Schuh, G.Boos, W.Kozielski, S.Rajkumar RoyEssam Shehab2009-10-192009-10-1920092009-04-01G. Schuh, W. Boos, S. Kozielski, Life Cycle Cost-Orientated Service Models for Tool and Die Companies, Proceedings of the 1st CIRP Industrial Product-Service Systems (IPS2) Conference, Cranfield University, 1-2 April 2009, pp249978-0-9557436-5-8http://hdl.handle.net/1826/3843Organised by: Cranfield UniversityAs the success of a company’s service provision is founded in its business model, the latter needs to be redesigned to align strategic and operational objectives. Therefore at RWTH Aachen University a new approach to service models for the European tooling industry links products and services by means of a direct calculation of life cycle costs. Tool and die makers are enabled to offer product-service-systems, which allow expanding the range of service provision by directly addressing the cost-effectiveness of the whole product-service-system. Hence the minimisation of life cycle costs of tools and dies can be used as a new sales pitch for services in this unique industry.enCopyright: Cranfield University 2009Business ModelsProduct-Service-SystemsTool and die makingLife Cycle CostingConference paper