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Servitization And Circular Economy
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Book Synopsis Servitization and Circular Economy by : Bert Keirsbilck
Download or read book Servitization and Circular Economy written by Bert Keirsbilck and published by Consumer Competition & Market Series. This book was released on 2023-05-19 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book identifies economic and behavioral drivers and barriers of servitization as well as the main legal challenges in the servitization process (i.e. using products (æservitizationÆ, æaccess-based consumptionÆ).
Book Synopsis The Road to Servitization by : Alessandro Annarelli
Download or read book The Road to Servitization written by Alessandro Annarelli and published by Springer. This book was released on 2019-05-28 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book describes state-of-the-art product service systems, and provides a framework to categorize the knowledge surrounding these systems. It discusses the evolution and spread of the servitization model across industries, and explores its current and most relevant applications in industry. Further, the book highlights the model’s strategic value for business and management, operations, and sustainability and shows readers how to enhance service design and implementation. The contributors provide the theory behind servitization as well as the evidence for it, and report practical and industrial lessons learned. Illustrations, charts, and tables effectively guide readers through real-world and potential applications of product service systems, and case studies describing how companies have innovated and developed award winning business models are also included. Moreover, the book exhibits the selection and implementation policies for product service systems in different industrial environments. Providing comprehensive information on the product service system phenomenon, this book is essential reading for researchers and practitioners in the product service and business industries. It is also of interest to students and lecturers in business strategy and service management, as it shows the latest trends shaping the modern contexts in which companies operate.
Book Synopsis Business Models for the Circular Economy Opportunities and Challenges for Policy by : OECD
Download or read book Business Models for the Circular Economy Opportunities and Challenges for Policy written by OECD and published by OECD Publishing. This book was released on 2019-04-03 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: Natural resources, and the materials derived from them, represent the physical basis for the economic system. Recent decades have witnessed an unprecedented growth in demand for these resources, which has triggered interest from policy makers in transitioning to a more resource efficient and ...
Author :Johannes Matschewsky Publisher :Linköping University Electronic Press ISBN 13 :9176850919 Total Pages :120 pages Book Rating :4.1/5 (768 download)
Book Synopsis Effective and efficient design and provision of product-service systems by : Johannes Matschewsky
Download or read book Effective and efficient design and provision of product-service systems written by Johannes Matschewsky and published by Linköping University Electronic Press. This book was released on 2019-04-10 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world manufacturing companies operate in is changing. In the past, these companies relied on the design and sale of products. Today, this linear model of business is becoming increasingly insufficient. As customers are more and more focused on their core business, buying and operating machinery and other goods becomes unattractive to them. In response to this, manufacturing companies are expanding their value capture into additional stages of the product lifecycle by providing integrated offerings of products and services — Product-Service Systems (PSSs). Designing and providing PSSs is fundamentally different from traditional product sales. Expanding to become a PSS provider is, therefore, challenging for companies with a history of designing and selling products. Departing from this, it is the aim of this thesis to support manufacturing companies in their expansion to effective and efficient design and provision of PSSs. The research reported has both descriptive and prescriptive properties, reflecting the goals of understanding the status quo in manufacturing companies’ practice and providing support based on this. To establish a point of departure, the current design and provision of two manufacturing companies expanding their business towards PSSs was investigated. From this, an in-depth understanding of the status quo and a number of challenges emerged. Based on this, the research had the goal to contribute to identifying and developing solutions to these challenges, with an initial focus on methods supporting PSS design and provision. However, although methods fitting to the challenges identified exist, they appear to receive limited uptake in manufacturing companies’ practice. In order to improve their practical utility, a structured method is proposed to assist users in both academia and practice in developing methods in a requirements-oriented fashion. The utility of methods in improving the efficiency and effectiveness of PSS design and provision is thereby to be enhanced. A particular challenge for manufacturing companies expanding to become PSS providers is the change in how value is captured: Resulting from the extensive involvement throughout the lifecycle, a need for a broader, multidimensional understanding of value capture was identified. However, the manufacturing companies investigated have been found to experience challenges in grasping this change, with a focus on a product sales-centric understanding of value capture remaining prevalent. To support companies towards reaping the benefits of the expansion to PSS design and provision, methods to explore how value is currently created and captured in the use phase and how to enhance the future value capture based on that information in the design phase have been developed and applied. As a result, broadly relevant value dimensions were attained, aiming to facilitate a lifecycle-focused, effective, and efficient design and provision of PSSs. Eventually, to broaden the understanding of effective and efficient design and provision of PSSs in practice today, the potential contributions of real-world PSSs to a circular economy were investigated based on an existing framework. The result was ambiguous, indicating both advancements compared to traditional sales and substantial room for improvement, particularly with a focus on the absolute decoupling of economic activity and resource use. Based on the synthesis of the research results, manufacturing companies are supported in their expansion to effective and efficient design and provision of PSSs — and towards a promising future.
Book Synopsis Adoption of Servitization in product based companies by : Sourabh Sawardekar
Download or read book Adoption of Servitization in product based companies written by Sourabh Sawardekar and published by GRIN Verlag. This book was released on 2019-04-12 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2018 in the subject Business economics - Operations Research, University of Applied Sciences Berlin, language: English, abstract: The motivation behind writing this thesis is to explore and understand the evolution of the Servitization and how Servitization can help product based companies to compete with the new service business along with their conventional business. Another objective is to derive guidelines to adopt the servitization. This thesis will begin with thorough literature review on Servitization. For better understanding of servitization, difference between product and service will be studied. Furthermore, several definitions of servitization available in the literature will be discussed. This will be followed by understanding Service-Dominant Logic, Goods-Dominant Logic and Product Service-System. There are several factors driving product based companies towards service business. Those factors will be analyzed briefly. Many product based companies have considered seritization as a competitive strategy but, there are several challenges to adopt it successfully therefore, those hurdles will be discussed. Some companies like Daimler AG, Michelin Tires, Philips lighting have tackled those challenges and adopted the servitization successfully. Those three companies will be analyzed thoroughly in case studies with the same framework of criteria in order to understand how they generated additional revenue stream successfully along with their conventional business. On the basis of case studies and literature review, some guidelines will be derived to adopt this strategy successfully.
Book Synopsis Designing for the Circular Economy by : Martin Charter
Download or read book Designing for the Circular Economy written by Martin Charter and published by Routledge. This book was released on 2018-08-06 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: The circular economy describes a world in which reuse through repair, reconditioning and refurbishment is the prevailing social and economic model. The business opportunities are huge but developing product and service offerings and achieving competitive advantage means rethinking your business model from early creativity and design processes, through marketing and communication to pricing and supply. Designing for the Circular Economy highlights and explores ‘state of the art’ research and industrial practice, highlighting CE as a source of: new business opportunities; radical business change; disruptive innovation; social change; and new consumer attitudes. The thirty-four chapters provide a comprehensive overview of issues related to product circularity from policy through to design and development. Chapters are designed to be easy to digest and include numerous examples. An important feature of the book is the case studies section that covers a diverse range of topics related to CE, business models and design and development in sectors ranging from construction to retail, clothing, technology and manufacturing. Designing for the Circular Economy will inform and educate any companies seeking to move their business models towards these emerging models of sustainability; organizations already working in the circular economy can benchmark their current activities and draw inspiration from new applications and an understanding of the changing social and political context. This book will appeal to both academia and business with an interest in CE issues related to products, innovation and new business models.
Book Synopsis Remanufacturing in the Circular Economy by : Nabil Nasr
Download or read book Remanufacturing in the Circular Economy written by Nabil Nasr and published by John Wiley & Sons. This book was released on 2019-10-15 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth and rising levels of consumption in developing and developed countries has been observed as being deeply coupled with natural resource usage and material consumption. The increasing need for natural resources has raised concerns regarding issues such as resource scarcity, undesirable environmental impacts due to material extraction, primary production, and suboptimal product disposal, and social or political tensions. Product End-of-Life (EoL) options, such as reusing or recycling, attempt to limit or reduce the amount of waste sent to a landfill, providing strategic means to decouple the link between economic growth and resource usage. These EoL options have the potential to close material loops, further utilizing wastes as resources, reducing environmental impacts, conserving natural resources, reducing material prices, and providing job opportunities in developing countries. Remanufacturing, on the other hand, is a unique EoL option due to increasing the number of life cycles of a product before final disposal. First, recurring environmental benefits, such as emission and raw material extraction avoidance are obtained with each additional product life cycle. Second, individual resource efficiency yields increase through product remanufacture. Resource efficiency or, using more with less will continue to compound with each additional life cycle. Third, recirculating products decreases the demand and dependency for primary resource production, further closing the material loop and creating a more circular economy. In addition, remanufacturing can initiate more preferable EoL options such as recovery, recycling, and waste reduction. While remanufacturing offers numerous benefits, there is significant lack of literature and books covering the fundamentals of operations, technologies and business models. The proposed book will provide in-depth coverage of remanufacturing fundamentals and its strong link to circular economy and resource efficiency.
Book Synopsis Product and Service Design for a Sustainable Circular Economy by : Harald Desing
Download or read book Product and Service Design for a Sustainable Circular Economy written by Harald Desing and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Circular Economy by : Pablo del Río
Download or read book The Circular Economy written by Pablo del Río and published by Springer Nature. This book was released on 2021-07-02 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an in-depth analysis of the concept of the Circular Economy (CE), as well as an assessment of the drivers and barriers for circular practices by firms, and its implications for managers in firms and public policy makers. It includes proposals for policy frameworks and instruments that will encourage the uptake of CE practices. The book is presented in three linked parts. The first part of the book provides a broad view of the topic, put into the wider context of sustainability. In the second part, the drivers of and barriers to the uptake of the CE are analysed, with a special focus on the micro-level not seen often in the previous studies on the CE. This book is of interest to researchers, policy makers and post-graduate students in areas such as environmental management and economics.
Book Synopsis Sustainable Consumption and Production, Volume II by : Ranjula Bali Swain
Download or read book Sustainable Consumption and Production, Volume II written by Ranjula Bali Swain and published by Springer Nature. This book was released on 2020-11-07 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: Circular economy principles are driving to overcome the challenges of today’s linear take-make-dispose production and consumption patterns through keeping the value of products, materials, and resources circulating in the economy as long as possible. Sustainable Consumption and Production, Volume II: Circular Economy and Beyond aims to explore the sustainable consumption and production transition to a circular economy, while addressing critical global challenges by innovating and transforming product and service markets towards sustainable development. This book explores how consumers, private sector, relevant international organizations, and governments can play an active role in innovating businesses to help companies, individuals (consumers and citizens), organizations, and sectors, to remain competitive, while transitioning towards sustainable markets and economies. It is of interest to economists, students, businesses, and policymakers.
Book Synopsis Networked Business Models in the Circular Economy by : Nogalski, Bogdan
Download or read book Networked Business Models in the Circular Economy written by Nogalski, Bogdan and published by IGI Global. This book was released on 2019-09-27 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic changes in a globalized world require businesses to create new management practices to remain competitive and successful. While a network paradigm is a key management development, the effective application of this paradigm in organizational practice is complicated by differing interpretations and approaches. Therefore, it is important to thoroughly understand the applicable factors and mechanisms to an efficacious business network. Networked Business Models in the Circular Economy provides innovative insights into achieving synergy through the cooperation of many business partners and organizations and adapting operational strategies for the whole network. While highlighting topics such as smart mobility, digital solutions, and green supply chain, this publication is ideally designed for organizational managers, entrepreneurs, economists, management scientists, business analyzers, financial consultants, researchers, and students seeking current research on the dynamical contributions required to achieve mutual growth.
Book Synopsis A Circular Economy Handbook for Business and Supply Chains by : Catherine Weetman
Download or read book A Circular Economy Handbook for Business and Supply Chains written by Catherine Weetman and published by Kogan Page Publishers. This book was released on 2016-12-03 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: WINNER: Les Plumes des Achats 2018 - Committee Special Prize A Circular Economy Handbook for Business and Supply Chains is an easily digestible and comprehensive handbook that provides a clear guide to the circular economy, helping the reader create future-fit, sustainable strategies. Real examples across a range of market sectors help businesses, students and policymakers understand the theory and fast-developing practice of the circular economy. To help the reader generate ideas, A Circular Economy Handbook for Business and Supply Chains provides a holistic framework for the design and supply chain and supporting business models, and includes tools the reader can use to get started. Whilst growing global consumption presents fantastic business opportunities, our current linear systems (take some materials, make a product, use it and then throw it away) are not fit for purpose. The circular economy unlocks this problem by decoupling resources from consumption. Engaged businesses are re-thinking product design, material choices, business models and supply chains. A Circular Economy Handbook for Business and Supply Chains is a must-read for anyone who wants to apply the circular economy today. Online resources now available: PowerPoint slides of figures and tables from every chapter created by the author.
Book Synopsis Circular Economy in Textiles and Apparel by : Subramanian Senthilkannan Muthu
Download or read book Circular Economy in Textiles and Apparel written by Subramanian Senthilkannan Muthu and published by Woodhead Publishing. This book was released on 2018-11-05 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Circular Economy in Textiles and Apparel: Processing, Manufacturing, and Design is the first book to provide guidance on this subject, presenting the tools for implementing this paradigm and their impact on textile production methods. Sustainable business strategies are also covered, as are new design methods that can help in the reduction of waste. Drawing on contributions from leading experts in industry and academia, this book covers every aspect of this increasingly important subject and speculates on future developments. Provides case studies on the circular economy in operation in the textiles industry Identifies challenges to implementation and areas where more research is needed Draws on both industrial innovation and academic research to explain an emerging topic with the potential to entirely change the way we make and use clothing
Book Synopsis Circular Economy, Industrial Ecology and Short Supply Chain by : Delphine Gallaud
Download or read book Circular Economy, Industrial Ecology and Short Supply Chain written by Delphine Gallaud and published by John Wiley & Sons. This book was released on 2016-06-20 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: In contrast to the linear "take-make-dispose" model of resource consumption, a new industrial model is proposed in the form of a circular economy. This model aims to optimize the use of resources and to reduce or eliminate waste, and is based on re-use, repair, ecodesign, industrial ecology, sustainable supply and responsible consumption. Industrial ecology and short supply chains can contribute – particularly on a territorial scale – to the emergence of a real sustainable development. This book develops these concepts and presents experiments that are taking place in France and other countries, in addition to an integrated model which details the mechanisms through which industrial ecology and short supply chains can generate economic, social and environmental profits. The possible issues and obstacles facing these new practices are also analyzed, in order to develop the outline of an adapted management and governance which will enable them to be fully realized.
Download or read book Made to Serve written by Timothy Baines and published by John Wiley & Sons. This book was released on 2013-04-09 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive, practical introduction to one of the most important new trends in manufacturing, globally The delivery of a service component as an added value when providing products, servitization is all the rage in the manufacturing sector around the world. Yet, despite the clear competitive advantage of servitization, most manufacturers remain reluctant to venture into, what for them, is a strange new world. Written by a team of internationally respected servitization experts and innovators, this book provides you with a detailed road map for successfully navigating the servitization terrain. Unlike most authors on the subject who merely sing the praises of servitization, Baines and Lightfoot provide you with a framework for accessing the feasibility of adopting a services-led competitive strategy in your company, along with strategies for designing and implementing the kinds of service offerings customers increasingly are coming to expect. Grounded in real-world practice and supported by a wealth of up-to-the minute research, this book helps ease the way for manufacturers considering adopting a servitization model Shows how to exploit your company's manufacturing competencies to build a strong servitization element without becoming "just another services company" Provides numerous illustrations and examples of services-led competitive strategies, with an emphasis on the advanced services most widely associated with servitization worldwide Packed with fascinating and instructive case studies from leading manufacturing firms across industry sectors, including Caterpillar, Rolls-Royce, Alstom, MAN, Xerox and others
Book Synopsis Circular Economy: Global Perspective by : Sadhan Kumar Ghosh
Download or read book Circular Economy: Global Perspective written by Sadhan Kumar Ghosh and published by Springer Nature. This book was released on 2019-11-01 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: A circular economy is an alternative to a traditional linear economy (make, use, dispose) in which we keep resources in use for as long as possible, extract the maximum value from them whilst in use, then recover and regenerate products and materials at the end of each service life. Circular economy (CE) is important towards sustainable development, resources circulation and conservation, involving closing of material loops and cascading used resources, to prevent waste occurrence, and transforming the resulting residual streams into new (secondary) resources. Strategies and legislative framework for waste management are important steps for development of a more CE where resource efficiency becomes the key driver for both economic growth and environmental protections. A few countries achieved good results implementing CE as a replacement of the linear economy. Resource managers and planners should thoroughly identify factors to implement CE for societal benefits. This book presents how resource consumption is minimized with rational use based on 3Rs, legislative framework and government supports towards implementing CE initiatives, example of best practices, future plans and targets in different countries those are helpful for researchers, planners and implementers.
Book Synopsis A Systemic Transition to Circular Economy by : Aldo Roberto Ometto
Download or read book A Systemic Transition to Circular Economy written by Aldo Roberto Ometto and published by Springer Nature. This book was released on with total page 251 pages. Available in PDF, EPUB and Kindle. Book excerpt:
