Summary
Integrated product-service solutions or Product-Service Systems promote a shift from value in exchange to value in use to satisfy customer needs. In this new landscape, manufacturers do not sell a physical product, but its usage (renting, pay-x-use) or its outcome (pay-x-performance).
Companies and supply network should focus on reducing the Life Cycle Cost of the Product-Service Systems and extending their lifecycle in order to maximize profits, but also to increase customer utility and the lifecycle value of their offerings. Such models entail environmental benefits through increased duration, renovation and re-use of product modules. Despite the expected benefits at a company and societal level, the transition towards such models is slow and mainly concerning large multinationals manufacturers. Smaller firms often lack managerial vision, competence and resources to revolution their Strategy, Organization (internal and inter-firm), Product Design, Maintenance/repair/renovation services and Economic Performance Measurement Systems (towards customer lifetime value).
The T-REX project supports such transition in the capital goods industries by developing and experimenting conceptual tools, with three practical demonstrators in the transportation (lift truck), machine tools and robotics assembly domains. T-REX will develop:
- A business model suited for the new landscape that changes the way products are offered and customer relationships managed;
- Product design techniques to extend the lifecycle, to foster upgrading and renovation, and to support serviceability
- Service design methods to develop new services consistent with the business models and re-engineering existing services
- Tools for asset Health management, customizable to the industry requirement, and a new lifecycle oriented accounting tool
Demonstrators are meant to show that the new business platform can achieve a re-use of 52-70% and reduction of 25-30% of lifecycle costs.
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More information & hyperlinks
Web resources: |
http://www.t-rex-fp7.eu/
https://cordis.europa.eu/project/id/609005 |
Start date: | 01-10-2013 |
End date: | 30-09-2016 |
Total budget - Public funding: | 5 126 411,00 Euro - 3 639 995,00 Euro |
Cordis data
Original description
Integrated product-service solutions or Product-Service Systems promote a shift from value in exchange to value in use to satisfy customer needs. In this new landscape, manufacturers do not sell a physical product, but its usage (renting, pay-x-use) or its outcome (pay-x-performance). Companies and supply network should focus on reducing the Life Cycle Cost of the Product-Service Systems and extending their lifecycle in order to maximize profits, but also to increase customer utility and the lifecycle value of their offerings. Such models entail environmental benefits through increased duration, renovation and re-use of product modules. Despite the expected benefits at a company and societal level, the transition towards such models is slow and mainly concerning large multinationals manufacturers. Smaller firms often lack managerial vision, competence and resources to revolution their Strategy, Organization (internal and inter-firm), Product Design, Maintenance/repair/renovation services and Economic Performance Measurement Systems (towards customer lifetime value).The T-REX project supports such transition in the capital goods industries by developing and experimenting conceptual tools, with three practical demonstrators in the transportation (lift truck), machine tools and robotics assembly domains. T-REX will develop:
• A business model suited for the new landscape that changes the way products are offered and customer relationships managed;
• Product design techniques to extend the lifecycle, to foster upgrading and renovation, and to support serviceability
• Service design methods to develop new services consistent with the business models and re-engineering existing services
• Tools for asset Health management, customizable to the industry requirement, and a new lifecycle oriented accounting tool
Demonstrators are meant to show that the new business platform can achieve a re-use of 52-70% and reduction of 25-30% of lifecycle costs.
Status
ONGCall topic
FoF.NMP.2013-8Update Date
27-10-2022
Geographical location(s)
Structured mapping
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Project type - instrument
Collaborative project (generic)
Comment: New Service-Oriented Business Models are supported by lifecycle extension of the products with reduced Total Cost of Ownership as the basis for long-term relationships with the customers. Stable and continuous cash flows from customers will guarantee economic sustainability.
Comment: Repair, renovation or re-use techniques are focused on environmental sustainability and the reduction of new resources.
Comment: New Service-Oriented Business Models are supported by lifecycle extension of the products with reduced Total Cost of Ownership as the basis for long-term relationships with the customers. Stable and continuous cash flows from customers will guarantee economic sustainability.
Comment: New Condition Monitoring devices and customised Fleet Management software are the basis for the Fleet-Wide Asset Health Management (FW-AHM) platform.
Comment: Methodologies for the (re-)design of Product-Service Systems and their support services.
Result items:
Easy-deploy-PdM-methodology and tools can be applied for the condition monitoring and health asessment of the equipments and/or their components.
Result items:
Easy-deploy-PdM-methodology and tools can be applied for the condition monitoring and health asessment of the equipments and/or their components.
Result items:
In a general way the easy-deploy-PdM-methodology and tools can be applied for the condition monitoring and health asessment of any manufacturing process, from assets, to production lines and further to fleet level.
CbM-Robot-Solution can be applied to any robotic system.
Result items:
Result items:
Result items:
Easy-deploy-PdM-methodology and tools can be applied for the condition monitoring and health asessment of the equipments and/or their components.
Result items:
Easy-deploy-PdM-methodology and tools can be applied for the condition monitoring and health asessment of the equipments and/or their components.
Result items:
Easy-deploy-PdM-methodology and tools can be applied for the condition monitoring and health asessment of the equipments and/or their components.
Result items:
Easy-deploy-PdM-methodology and tools can be applied for the condition monitoring and health asessment of the equipments and/or their components. Demonstrated in Forklift truck monitoring use case.
Result items:
Easy-deploy-PdM-methodology and tools can be applied for the condition monitoring and health asessment of the equipments and/or their components.
CbM-Robot-Solution can be applied to any robotic system.