Projects per year
Abstract
Recent developments in information technology and
business models enable a wide variety of new services for
companies looking for growth in services. Currently,
manufacturing companies have been actively developing and
providing novel asset based services such as condition
monitoring and remote control. However, there is still
untapped potential in extending the service delivery to
the long-term co-operative development of physical assets
over the whole lifecycle. Close collaboration with the
end-customer and other stakeholders is needed in order to
understand the value generation options. In this paper,
we assess some of the asset services manufacturing
companies are currently developing. The descriptions of
the asset services are based on the results of an
industrial workshop in which the companies presented
their service development plans. The service propositions
are compared with the Total Cost of Ownership and the
closed loop life cycle frameworks. Based on the
comparison, gaps that indicate potential for extended
asset service concepts are recognised. In conclusion, we
argue that the manufacturing companies do not recognise
the whole potential for asset based services and for
optimizing the performance of the end customers'
processes.
Original language | English |
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Pages (from-to) | 199-204 |
Journal | Management Systems in Production Engineering |
Volume | 25 |
Issue number | 3 |
DOIs | |
Publication status | Published - 2017 |
MoE publication type | A1 Journal article-refereed |
Keywords
- asset
- fleet
- extended asset services
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Dive into the research topics of 'Tapping the Value Potential of Extended Asset Services: Experiences from Finnish Companies'. Together they form a unique fingerprint.Projects
- 1 Finished
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S4FLEET: Service Solutions for Fleet Management
Kortelainen, H. (Participant) & Töytäri, P. (Participant)
1/01/15 → 31/12/17
Project: Business Finland project