: Because providers often maintain ownership in use-oriented models, they are incentivized to design more durable, energy-efficient products, contributing to a Circular Economy .
This movement is often called . By moving from a pure-product model to a PSS, companies can: : Because providers often maintain ownership in use-oriented
The acronym most commonly refers to Product-Service Systems , a transformative business model that integrates tangible products and intangible services into a single, cohesive offering. In psychology and health, it also stands for the Perceived Stress Scale , a widely used instrument for measuring the degree to which life situations are appraised as stressful. In psychology and health, it also stands for
: Continuous service interactions foster stronger, long-term B2B and B2C relationships. The Rise of Smart PSS : The customer still owns the product, but
Below is a detailed exploration of PSS in its primary industrial and psychological contexts.
: The customer still owns the product, but the manufacturer provides additional services like maintenance, repair, or training to extend the product's life.
: The customer and provider agree on a specific result (e.g., "guaranteed uptime" for a machine) without specifying the exact product used to achieve it. The Strategic Shift to "Servitization"