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Business Transformation in the manufacturing industry

  • Companies in the manufacturing industry are shifting towards a more service-oriented business model. One major challenge of this transformation is the information exchange between the different stages of the product-service-lifecycle. We extend the existing body of knowledge by conducting an empirical study in the German manufacturing industry, addressing the cause-effect relationship between 1) information gathering over the product-service-lifecycle, 2) data analytics 3) interpretation and use of new information and 4) distribution of new product related information and the impact of these four aspects on performance. The analysis reveals five different success factors with a significant impact on innovation and operation excellence. The implications from our research can help to develop new and more practical oriented Lifecycle-Product-Service-System approaches on the one hand. On the other hand it enables companies to focus on activities leading to higher service efficiency. Creating new stimuli will transform their existing business model to a more service-oriented one.

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Metadaten
Author:Günther SchuhORCiDGND, Gerhard GuderganGND, Boris Alexander FeigeGND, Achim BuschmeyerGND, Denis KrechtingGND
DOI:https://doi.org/10.1016/j.procir.2015.02.133
ISSN:2212-8271
Parent Title (English):PSS, industry transformation for sustainability and business. Proceedings of the 7th CIRP Conference on Industrial Product-Service Systems
Subtitle (English):How information acquisition, analysis, usage and distribution affects the success of Lifecycle-Product-Service-Systems
Series (Serial Number):Procedia CIRP (30)
Publisher:Elsevier
Place of publication:Amsterdam [u. a.]
Editor:Xavier Boucher, Daniel Brissaud
Document Type:Conference Proceeding
Language:English
Date of Publication (online):2023/07/31
Date of first Publication:2015/05/20
Release Date:2023/09/06
Tag:business transformation; service lifecycle management; servitization; success factors
GND Keyword:ErfolgsfaktorGND
First Page:335
Last Page:340
FIR-Number:SV6414
Name of the conference:7th CIRP Conference on Industrial Product-Service Systems
place of the conference:St. Etienne, Frankreich
Date of the conference:20.05.2015
Institute / Department:FIR e. V. an der RWTH Aachen
Business Transformation
Dewey Decimal Classification:6 Technik, Medizin, angewandte Wissenschaften / 62 Ingenieurwissenschaften
Licence (German):License LogoCreative Commons - CC BY-NC-ND - Namensnennung - Nicht kommerziell - Keine Bearbeitungen 4.0 International