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• W1538264056 abstract "Purpose - The purpose of this paper is to shed light on the operational principles that can be applied when offering integrated solutions of both products and services, i.e. product-service systems (PSS). Manufacturing companies that start pursuing a service oriented strategy face many new challenges. We investigate which well-known operational principles can be of merit to these companies and how these principles can be put to action.Design/methodology/approach - The paper reports on the main findings of a structured return on invested capital (ROIC) analysis. We cascaded the ROIC metric into a limited set of core operational drivers. We then identified operational practices which could be applied to improve the ROIC by influencing the operational drivers. The operational practices were distillated from a close collaboration with a manufacturing company that pursues a product-service strategy.Findings - Five generic strategic guidelines are formulated and translated into a wide range of operational practices.Research limitations/implications - The paper provides a range of operational practices in the PSS business. Many of these practices are based on well-known operational principles but still need further elaboration with respect to the interrelationships between products and services.Practical implications - The five service operations strategies can guide practitioners in their quest for operational excellence in the field of PSS.Originality/value - Our main contribution is that we prove the usefulness of generic operational principles and translate them into clear guidelines to be applied for companies offering product-service systems." @default.
• W1538264056 created "2016-06-24" @default.
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• W1538264056 date "2010-01-01" @default.
• W1538264056 modified "2023-09-30" @default.
• W1538264056 title "Product Service Systems: Exploring Service Operations Strategies" @default.
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• W1538264056 doi "https://doi.org/10.2139/ssrn.1620233" @default.
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