Application of Product Service System (PSS) in Gear Manufacturing Industry
Pages : 2118-2121
A product-service system (PSS), is a function-oriented business model, which aims at providing sustainability of both consumption and production. This approach emphasizes on selling utilities rather than products. In the present study, a case of a gear manufacturing company was taken who used to buy the finished gears from other company. In our study we have done calculations for the total costs, both for the manufacturing company and the supplying company; first considering the present situation where they simply buy and sell the product, and then for the case when they adopt the Product Service System. It has been shown that PSS comes out to be beneficial for both companies.
Keywords: Product Service System, Gear Hobbing, NPV, Gear Manufacturing
Article published in International Journal of Current Engineering and Technology, Vol.3,No.5(Dec- 2013)