Product life cycle: The key to integrating ehs into corporate decision making and operations

1993 ◽  
Vol 3 (2) ◽  
pp. 141-150 ◽  
Author(s):  
James Cahan ◽  
Mel Schweiger
Keyword(s):  
Decision Making ◽  
Life Cycle ◽  
Product Life Cycle ◽  
Product Life

scholarly journals Understanding the Stages of the Product Life Cycle

2021 ◽  
Author(s):  
Chinonso Kenneth Udokporo
Keyword(s):  
Decision Making ◽  
Life Cycle ◽  
Technological Innovation ◽  
Product Life Cycle ◽  
Corporate Strategy ◽  
Strategy Development ◽  
Product Life ◽  
Technology Deployment ◽  
Biological Studies ◽  
Support Decision Making

Originally formulated in the context of biological studies, the Life cycle (LC) concept was and now has become widely adopted as a framework for the interpretation and evaluation of phenomena that are subject to, and bound by the inevitability of change. The application of the LC concept to the development of industrial products is an important element in the administration of technological innovation. On this basis, therefore, it is referred to as the product life cycle (PLC). The concept of the PLC is used to support decision making in the management of product development. It may also be used in corporate strategy development, as well as the planning of activities and can be adapted to focus on technology deployment.

A Sustainability and Mass Customization Assessment Framework

2012 ◽  
Author(s):  
Khaled Medini ◽  
Catherine Da Cunha ◽  
Alain Bernard
Keyword(s):  
Decision Making ◽  
Supply Chain ◽  
Life Cycle ◽  
Mass Customization ◽  
Product Life Cycle ◽  
Current Paper ◽  
Decision Making Process ◽  
Assessment Framework ◽  
Product Life ◽  
Sustainability Performance

The paper presents a framework for the assessment of mass customization and sustainability performance of enterprises and supply chains. The assessment includes the product, process, enterprise and supply chain levels while considering the product life cycle phases. This two perspectives approach ensures a quite complete assessment and provides guidance to designers and managers during the decision making process. The framework construction and use methods are depicted in the current paper.

A method for Estimating the Degree of Uncertainty With Respect to Life Cycle Assessment During Design

2010 ◽  
Vol 132 (9) ◽  
Author(s):  
Srinivas Kota ◽  
Amaresh Chakrabarti
Keyword(s):  
Decision Making ◽  
Life Cycle Assessment ◽  
Life Cycle ◽  
Environmental Impact ◽  
Product Life Cycle ◽  
Uncertainty Estimation ◽  
Decision Making Process ◽  
Product Life ◽  
Individual Product ◽  
Total Impact

Life cycle assessment (LCA) is used to estimate a product’s environmental impact. Using LCA during the earlier stages of design may produce erroneous results since information available on the product’s lifecycle is typically incomplete at these stages. The resulting uncertainty must be accounted for in the decision-making process. This paper proposes a method for estimating the environmental impact of a product’s life cycle and the associated degree of uncertainty of that impact using information generated during the design process. Total impact is estimated based on aggregation of individual product life cycle processes impacts. Uncertainty estimation is based on assessing the mismatch between the information required and the information available about the product life cycle in each uncertainty category, as well as their integration. The method is evaluated using pre-defined scenarios with varying uncertainty.

scholarly journals Closed Product Life Cycle as a Basis of the Circular Economy

2021 ◽  
Vol 5 (4) ◽  
pp. 36-50
Author(s):  
Maria Vetrova ◽  
Dinara Ivanova
Keyword(s):  
Decision Making ◽  
Life Cycle ◽  
Supply Chains ◽  
Circular Economy ◽  
Product Life Cycle ◽  
Digital Technologies ◽  
Economic Feasibility ◽  
Decision Support Model ◽  
Product Life ◽  
The Impact

Objective – The circular economy aims to preserve the value of products and materials within a closed supply chain. The existing models and decision-making methods for managing the end of the product life cycle are mostly focused on the economic aspects. While the circular economy is aimed at combining environmental, economic and social goals. This article aims to develop a model for enterprise decision-making on the disposal of used products, taking into account socio-environmental and economic factors. Methodology/Technique – The article analyzes the impact of digital technologies on the formation of closed supply chains and the development of a circular economy. At the same time, special attention is focused on the model of a closed product life cycle, as a fundamental element in the formation of a circular economy at the micro and nano levels, as well as the importance of using digital technologies at all stages of the product life cycle. Findings –The methods of product management at the end of the life cycle studied in the article have made it possible to form a simulation decision support model regarding the method of product disposal, taking into account environmental and economic feasibility. Novelty – This study identified the main trends in the development of closed supply chains under the influence of digital technologies in the context of a circular economy. Type of Paper: Review JEL Classification: F42, F43 Keywords: Circular Economy; Digital Technology; Decision-making Model; Closed-loop Supply Chains Reference to this paper should be made as follows: Vetrova, M; Ivanova, D. (2021). Closed Product Life Cycle as a Basis of the Circular Economy, Journal of Business and Economics Review, 5(4) 36–50. https://doi.org/10.35609/jber.2021.5.4(4)

scholarly journals Opportunities and challenges for the inclusion of patient preferences in the medical product life cycle: a systematic review

2019 ◽  
Vol 19 (1) ◽  
Author(s):  
Rosanne Janssens ◽  
Isabelle Huys ◽  
Eline van Overbeeke ◽  
Chiara Whichello ◽  
Sarah Harding ◽  
...  
Keyword(s):  
Systematic Review ◽  
Decision Making ◽  
Life Cycle ◽  
Patient Preferences ◽  
Product Life Cycle ◽  
Grey Literature ◽  
Medical Product ◽  
Preference Heterogeneity ◽  
Product Life ◽  
Benefit Risk Assessment

Abstract Background The inclusion of patient preferences (PP) in the medical product life cycle is a topic of growing interest to stakeholders such as academics, Health Technology Assessment (HTA) bodies, reimbursement agencies, industry, patients, physicians and regulators. This review aimed to understand the potential roles, reasons for using PP and the expectations, concerns and requirements associated with PP in industry processes, regulatory benefit-risk assessment (BRA) and marketing authorization (MA), and HTA and reimbursement decision-making. Methods A systematic review of peer-reviewed and grey literature published between January 2011 and March 2018 was performed. Consulted databases were EconLit, Embase, Guidelines International Network, PsycINFO and PubMed. A two-step strategy was used to select literature. Literature was analyzed using NVivo (QSR international). Results From 1015 initially identified documents, 72 were included. Most were written from an academic perspective (61%) and focused on PP in BRA/MA and/or HTA/reimbursement (73%). Using PP to improve understanding of patients’ valuations of treatment outcomes, patients’ benefit-risk trade-offs and preference heterogeneity were roles identified in all three decision-making contexts. Reasons for using PP relate to the unique insights and position of patients and the positive effect of including PP on the quality of the decision-making process. Concerns shared across decision-making contexts included methodological questions concerning the validity, reliability and cognitive burden of preference methods. In order to use PP, general, operational and quality requirements were identified, including recognition of the importance of PP and ensuring patient understanding in PP studies. Conclusions Despite the array of opportunities and added value of using PP throughout the different steps of the MPLC identified in this review, their inclusion in decision-making is hampered by methodological challenges and lack of specific guidance on how to tackle these challenges when undertaking PP studies. To support the development of such guidance, more best practice PP studies and PP studies investigating the methodological issues identified in this review are critically needed.

Activity-Based Costing in Design for Product Retirement

1994 ◽  
Author(s):  
Jan Emblemsvåg ◽  
Bert Bras
Keyword(s):  
Decision Making ◽  
Life Cycle ◽  
Life Cycle Cost ◽  
Product Life Cycle ◽  
Design Decision ◽  
Activity Based Costing ◽  
Product Life ◽  
The Cost ◽  
Future Work

Abstract In this paper, an approach is presented to estimate the cost incurred by different designs based on Activity-Based Costing (ABC). The suitability of utilizing ABC in design is explored in the context of design for product retirement. A comparison is made with a number of approaches for estimating product life-cycle cost. In comparison to other costing schemes, ABC has the advantages that it can trace both direct and indirect (overhead) costs correctly back to where these costs actually were incurred. This ‘traceability’ facilitates the identification of the most cost inefficient parts of the design, which makes ABC much more suitable for design decision making than other costing schemes. In general, ABC is also more accurate. Although the costs related to any part of a product’s life-cycle can be estimated, an automobile product retirement example is used to illustrate the usage of the approach described. In the example, a decision has to be made whether to pursue a recyclable car or a non-recyclable car. Future work is identified, primarily related to the inclusion of uncertainty in the approach presented.

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