There is a valuable engineering business opportunity to be gained by judging the optimum balance between the time invested in performing Preventive Maintenance (PM) and Corrective Maintenance (CM). This paper considers this at the equipment type level, which is the Ministry of Defence’s...

The article is concerned with competitive cost and availability estimates of complex engineering systems at the bidding stage of availability type support services contracts (CfA). Such estimates are important to calculate the best price that will win the contract in a competitive bidding...

An Industrial Product-Service System (iPS2) is a system that integrates products and services based on systems thinking in an industrial context. Compared with services alone, it creates opportunities for better economic and environmental outcomes because of the additional design parameters,...

Contracting for Availability (CfA) is an increasingly adopted commercial process which consists of a partnership between customer and solution provider(s) towards supporting system availability for long periods with the target of better value for money. In a competitive bidding process,...

Life-cycle costing is a practical approach to estimate the total cost of ownership in product-service systems. In high-value manufacturing sectors, due to the complication of overhaul invoices, shop visits, repair and maintenance interventions, identifying service cost reduction opportunities...