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Outlining an overall Functional Product lifecycle: combining and coordinating its economic and technical perspectives
Luleå University of Technology, Department of Computer Science, Electrical and Space Engineering, Signals and Systems.ORCID iD: 0000-0002-2356-7830
Luleå University of Technology, Department of Engineering Sciences and Mathematics, Product and Production Development.ORCID iD: 0000-0002-2342-1647
2017 (English)In: CIRP - Journal of Manufacturing Science and Technology, ISSN 1755-5817, E-ISSN 1878-0016, Vol. 17, p. 1-9Article in journal (Refereed) Published
Abstract [en]

Currently, industry is showing increasing interest in performance-based business models. Functional Products is one such business model, where the provider offers a function to customers at an agreed-upon level of availability, productivity or efficiency, etc. A Functional Product comprises the following four main constituents: hardware, software, service support system and management of operation, which together deliver value to customers on a long-term basis. This paper, based on empirical data, provides an outline and starts the verification of a proposed overall Functional Product lifecycle combining and coordinating its economic- and technical perspectives. The perspectives are combined and the key aspects of the necessary coordination between and within the perspectives, i.e., sustainable win-win situations and coordination of sub-lifecycles for the economic perspective, and the need for coordination between the Functional Products’ technical perspective's four sub-lifecycles (hardware, software, service-support system and management of operation), are elaborated and discussed. Further, addition of new functionality, contract management, and long-term management of operation are discussed in the light of managing fleets/individual customers, assets and availability. The proposed overall Functional Product lifecycle is further analyzed from a number of views and aspects.

Place, publisher, year, edition, pages
Elsevier, 2017. Vol. 17, p. 1-9
National Category
Control Engineering Other Mechanical Engineering
Research subject
Control Engineering; Computer Aided Design
Identifiers
URN: urn:nbn:se:ltu:diva-10186DOI: 10.1016/j.cirpj.2016.08.005ISI: 000401724400001Scopus ID: 2-s2.0-84995521178Local ID: 8f23d7ad-6e6a-4790-a0d0-9d2483f7bc47OAI: oai:DiVA.org:ltu-10186DiVA, id: diva2:983126
Projects
Fastelaboratoriet - VINNEXC
Note

Validerad;2017;Nivå 2;2017-06-01 (rokbeg)

Available from: 2016-09-29 Created: 2016-09-29 Last updated: 2019-08-16Bibliographically approved

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Lindström, JohnKarlberg, Magnus

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