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Authors:M. Steven: Faculty of Management and Economics, Ruhr-University Bochum, Germany
A. Richter: Faculty of Management and Economics, Ruhr-University Bochum, Germany
Publication title:Hierarchical Planning for Industrial Product Service Systems
Conference:Proceedings of the 2nd CIRP IPS2 Conference 2010, 14-15 April, Linköping, Sweden
Publication type: Abstract and Fulltext
Issue:077
Article No.:019
Abstract:Industrial Product Service Systems (IPS²) are an innovative business model for engineering enterprises, integrating products and services. A substantial portion of later operating costs is determined by decisions in the design phase. This leads to a hierarchical problem structure: On the strategic planning level, configuration of IPS² is accomplished regarding customers’ requirements and uncertainties. Revenues and (adaptation) costs during the subsequent delivery phase have to be anticipated. The operative planning level is concerned with the use of a given IPS². Later changes of business models are only possible within the scope of the strategic plan. The more uncertainties strategic planning faces, the more flexibility has to be provided in order to assure a successful coordination of both levels.
Language:English
Keywords:Strategic Planning, Flexibility, Hierarchical Planning, Uncertainty, Cost Model
Year:2010
No. of pages:7
Pages:151-157
ISBN:978-91-7393-381-0
Series:Linköping Electronic Conference Proceedings
ISSN (print):1650-3686
ISSN (online):1650-3740
File:http://www.ep.liu.se/ecp/077/019/ecp10077019.pdf
Available:2012-10-11
Publisher:Linköping University Electronic Press, Linköpings universitet

REFERENCE TO THIS PAGE
M. Steven, A. Richter (2010). Hierarchical Planning for Industrial Product Service Systems, Proceedings of the 2nd CIRP IPS2 Conference 2010, 14-15 April, Linköping, Sweden http://www.ep.liu.se/ecp_article/index.en.aspx?issue=077;article=019 (accessed 7/29/2014)