Title: Sustainable value analysis tool for value creation

Authors: Miying Yang; Doroteya Vladimirova; Padmakshi Rana; Steve Evans

Addresses: Institute for Manufacturing, Department of Engineering, University of Cambridge, 17 Charles Babbage Road, Cambridge, CB3 0FS, UK ' Institute for Manufacturing, Department of Engineering, University of Cambridge, 17 Charles Babbage Road, Cambridge, CB3 0FS, UK ' Institute for Manufacturing, Department of Engineering, University of Cambridge, 17 Charles Babbage Road, Cambridge, CB3 0FS, UK ' Institute for Manufacturing, Department of Engineering, University of Cambridge, 17 Charles Babbage Road, Cambridge, CB3 0FS, UK

Abstract: Product-service systems (PSS) have been regarded as a promising business model to achieve sustainable production and consumption. Recent research and practice suggest the need for tools to help companies integrate sustainability into the development of PSS. The purpose of this paper is to present a sustainable value analysis tool (SVAT), and provide empirical evidence for the development and use of the tool. The tool builds on a multi-disciplinary literature analysis and qualitative data from five Chinese manufacturing companies. It is developed to assist manufacturing companies in identifying opportunities for sustainable value creation in the process of PSS development. The use of the tool in an industrial context is illustrated.

Keywords: sustainable value analysis tool; SVAT; product-service systems; PSS; sustainable value creation; industrial sustainability; management science; China; manufacturing industry.

DOI: 10.1504/AJMSA.2014.070649

Asian Journal of Management Science and Applications, 2014 Vol.1 No.4, pp.312 - 332

Received: 07 Mar 2014
Accepted: 05 Sep 2014
Published online: 16 Jul 2015 *

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