Adopting Servitization: A review of the impact and challenges in the Manufacturing firms

The purpose of the research reported in this paper has been to gain through a review on the existing literature a deeper understanding of the impact in a manufacturing firm when is adopted a Servitization strategy and to summarize the key challenges that a typical manufacturer experiences when is...

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Bibliographic Details
Main Author: GONZALEZ HERNANDEZ, ANTONIO
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2016
Online Access:https://eprints.nottingham.ac.uk/37324/
Description
Summary:The purpose of the research reported in this paper has been to gain through a review on the existing literature a deeper understanding of the impact in a manufacturing firm when is adopted a Servitization strategy and to summarize the key challenges that a typical manufacturer experiences when is followed such business model. Through a content analysis and using an inductive approach, it has been addressed 7 main aspects that are impacted when is adopted Servitization. These are: (i) Customer relationship, (ii) Supplier relationship, (iii) Corporate finance, (iv) Information and Communication Technologies (ICT), (v) Product-Service Design, (vi) Human resource and (vii) Organizational structure. From these aspects, customer relationship has been the most frequently addressed by authors in relation with Servitization. The further analysis was performed using a thematic analysis in order to find patterns and allow to synthetize, compare and contrast large amount of qualitative data. Furthermore, for each of these issues have been identified the challenges associated with them. According to an analysis performed respecting the severity and frequency in which the challenges has been addressed through the literature, it seems that challenges regarding to Product Service Design and Customer relationship represents the greatest difficult to overcome during the transition from Non Servitized to a Servitized firm. Finally, a brief case study comparison shows that some aspects are impacted in the same manner among companies, while others seems to be exclusively under specific characteristics.