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Managing Risks for Product-Service Systems Provision: Introducing a Practical Decision Tool for Risk Management

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Practices and Tools for Servitization

Abstract

Providing product-service systems (PSS) entails increased risks for manufacturing companies as they shift from transaction to relational engagements with customers and assume operational responsibilities for customers’ processes. This study proposes a PSS risk management decision tool, which enables global manufacturing companies to more proficiently manage risks to offer PSS successfully. The results are based on a case study with a Swedish manufacturing company that has long-term experience with providing PSS. The study’s main findings include identifying and proposing an interconnection between risks associated with providing PSS, possible risk responses, and decision criteria that enable decision-makers to select appropriate risk management responses.

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Correspondence to Wiebke Reim .

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Reim, W., Parida, V., Sjödin, D.R. (2018). Managing Risks for Product-Service Systems Provision: Introducing a Practical Decision Tool for Risk Management. In: Kohtamäki, M., Baines, T., Rabetino, R., Bigdeli, A. (eds) Practices and Tools for Servitization. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-76517-4_14

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