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Product Service System
Product-service systems (PSS) are business models that provide for cohesive delivery of products and services. PSS models are emerging as a means to enable collaborative consumption of both products and services, with the aim of pro-environmental outcomes. Description Product service systems are when a firm offers a mix of both products and services, in comparison to the traditional focus on products. As defined by van Halen, te Riele, Goedkoop "a marketable set of products and services capable of jointly fulfilling a user's needs", PSS can be realized by smart products. The initial move to PSS was largely motivated by the need of traditional manufacturing firms to cope with changing market forces and the recognition that services in combination with products could provide higher profits than products alone. Faced with shrinking markets and increased commoditization of their products, these firms saw service provision as a new path towards profits and growth. While not all pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Model
A business model describes how a Company, business organization creates, delivers, and captures value creation, value,''Business Model Generation'', Alexander Osterwalder, Yves Pigneur, Alan Smith, and 470 practitioners from 45 countries, self-published, 2010 in economic, social, cultural or other contexts. The model describes the specific way in which the business conducts itself, spends, and earns money in a way that generates Profit (economics), profit. The process of business model construction and modification is also called ''business model innovation'' and forms a part of business strategy. In theory and practice, the term ''business model'' is used for a broad range of informal and formal descriptions to represent core aspects of an organization or business, including Mission statement, purpose, business process, target market, target customers, offerings, strategies, infrastructure, organizational structures, profit structures, sourcing, trading practices, and operational ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Extended Warranty
An extended warranty, sometimes called a service agreement, a service contract, or a maintenance agreement, is a prolonged warranty offered to consumers in addition to the standard warranty on new items. The extended warranty may be offered by the warranty administrator, the retailer or the manufacturer. Extended warranties cost extra and for a percentage of the item's retail price. Some extended warranties that are purchased for multiple years state in writing that during the first year, the consumer must still deal with the manufacturer in the occurrence of malfunction. Thus, what is often promoted as a five-year extended guarantee, for example, is actually only a four-year guarantee. Extended warranties have terms and conditions which may not match the original terms and conditions. For example, these may not cover anything other than mechanical failure from normal usage. Exclusions may include commercial use, "acts of God", owner abuse, and malicious destruction. They may also e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lund University
Lund University () is a Public university, public research university in Sweden and one of Northern Europe's oldest universities. The university is located in the city of Lund in the Swedish province of Scania. The university was officially founded in 1666 on the location of the old ''studium generale'' next to Lund Cathedral. Lund University has nine Faculty (division), faculties, with additional campuses in the cities of Malmö and Helsingborg, with around 47,000 students in 241 different programmes and 1,450 freestanding courses. The university has 560 partner universities in approximately 70 countries. It belongs to the League of European Research Universities as well as the global Universitas 21 network. Among those associated with the university are five Nobel Prize winners, a Fields Medal winner, prime ministers and business leaders. Two major facilities for materials research have been recent strategic priorities in Lund: MAX IV, a synchrotron radiation laboratory – in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Bradford
The University of Bradford is a public research university located in the city of Bradford, West Yorkshire, England. A plate glass university, it received its royal charter in 1966, making it the 40th university to be created in Britain, but can trace its origins back to the establishment of the industrial West Yorkshire town's Mechanics Institute in 1832. The student population includes 11,665 undergraduate and 7,923 postgraduate students. Mature students make up around a third of the undergraduate community. A total of 22% of students are foreign and come from over 110 countries. There were 14,406 applications to the university through UCAS in 2010, of which 3,421 were accepted. It was the first British university to establish a Department of Peace Studies in 1973, which is currently the world's largest university centre for the study of peace and conflict. History The university's origins date back to ''the Mechanics Institute'', founded in 1832, formed in respons ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Nations Environment Programme
The United Nations Environment Programme (UNEP) is responsible for coordinating responses to environmental issues within the United Nations system. It was established by Maurice Strong, its first director, after the Declaration of the United Nations Conference on the Human Environment, United Nations Conference on the Human Environment in Stockholm in June 1972. Its mandate is to provide leadership, deliver science and develop solutions on a wide range of issues, including climate change, the management of marine and terrestrial ecosystems, and green economic development. The organization also develops international environmental agreements; publishes and promotes environmental science and helps national governments achieve environmental targets. As a member of the United Nations Development Group, UNEP aims to help the world meet the 17 Sustainable Development Goals. UNEP hosts the secretariats of several multilateral environmental agreements and research bodies, including Conven ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
As A Service
" as a service" (rendered as *aaS in acronyms) is a phrasal template for any business model in which a product use is offered as a subscription-based service rather than as an artifact owned and maintained by the customer. The converse of conducting or operating something "as a service" is doing the same using "on-premise" assets (such as on-premises software) or lump sum investments. Originating from the software as a service concept that appeared in the 2010s with the advent of cloud computing, the template has expanded to numerous offerings in the field of information technology and beyond it. The term XaaS can mean "anything as a service". The following is an alphabetical list of business models named in this way, including certain forms of cybercrime (criminal business models). B Backend as a service (BaaS) Banking as a service (BaaS) Blockchain as a service (BaaS) C Content as a service (CaaS) Crimeware as a service D Data as a service (Daa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Product Stewardship
Product may refer to: Business * Product (business), an item that can be offered to a market to satisfy the desire or need of a customer. * Product (project management), a deliverable or set of deliverables that contribute to a business solution Mathematics * Product (mathematics) Algebra * Direct product Set theory * Cartesian product of sets Group theory * Direct product of groups * Semidirect product * Product of group subsets * Wreath product * Free product * Zappa–Szép product (or knit product), a generalization of the direct and semidirect products Ring theory * Product of rings * Ideal operations, for product of ideals Linear algebra * Scalar multiplication * Matrix multiplication * Inner product, on an inner product space * Exterior product or wedge product * Multiplication of vectors: ** Dot product ** Cross product ** Seven-dimensional cross product ** Triple product, in vector calculus * Tensor product Topology * Product topology Algebraic to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Performance-based Contracting
Performance-based contracting (PBC) or results-based contracting, is a procurement strategy used to achieve measurable supplier performance. A PBC approach focuses on developing strategic performance metrics and directly relating contracting payment to performance against these metrics. Common metrics include availability, reliability, maintainability, supportability and total cost of ownership. The primary means of accomplishing this are through incentivized, long-term contracts with specific and measurable levels of operational performance defined by the customer and agreed on by contracting parties. The incentivized performance measures aim to motivate the supplier to implement enhanced practices that offer improved performance and cost effective. This stands in contrast to the conventional transaction-based strategy, where payment is related to completion of milestones and project deliverables. In PBC, a part or the whole payment is tied to the performance of the provider a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Life Cycle Thinking
Life cycle thinking is an approach that emphasizes the assessment and minimization of environmental impacts at all stages of a product's life. This concept seeks to avoid shifting environmental burdens from one stage of the product's life to another. It also recognizes the importance of technological innovation in tackling environmental issues. Corporations utilize this approach in the creation of environmentally friendly products. Consumers apply it in their mindful choices of products, and governments incorporate it into regulatory frameworks aimed at lessening environmental impacts. This strategy entails pinpointing crucial areas for impact reduction and enhancing consumer awareness regarding environmental concerns. Approaches There are many different approaches to life cycle thinking that all involve looking at life cycle-generated impacts and ways to minimize these impacts. An important component is the avoidance of burden shifting, which ensures that improvements in one ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Extended Producer Responsibility
Extended producer responsibility (EPR) is a strategy to add all of the estimated environmental costs associated with a product throughout the product life cycle to the market price of that product, contemporarily mainly applied in the field of waste management. Such societal costs are typically externalities to market mechanisms, with a common example being the impact of cars. Extended producer responsibility legislation is a driving force behind the adoption of remanufacturing initiatives because it "focuses on the end-of-use treatment of consumer products and has the primary aim to increase the amount and degree of product recovery and to minimize the environmental impact of waste materials". Passing responsibility to producers as polluters is not only a matter of environmental policy but also the most effective means of achieving higher environmental standards in product design. Origin The concept was first formally introduced in Sweden by Thomas Lindhqvist in a 199 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Answering Machine
An answering machine, answerphone, or message machine, also known as telephone messaging machine (or TAM) in the United Kingdom, UK and some Commonwealth countries, ansaphone or ansafone (from a trade name), or telephone answering device (TAD), is used for answering telephone calls and recording callers' messages. When a telephone rings a set number of times predetermined by the call's recipient the answering machine will activate and play either a generic announcement or a customized greeting created by the recipient. Unlike voicemail, an answering machine is placed at the user's premises alongside—or incorporated within—the user's landline telephone, and unlike operator messaging, the caller does not talk to a human. As landlines become less important due to the shift to cell phone technology, and as unified communications evolve, the installed base of TADs is shrinking. History Most 20th-century answering machines used magnetic recording, which Valdemar Poulsen invent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Voicemail
A voicemail system (also known as voice message or voice bank) is a computer-based system that allows callers to leave a recorded message when the recipient has been unable (or unwilling) to answer the phone. Calls may be directed to voicemail manually or automatically. The caller is prompted to leave a message that the recipient can retrieve at a later time. Voicemail can be used for personal calls, but more complex systems exist for companies and services to handle the volume of customer requests. The term is also used more broadly to denote ''any'' system of conveying stored telecommunications voice messages, including using older technology like answering machines. Features Voicemail systems are designed to convey a caller's recorded audio message to a recipient. To do so they contain a user interface to select, play, and manage messages; a delivery method to either play or otherwise deliver the message; and a notification ability to inform the user of a waiting message ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
