Purpose – Performance‐based logistics (PBL) strategies are providing governments and for‐profit organizations with a contractual mechanism that reduces the life cycle costs of their systems. PBL accomplishes this by establishing contracts that focus on the delivery of performance not...

Purpose – Original equipment manufacturers (OEMs) start providing support to products that helped them in sustaining their business worldwide. The customers are entering into contracts with the OEM, to get the required level of performance but at minimum possible cost. It required the work...