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B2B Supplier solution readiness Service mgt & Science Forum Las Vegas, August 5-6, 2013. Dr. Stefan Michel Professor of Marketing and Service Management @michelstef. 200‘000 Fastening Products, ISO 9000 Quality, many products are highly standardized and commoditized.
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B2B Supplier solution readinessService mgt & Science ForumLas Vegas, August 5-6, 2013 Dr. Stefan Michel Professor of Marketing andService Management @michelstef
Stefan Michel 200‘000 Fastening Products, ISO 9000 Quality, many products are highly standardized and commoditized
Stefan Michel ABC Analysis and the 15/85 rule
Stefan Michel BRETIGNY-SUR-ORGE, France (Reuters) - The train derailment that killed at least six people in central France in July 2013 may have been caused by a loose steel plate at a junction, French train operator SNCF said. The steel plate, which should have remained bolted onto the track, moved to "the middle of the track junction", preventing the rolling stock from passing through, Pierre Izard, head of infrastructure services at SNCF, said on Saturday. Fasteners are not expensive, but criticalTrain derailment kills 7 in France
Stefan Michel Strategic Pillars for Bossard:Intelligent Solutions for High Productivity Engineering Logistics Product
Stefan Michel System organization of C-Part auto supply management with development of e-scale inventory management (Smart Bin System) Engineering Logistics Products
Stefan Michel Logistics Solutions: Smart Bin Engineering Logistics Products
Stefan Michel Bossard Inventory Management (BIM) Engineering Logistics Products • Customers • keep control over the selection and procurement of their C-parts • remain in permanent contact with their suppliers • Suppliers • fully comply with their technical responsibilities • prevent bottlenecks in supply through keeping a guaranteed level of reserve stock • Bossard Inventory Management • takes over the responsibility for your supply of C-parts • manages your storage facility • organises replacement stock • guarantees the automatic flow of information • coordinates the flow of goods • creates a consolidated monthly invoice for you
Research Question: How can suppliers evaluate whether or not they are ready for making money from business solutions? • Research Phase I: Exploratory Interviews • Interviews with 21 executives in B2B firms • Different industries • Different countries • Identification of 17 strategic interaction • (1) Is the decision applicable beyond a specific context, such as a firm or industry? • (2) Did multiple participants mention the decision? • (3) Does the decision go beyond the obvious to provide interesting and useful conclusions? • Research Phase II: In-depth case study with 4 partner firms
Constructing a Concept of Solution Readiness -Transparency about value co-creation processes -Business knowledge exchange -Willingness to make up-front investment -Willingness to compromise existing business -Willingness to accept supplier as business consultant -Willingness to become more dependent -Thinking long-term in total costs Customer-Supplier Relationship -Clear target for solution redeployment -Suitable price carrier identified and implemented -Strategy to convince customer that value captured is a «fair share» -Commiting to the solution scope Supplier Customer Co-creation Value -Willigness to accept changes to the customer’s existing value system -Access to complementary partnering companies -Collaborative working with competing companies -Ability to change their positioning in the value system -Willingness of existing actors to adapt to new roles -Flexibility of new actors to adapt to the solution-specific value syste Relationships in the Value System