On the sluggish adoption of total cost of ownership business models - A SDL perspective

2012 ◽  
pp. 61-80
Author(s):  
Jorg Freiling ◽  
Kathrin Dressel ◽  
Sven M. Laudien
Keyword(s):  
Business Models ◽  
Cognitive Biases ◽  
Point Of View ◽  
Service Dominant Logic ◽  
Total Cost Of Ownership ◽  
Total Cost ◽  
Dominant Logic ◽  
Cost Of Ownership ◽  
Pervasive Service ◽  
High Level

It is rather undisputed that in recent times the economy is to a large extent a service - and maybe even more - a knowledge driven one. The service-dominant logic concept points to the pervasive service nature of business concepts and transactions and their dominance. This would suggest a high level of openness to innovative service solutions in general. The authors focus on the ‘Total Cost of Ownership' concept, the obstacles from the customer's point of view and the long and uncertain way of final adoption. The paper advances research in three ways: First, the authors connect the phenomenon of a sluggish adoption of innovative hybrid business models with servicedominant logic reasoning. Service-dominant logic thinking opens the door for a better understanding of imperfectly designed business models. Second, they shed additional light on organizational purchasing decisions in the context of cognitive biases. Third, they give empirical evidence to support their viewpoint.

Heavy Lifters, India: Towards a Circular Economy Era

2021 ◽  
pp. 097226292110435
Author(s):  
Anupama Prashar
Keyword(s):  
Operations Management ◽  
Circular Economy ◽  
Business Models ◽  
Total Cost Of Ownership ◽  
Total Cost ◽  
Planning And Control ◽  
Cost Of Ownership ◽  
Challenges And Opportunities ◽  
And Control ◽  
The Impact

The case helps students to understand the emerging concept of linear and circular economies. It facilitates to examine the implications of circular business models such as remanufacturing on operations management decisions. It also introduces them to the concept of total cost of ownership and impact of remanufacturing on reducing total cost of ownership. The cases help students to evaluate the challenges and opportunities of remanufacturing business in emerging economy like India. This case is among the first few cases on the application of circular economy principles in context of heavy-duty and off-road sector and the impact of these principles on product design and production planning and control decisions.

Total Cost of Ownership Analysis of the Impact of Vehicle Usage on the Economic Viability of Electric Vehicles in India

2020 ◽  
Vol 2674 (11) ◽  
pp. 563-572
Author(s):  
Parveen Kumar ◽  
Subrata Chakrabarty
Keyword(s):  
Electric Vehicles ◽  
Internal Combustion Engines ◽  
Business Models ◽  
Economic Viability ◽  
Transport Sector ◽  
Total Cost Of Ownership ◽  
Total Cost ◽  
Electric Cars ◽  
Cost Of Ownership ◽  
The Impact

The road transport sector in India is on the cusp of a transition to battery electric vehicles (BEVs) from internal combustion engines (ICEs). Government of India (GoI) has announced several policy measures to push the adoption of electric vehicles (EVs). However, EVs involve a high capital cost but lower operating costs. Therefore, the economics of EVs vis-à-vis ICE vehicles depends on the extent of their daily use. The daily use, in turn, can vary significantly from context to context. In this paper, a model to compare the total cost of ownership (TCO) of an EV with different fuel variants (petrol, diesel, and compressed natural gas [CNG]) of their ICE counterparts is presented. It is found that, on an average, the TCO per km of electric two-wheelers (e-2Ws) and electric three-wheelers (e-3Ws) is less than their ICE counterparts at the typical average daily usage of the vehicles in Indian cities. In the case of hatchback and sedan cars, the TCO per km of electric cars (e-cars) is higher than their ICE counterparts. The TCO per km of electric bus (e-bus) is higher than diesel and CNG buses because of high initial purchase cost. Policymakers need to explore innovative business models and strategy for high vehicle utilization to improve the economic viability of EVs. Efficient planning of charging infrastructure and fast charging options will further help in accelerating the adoption of EVs in India.

scholarly journals Assessment of the Total Cost of Ownership of Electric Vehicles in Poland

Energies ◽  
2021 ◽  
Vol 14 (16) ◽  
pp. 4806
Author(s):  
Sendek-Matysiak Ewelina ◽  
Krzysztof Grysa
Keyword(s):  
Development Strategy ◽  
Electric Vehicles ◽  
Combustion Engine ◽  
Point Of View ◽  
Total Cost Of Ownership ◽  
Total Cost ◽  
Electric Cars ◽  
Automotive Market ◽  
Cost Of Ownership ◽  
The Cost

Eliminating environmental and air pollution is one of the European Union’s priority actions in the field of transport. Poland, as a member of the European Community, is also actively involved in these activities. The flagship project, the implementation of which is expected to bring tangible effects in this respect, is the “Sustainable Transport Development Strategy until 2030”. It states that in 2030 there should be 600,000 BEVs (battery electric vehicles) on Polish roads. At present, the share of such vehicles in the automotive market in Poland is small, which is a result of a number of barriers. One of them, very important considering the preferences of Poles, is the cost of buying such a car, which is currently at least 40% higher than its counterpart with a combustion engine. Meanwhile, popularizers of electric cars believe that the cost of buying such a vehicle is offset by the subsequent costs associated with its operation. Hence, this paper determines and then compares the total purchase and operating costs of cars of the same make, same model, differing in the source of propulsion, to category M1. Cars in this category represent the largest share of the automotive market in Poland—over 75%. The main objective of the analysis conducted was to determine if a current electric passenger vehicle can be competitive with an internal combustion car in everyday use. Therefore, a relationship was developed to calculate the total cost of ownership, which takes into account all the key criteria from the point of view of private vehicle use. The utilitarian value of this research may be supported by the fact that the example of Poland and its problems concerning the issue in question may serve as a source of preliminary analysis for other countries.

Total Cost of Ownership – Neue Antworten auf alte Fragen

2006 ◽  
Vol 101 (7-8) ◽  
pp. 435-439
Author(s):  
Walther Maier ◽  
Johannes Rothmund ◽  
Uwe Heisel
Keyword(s):  
Total Cost Of Ownership ◽  
Total Cost ◽  
Cost Of Ownership

Total Cost of Ownership-Betrachtungen von Werkzeugmaschinen

2016 ◽  
Vol 111 (12) ◽  
pp. 798-801
Author(s):  
Gisela Lanza ◽  
Volker Schulze ◽  
Farboud Bejnoud ◽  
Tom Stähr ◽  
Anne Wruck ◽  
...  
Keyword(s):  
Total Cost Of Ownership ◽  
Total Cost ◽  
Cost Of Ownership

Der richtige Kompromiss zwischen Energieeffizienz und Variantenreduzierung

Konstruktion ◽  
2019 ◽  
Vol 71 (07-08) ◽  
pp. 44-47
Keyword(s):  
Total Cost Of Ownership ◽  
Total Cost ◽  
Cost Of Ownership

Große Intralogistikprojekte für Flughäfen oder Paketzentren müssen verschiedene konkurrierende Ansprüche unter einen Hut bringen. Nord Drivesystems setzt dabei für die Antriebstechnik auf einen umfassenden TCO (Total Cost of Ownership) -Ansatz, der sowohl den Systemintegratoren als auch den Betreibern gerecht wird. Der Schlüssel zum besten Kompromiss ist ein individuell zugeschnittenes Antriebskonzept, das nachfolgend vorgestellt wird.

Ausfallanalyse von Werkzeugmaschinen*/A reliability analysis of machine tools - Total Cost of Ownership 2.0 in relation to the application

2017 ◽  
Vol 107 (07-08) ◽  
pp. 507-510
Author(s):  
T. Stähr ◽  
G. Prof. Lanza
Keyword(s):  
Machine Tool ◽  
Reliability Analysis ◽  
Machine Tools ◽  
Economic Cost ◽  
Lifetime Prediction ◽  
Failure Behavior ◽  
Cost Consideration ◽  
Total Cost Of Ownership ◽  
Total Cost ◽  
Cost Of Ownership

Realitätsnahe Lebensdauerprognosen sind für eine ganzheitliche, betriebswirtschaftliche Kostenbetrachtung sehr wichtig. Wirtschaft und Forschung bemühen sich seit Langem, die Total Cost of Ownership (TCO) von Werkzeugmaschinen zu berücksichtigen. Eine Umfrage unter Herstellern und Betreibern von Werkzeugmaschinen analysiert Verbreitung, erwartete Potentiale sowie Hemmnisse von TCO-Betrachtungen. Anhand der Anforderungen der Branche wurde ein Modell mit Fokus auf der belastungsabhängigen Beschreibung des Ausfallverhaltens von Maschinen und Anlagen entwickelt, das in bestehende Standards eingebettet werden kann.   A realistic lifetime prediction is highly valued in a holistic economic cost consideration. For years, industry and research have endeavored to consider the Total Cost of Ownership (TCO) of a machine tool. A survey of manufacturers and operators of machine tools analyzes distribution, expected potential and obstacles of TCO. Based on the identified requirements, a model that can be integrated into existing standards has been developed. It focuses on failure behavior of machines and plants, taking stresses into account.

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