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Projects: Projects for Investigator
Reference Number InnUK/132072/01
Title Creating a value network through supplier adoption of sale-of-service business models
Status Completed
Energy Categories Energy Efficiency(Transport) 50%;
Hydrogen and Fuel Cells(Fuel Cells, Mobile applications) 50%;
Research Types Applied Research and Development 50%;
Final stage Development and Demonstration 50%;
Science and Technology Fields SOCIAL SCIENCES (Business and Management Studies) 100%
UKERC Cross Cutting Characterisation Sociological economical and environmental impact of energy (Environmental dimensions) 25%;
Not Cross-cutting 50%;
Sociological economical and environmental impact of energy (Other sociological economical and environmental impact of energy) 25%;
Principal Investigator Project Contact
No email address given
Riversimple Engineering Limited
Award Type Feasibility Study
Funding Source Innovate-UK
Start Date 01 October 2015
End Date 31 March 2016
Duration 6 months
Total Grant Value £38,168
Industrial Sectors
Region South East
Programme Competition Call: 1503_FS_SUST_CEBM - Circular economy Business Models. Activity Circular Economy : Business Models
 
Investigators Principal Investigator Project Contact , Riversimple Engineering Limited (61.824%)
  Other Investigator Project Contact , Cardiff Metropolitan University (38.176%)
  Industrial Collaborator Project Contact , Mark Water Pumps Limited (0.000%)
Project Contact , Ecodesign Centre (EDC) (0.000%)
Project Contact , Bristol Fluid System Technologies Limited (0.000%)
Web Site
Objectives
Abstract Riversimple, who are currently developing ultra-efficient fuel cell electric vehicles, have formed a collaboration with Ecodesign Centre Wales, QSA Partners, KS Composites, Swagelok Bristol and MARK Water Pumps to explore the feasibility of creating a value network through supplier adoption of sale-of-service business models. Selling mobility as a service, rather than cars, is a key part of Riversimple's strategy, as this creates a competitive advantage through resource efficiency. By encouraging supplier to adopt the same model their interests will be aligned, with the potential to realise significant value when compared with traditional business models. The study will create an agreed value proposition for one supplier to Riversimple to adopt a sale-of-service approach and a plan to pilot the business model alongside the first customer trial of Riversimple vehicles. Suppliers will be selected for the pilot through a planned engagement process. A further outcome will be the development of a methodology for supplier sale-of-service development, for use by Riversimple and for wider dissemination.Riversimple, who are currently developing ultra-efficient fuel cell electric vehicles, have formed a collaboration with Ecodesign Centre Wales, QSA Partners, KS Composites, Swagelok Bristol and MARK Water Pumps to explore the feasibility of creating a value network through supplier adoption of sale-of-service business models. Selling mobility as a service, rather than cars, is a key part of Riversimple's strategy, as this creates a competitive advantage through resource efficiency. By encouraging supplier to adopt the same model their interests will be aligned, with the potential to realise significant value when compared with traditional business models. The study will create an agreed value proposition for one supplier to Riversimple to adopt a sale-of-service approach and a plan to pilot the business model alongside the first customer trial of Riversimple vehicles. Suppliers will be selected for the pilot through a planned engagement process. A further outcome will be the development of a methodology for supplier sale-of-service development, for use by Riversimple and for wider dissemination.Riversimple, who are currently developing ultra-efficient fuel cell electric vehicles, have formed a collaboration with Ecodesign Centre Wales, QSA Partners, KS Composites, Swagelok Bristol and MARK Water Pumps to explore the feasibility of creating a value network through supplier adoption of sale-of-service business models. Selling mobility as a service, rather than cars, is a key part of Riversimple's strategy, as this creates a competitive advantage through resource efficiency. By encouraging supplier to adopt the same model their interests will be aligned, with the potential to realise significant value when compared with traditional business models. The study will create an agreed value proposition for one supplier to Riversimple to adopt a sale-of-service approach and a plan to pilot the business model alongside the first customer trial of Riversimple vehicles. Suppliers will be selected for the pilot through a planned engagement process. A further outcome will be the development of a methodology for supplier sale-of-service development, for use by Riversimple and for wider dissemination.Riversimple, who are currently developing ultra-efficient fuel cell electric vehicles, have formed a collaboration with Ecodesign Centre Wales, QSA Partners, KS Composites, Swagelok Bristol and MARK Water Pumps to explore the feasibility of creating a value network through supplier adoption of sale-of-service business models. Selling mobility as a service, rather than cars, is a key part of Riversimple's strategy, as this creates a competitive advantage through resource efficiency. By encouraging supplier to adopt the same model their interests will be aligned, with the potential to realise significant value when compared with traditional business models. The study will create an agreed value proposition for one supplier to Riversimple to adopt a sale-of-service approach and a plan to pilot the business model alongside the first customer trial of Riversimple vehicles. Suppliers will be selected for the pilot through a planned engagement process. A further outcome will be the development of a methodology for supplier sale-of-service development, for use by Riversimple and for wider dissemination.Riversimple, who are currently developing ultra-efficient fuel cell electric vehicles, have formed a collaboration with Ecodesign Centre Wales, QSA Partners, KS Composites, Swagelok Bristol and MARK Water Pumps to explore the feasibility of creating a value network through supplier adoption of sale-of-service business models. Selling mobility as a service, rather than cars, is a key part of Riversimple's strategy, as this creates a competitive advantage through resource efficiency. By encouraging supplier to adopt the same model their interests will be aligned, with the potential to realise significant value when compared with traditional business models. The study will create an agreed value proposition for one supplier to Riversimple to adopt a sale-of-service approach and a plan to pilot the business model alongside the first customer trial of Riversimple vehicles. Suppliers will be selected for the pilot through a planned engagement process. A further outcome will be the development of a methodology for supplier sale-of-service development, for use by Riversimple and for wider dissemination.
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Added to Database 18/01/16