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Integrated vehicle health management = business case theory and practice /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Integrated vehicle health management/ by Ian K. Jennions, editor.
Reminder of title:	business case theory and practice /
other author:	Jennions, Ian K.
Published:	Warrendale, Pa. (400 Commonwealth Dr., Wallendale PA USA) :Society of Automotive Engineers, : c2013.,
Description:	1 electronic text (x, 169 p.) :col. ill., digital file. :
Subject:	Automobile industry and trade - Cost effectiveness. -
Online resource:	"http://digitallibrary.sae.org/content/r-414"
ISBN:	9780768078428 (PDF)

Integrated vehicle health management = business case theory and practice /
Integrated vehicle health managementbusiness case theory and practice /[electronic resource] :by Ian K. Jennions, editor. - Warrendale, Pa. (400 Commonwealth Dr., Wallendale PA USA) :Society of Automotive Engineers,c2013. - 1 electronic text (x, 169 p.) :col. ill., digital file. - Society of Automotive Engineers. Electronic publications. - Society of Automotive Engineers..

Includes bibliographical referencesand index.

1. Introduction / Ian K. Jennions -- 2. Making business cases for health management- return on investment / Peter A. Sandborn -- 3. Using real options to valuate decisions for systems with prognostic capabilities / Gilbert Haddad, Peter A. Sandborn, and Michael G. Pecht -- 4. Quantification of system-level business effects of IVHM / Vitali Volovoi -- 5. Asset management and its implications for IVHM / Charlie Dibsdale -- 6. Maintenance cost-analysis-leveraging prognostic information / Michael J. Roemer -- 7. Business potential of structural health monitoring in aeronautics / Christian Boller -- 8. The costs and benefits of IVHM : recent research / Tonci Grubic -- 9. Safety and IVHM / Kai Goebel -- 10. The view from the frontline -- IVHM at work : case studies -- 12 Concluding remarks / Ian K. Jennions.

Restricted to subscribers or individual electronic text purchasers.

Following the best seller, Integrated Vehicle Health Management: Perspectives on an Emerging Field, the new title Integrated Vehicle Health Management: The Business Case Theory and Practice takes the subject to the next level. This time it addresses the commercial justification for the adoption of a new modus operandi in asset health management, and its impact on business strategy and servitization of technology. Edited by Dr. Ian Jennions, Director of the IVHM Center at Cranfield University in the U.K., the book tackles the most important questions on the transformation of business from selling a product, and deriving future income from spare part sales, to selling a service in which income is received in return for effective maintenance of the asset. The resulting service business requires a much deeper understanding of how the product is used and should be maintained, thus providing the rationale for Integrated Vehicle Health Management- IVHM. Chapter highlights include: -How to calculate the return on investment of an IVHM system -How real options can be used for decision making -How the availability of prognostic information affects maintenance -The business potential of structural health monitoring in aeronautics Integrated Vehicle Health Management: The Business Case Theory and Practice includes interviews with manufacturers and suppliers on how they are marketing one-of-a-kind services, and opening up new and sustainable revenue streams. Case studies are also introduced to demonstrate the real value of condition-based maintenance, the advantage of cost avoidance and risk mitigation for high-value assets. The objective is to provide the tools and techniques for constructing a business case while also providing some of the context in which these variables are framed. Directed at industry professionals as well as researchers and students, Integrated Vehicle Health Management: The Business Case Theory and Practice fills an important gap in this emerging body of knowledge which unites the technical and the business aspects of a paradigm shift.

Mode of access: World Wide Web.

ISBN: 9780768078428 (PDF)

Standard No.: 10.4271/R-414doiSubjects--Topical Terms:

1218883
Automobile industry and trade
--Cost effectiveness.Subjects--Index Terms:

maintenance, repairand service operationsIndex Terms--Genre/Form:

554714
Electronic books.

LC Class. No.: HD9710.A2 / I493 2013eb

Dewey Class. No.: 658.2/7

Integrated vehicle health management = business case theory and practice /
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245 0 0 $a Integrated vehicle health management $h [electronic resource] : $b business case theory and practice / $c by Ian K. Jennions, editor.
260 $a Warrendale, Pa. (400 Commonwealth Dr., Wallendale PA USA) : $b Society of Automotive Engineers, $c c2013.
300 $a 1 electronic text (x, 169 p.) : $b col. ill., digital file.
490 1 $a Society of Automotive Engineers. Electronic publications
504 $a Includes bibliographical referencesand index.
505 0 $a 1. Introduction / Ian K. Jennions -- 2. Making business cases for health management- return on investment / Peter A. Sandborn -- 3. Using real options to valuate decisions for systems with prognostic capabilities / Gilbert Haddad, Peter A. Sandborn, and Michael G. Pecht -- 4. Quantification of system-level business effects of IVHM / Vitali Volovoi -- 5. Asset management and its implications for IVHM / Charlie Dibsdale -- 6. Maintenance cost-analysis-leveraging prognostic information / Michael J. Roemer -- 7. Business potential of structural health monitoring in aeronautics / Christian Boller -- 8. The costs and benefits of IVHM : recent research / Tonci Grubic -- 9. Safety and IVHM / Kai Goebel -- 10. The view from the frontline -- IVHM at work : case studies -- 12 Concluding remarks / Ian K. Jennions.
506 $a Restricted to subscribers or individual electronic text purchasers.
520 3 $a Following the best seller, Integrated Vehicle Health Management: Perspectives on an Emerging Field, the new title Integrated Vehicle Health Management: The Business Case Theory and Practice takes the subject to the next level. This time it addresses the commercial justification for the adoption of a new modus operandi in asset health management, and its impact on business strategy and servitization of technology. Edited by Dr. Ian Jennions, Director of the IVHM Center at Cranfield University in the U.K., the book tackles the most important questions on the transformation of business from selling a product, and deriving future income from spare part sales, to selling a service in which income is received in return for effective maintenance of the asset. The resulting service business requires a much deeper understanding of how the product is used and should be maintained, thus providing the rationale for Integrated Vehicle Health Management- IVHM. Chapter highlights include: -How to calculate the return on investment of an IVHM system -How real options can be used for decision making -How the availability of prognostic information affects maintenance -The business potential of structural health monitoring in aeronautics Integrated Vehicle Health Management: The Business Case Theory and Practice includes interviews with manufacturers and suppliers on how they are marketing one-of-a-kind services, and opening up new and sustainable revenue streams. Case studies are also introduced to demonstrate the real value of condition-based maintenance, the advantage of cost avoidance and risk mitigation for high-value assets. The objective is to provide the tools and techniques for constructing a business case while also providing some of the context in which these variables are framed. Directed at industry professionals as well as researchers and students, Integrated Vehicle Health Management: The Business Case Theory and Practice fills an important gap in this emerging body of knowledge which unites the technical and the business aspects of a paradigm shift.
530 $a Also available in print.
538 $a Mode of access: World Wide Web.
588 $a Title from PDF title page (SAE Web site, 01/04/2013).
650 0 $a Automobile industry and trade $x Cost effectiveness. $3 1218883
650 0 $a Automotive computers $v Congresses. $3 671417 $3 727847
650 0 $a Automotive sensors $v Handbooks, manuals, etc. $3 1106889
650 0 $a Automatic test equipment $v Cost effectiveness. $3 1218884
650 0 $a Value analysis (Cost control) $3 636505
653 $a maintenance, repairand service operations
653 $a reliability maintainability supportability
653 $a management and product development
655 0 $a Electronic books. $2 local $3 554714
700 1 $a Jennions, Ian K. $3 1218831
810 2 $a Society of Automotive Engineers. $3 639463
856 4 0 $3 SAE $u "http://digitallibrary.sae.org/content/r-414"