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Understand what your maintenance service partners value

Understand what your maintenance service partners value PurposeThe purpose of this paper is to identify what is currently valued in maintenance services. The study first conceptualizes the value construct through an examination of its elements, including both financial and non-financial elements, and second provides insight into its actors’ (i.e. customer companies, service providers, equipment providers) attitudes toward value creation.Design/methodology/approachThe study uses data collected from maintenance service professionals by an online survey. First an explorative factor analysis is conducted to examine the value construct. After this cluster analysis is conducted to define the actors.FindingsThe empirical findings suggest seven main elements that capture maintenance service value: relationship synergies, reliability of the service partner, development, availability, service solutions and problem solving ability, environment, health, safety and quality, and adaptability to suit different situations. Further analysis reveals that the actors can be divided into three main strategy types: basic, quality- and collaboration-oriented partners.Originality/valueIn previous studies the comprehensive nature of maintenance service value has received less attention, and the literature has focused on the technical and financial aspects. This paper provides a new conceptualization of the value creating elements, including also non-financial elements, and offers an integrated measure for the actors to identify the comprehensive value construct around maintenance services. In addition, the findings show that the actors in the field still have varying strategies when considering value creation. Communication and mutual understanding of the value creating elements are important so that right services are carried out and developed with the right partners. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Quality in Maintenance Engineering Emerald Publishing

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
1355-2511
DOI
10.1108/JQME-08-2016-0035
Publisher site
See Article on Publisher Site

Abstract

PurposeThe purpose of this paper is to identify what is currently valued in maintenance services. The study first conceptualizes the value construct through an examination of its elements, including both financial and non-financial elements, and second provides insight into its actors’ (i.e. customer companies, service providers, equipment providers) attitudes toward value creation.Design/methodology/approachThe study uses data collected from maintenance service professionals by an online survey. First an explorative factor analysis is conducted to examine the value construct. After this cluster analysis is conducted to define the actors.FindingsThe empirical findings suggest seven main elements that capture maintenance service value: relationship synergies, reliability of the service partner, development, availability, service solutions and problem solving ability, environment, health, safety and quality, and adaptability to suit different situations. Further analysis reveals that the actors can be divided into three main strategy types: basic, quality- and collaboration-oriented partners.Originality/valueIn previous studies the comprehensive nature of maintenance service value has received less attention, and the literature has focused on the technical and financial aspects. This paper provides a new conceptualization of the value creating elements, including also non-financial elements, and offers an integrated measure for the actors to identify the comprehensive value construct around maintenance services. In addition, the findings show that the actors in the field still have varying strategies when considering value creation. Communication and mutual understanding of the value creating elements are important so that right services are carried out and developed with the right partners.

Journal

Journal of Quality in Maintenance EngineeringEmerald Publishing

Published: May 8, 2017

References