Keywords
- Organizational issues for PSS
- Servitization
- PSS development
- Maritime industry
- Barriers for PSS
- PSS
- Product life
- Design
- Integrated product development
- Product/service-systems
- Service design
- Product life thinking
- Product development
- Product/service-system