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Simulation analysis of engineering business process in asset sustainment activities based on total cost of ownership

journal contribution
posted on 2024-11-02, 18:17 authored by John MoJohn Mo, Anthony Caporaso
Major assets such as buildings, infrastructure and defence systems are long term investments that require many outsourced sustainment activities to maintain satisfactory performances over their service life. When multiplied by the number of years that the sustainment is planned to be undertaken, the contracting cost is high. Many business processes are established to govern these asset sustainment activities and eventually become the source of inefficiency. This paper analyses the performance of these processes using a performance driven approach. Combined with input data of requests for engineering change in similar assets, this paper evaluates a new business process redesigned from an existing process to achieve significant savings in total cost of ownership as well as improving other non-financial performance indicators.

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Related Materials

  1. 1.
    DOI - Is published in 10.1177/18479790211010125
  2. 2.
    ISSN - Is published in 18479790

Journal

International Journal of Engineering Business Management

Volume

13

Start page

1

End page

19

Total pages

19

Publisher

Sage

Place published

United Kingdom

Language

English

Copyright

© The Author(s) 2021 Creative Commons CC BY: This article is distributed under the terms of the Creative Commons Attribution 4.0 License

Former Identifier

2006109112

Esploro creation date

2021-08-14

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