Outcome / Performance Based Services and Contracting: A Briefing
Outcome based services and performance contracting are increasingly gaining traction, though the...
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Tag: performance contracting
Increasing North Sea oil costs and declining production efficiency: Challenges for Asset Management in complex ecosystems
As oil prices have slumped, North Sea oil production costs have risen and production efficiency has continued a steady decline -to levels where projects have had to be shelved and activity postponed, challenging the viability of...
Read MoreMetso must rely on service, Hitachi Rail buys analytics and other commented news
Metso In a post on this blog a couple of weeks ago, Franz-Josef Deuring, a consultant from Germany, urged companies to consider strategies where product margins are zero and the profit is made in services. This proved to be...
Read MoreOutcome Based Services and Performance Based Contracting – A Briefing for Managers
Outcome based services and performance contracting are increasingly gaining traction, though the practice in some industries goes back a really long time. The concept can have significant benefits for customers, even an entire...
Read MorePerformance / Outcome based Services and Contracting – Review: Benefits, Risks, Pricing and Pitfalls (to come)
One of the tenents of servitization is a move towards performance or outcome based services and contracts, in essence business transactions where compensation of the supplier is linked to the value (outcome) that is actually...
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