Affordability Assessment of Industrial Product-Service System in the Aerospace Defence Industry

Date published

2009-04-01

Free to read from

Supervisor/s

Journal Title

Journal ISSN

Volume Title

Publisher

Cranfield University Press

Department

Type

Conference paper

ISSN

Format

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.

Description

Organised by: Cranfield University

Software Description

Software Language

Github

Keywords

Product-Service System, Aerospace Defence Industry, Affordability Assessment, Affordability Index, Affordability Capability Tool

DOI

Rights

Copyright: Cranfield University 2009

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Relationships

Supplements

Funder/s

Mori Seiki – The Machine Tool Company