Citation:
O.O. Bankole, R. Roy, E. Shehab, P. Wardle, Affordability Assessment of Industrial Product-Service System in the Aerospace Defence Industry, Proceedings of the 1st CIRP Industrial Product-Service Systems (IPS2) Conference, Cranfield University, 1-2 April 2009, pp230
Abstract:
The Industrial Product-Service System (IPS2) takes a whole life cycle view in order to consider the total cost
of the IPS2 offering. This paper focuses on the concept of customer affordability which aims to review
current practice in industry and with interaction between customer and solution providers to identify factors
affecting affordability. It secures a standard definition and proposes a measurement technique called the
Affordability Index (AI) within the aerospace defence industry. A preliminary Affordability Capability Audit
Tool is developed to give an indication of the confidence level about the AI. It identifies challenges in
industry and outlines opportunities for further research scope.
