How Manufacturers Can Shift to Product|as|a|Service Offerings

Moving from Product to Product-as-a-Service - Engineering.com

... product you design could be a service. Find out how companies are building continuous revenue streams by delivering products as services.

Moving your Business From Services to Product: Here's What it takes!

However, if a service could be “productized” then the builder can leverage the profits from the product and get repeat sales. Many know that if ...

4 Strategies for Product Expansion - Hanover Research

By addressing gaps in the product, adapting to new or shifting needs, or leveraging new technology, companies can build a more competitive ...

How can the circular economy move your company forward? | EY - US

Thought must be given to the product design, business model, operating model, use phase, partner ecosystem and process for return to ensure the improvements are ...

From product to service: Navigating the transition

If companies want to move away from product-related services into more complex customer solutions, managers must take a new look at the sales force. Stephan ...

Servitization for Manufacturers: Benefits, Challenges & More - Conga

Servitization in manufacturing is a business strategy that involves a shift from selling traditional products to offering a combination of products ...

Common Manufacturing Product Development Challenges

In other words, the right software solutions can ensure that product development teams pay an appropriate level of attention to products that ...

Servitization Business Model - Driving Manufacturing Growth - Wipro

The key questions consumers are asking are - What more can you offer? How will you make product usage easier for me? Can I get upgrades cheaper, faster, and ...

How To Turn a Service Business Into a Product Startup - Joe Procopio

The Killer Mistake: You can probably see this one coming. Former service companies converting to packaged product companies almost always ...

The Definitive Road to Transitioning from Service to Product

Before you even begin to tread on this path, assess the reason why you want to transition from a services business to a product. In a lot of cases, it's the ...

From manufacturing to providing services: How does it transform?

Essentially, it is a business model in which, manufacturer of a product also engages in provision of services relating to that product. The ...

Transforming the Manufacturing Business Model to an as-a-service ...

Nearly all industries indicate that change is underway, but customer experience and product and service improvements are primary areas of focus.

How to Switch from Service-Based to Product-Based Companies?

Network Strategically: Connect with professionals who work in product-based companies. Attend industry events, webinars, and use LinkedIn to ...

Manufacturing Pricing Strategies: Tips, Types & Examples - Pricefx

Value-based pricing is not a simple one-line formula that can be executed for every product or service. While value pricing is a fantastic undertaking to ...

Suppliers vs Manufacturers: What Are the Differences & How to Find ...

When it comes to launching a new product, working with reliable suppliers and manufacturers is the key to a seamless supply chain operation.

Manufacturing Supply Chains Explained - NetSuite

To achieve this, many businesses have changed how they approach manufacturing by switching from traditionally siloed operations to an integrated ...

Customer experience is everything: PwC

This will require a change in how companies measure customer service performance. A focus on innovation, and equipping employees with technology and the ...

Why Manufacturers Should Work With Retailers? - SellersCommerce

Selling directly to end-users is an effective way of generating revenue but when a manufacturer works with a retailer to get his products in ...

Boosting Resilience with Production as a Service | BCG

Instead of owning facilities that manufacture its products, a producer pays a usage fee to share a highly flexible factory with other companies.

How to Go From Product Conception to Manufacturing: A Step-by ...

... products and turn it into a reality. Whether your goal for your product is ... Do you have enough funding to manufacture the product? What will the ...