Product Portfolio Management

AbstractThe paper studies what kind of support could be applied to the management of partly configurable modular systems. The main tasks of product management, product portfolio management and product variety management are defined. In addition, a partly configurable product structure and modular system are defined. Because the limited support in the literature for managing partly configurable modular systems, the article reviews previous product development cases in which authors have been involved on lessons learnt basis, i.e., if the methods and tools used in the cases could provide support for the research objective. As a result, the existing definition of the modular system should be extended by the concepts of non-module and design decision sequence description when dealing with partly configurable modular systems. This is because engineer-to-order should be made possible in cases where it brings clear added value to the customer compared to completely pre-defined solutions that may limit the customer's interest in the offering. Tools to assess the impact of changes to the product offering are required. These should be taken into account in frameworks that are used in method and tool development.

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Product Portfolio Management: An Important Business Strategy

Foundations of Management ◽

10.1515/fman-2015-0023 ◽

2015 ◽

Vol 7 (1) ◽

pp. 29-36 ◽

Cited By ~ 1

Author(s):

Mishelle Doorasamy

Keyword(s):

Decision Making ◽

Product Development ◽

New Product Development ◽

Portfolio Management ◽

Business Strategy ◽

New Product ◽

Product Portfolio ◽

Historical Developments ◽

Statistical Trends ◽

The Relationship

Abstract The aim of this article is to provide reader with a comprehensive insight on the theories, empirical findings and models of Product Portfolio Management (PPM) during new product development. This article will allow for an in-depth theoretical approach on PPM and demonstrate to managers the importance of adopting PPM as business strategy during decision making. The objective of this paper is to present a literature review of models, theories, approaches and findings on the relationship between Product Portfolio Management and new product development. Relevant statistical trends, historical developments, published opinion of major writers in this field will be presented to provide concrete evidence of the problem being discussed.

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Digitalisation of a company decision-making system: a concept for data-driven and fact-based product portfolio management

Journal of Decision System ◽

10.1080/12460125.2020.1829386 ◽

2020 ◽

pp. 1-22

Author(s):

Hannu Hannila ◽

Seppo Kuula ◽

Janne Harkonen ◽

Harri Haapasalo

Keyword(s):

Decision Making ◽

Portfolio Management ◽

Data Driven ◽

Product Portfolio ◽

System A ◽

Decision Making System ◽

A Company

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Product Deletion and Sustainable Supply Chains

Global Perspectives on Green Business Administration and Sustainable Supply Chain Management - Advances in Logistics, Operations, and Management Science ◽

10.4018/978-1-7998-2173-1.ch001 ◽

2020 ◽

pp. 1-15 ◽

Cited By ~ 2

Author(s):

Qingyun Zhu ◽

Joseph Sarkis

Keyword(s):

Supply Chain ◽

Supply Chain Management ◽

Supply Chains ◽

Portfolio Management ◽

Product Portfolio ◽

Chain Process ◽

Sustainable Supply Chain ◽

Chain Management ◽

Sustainable Supply Chains ◽

Design And Manufacture

Products and their associated material, capital, and information are critical flows within supply chains. Supply chain management needs to facilitate product portfolio management. Some example activities include material sourcing, product design and manufacture, product delivery and transportation, product usage, and service. Closing the supply-chain loop, especially for sustainable supply chains, include end-of-life disposal and repurposing activities. Sustainable supply chain development typically focuses on three major dimensions of organizational competitiveness, economic, social, and environmental. Organizations make product deletion continuously. These decisions can profoundly contribute to sustainability. Alternatively, sustainability performance of various supply chain process and product or material flows may also be strategic product deletion reasons. This chapter will review the integration of product deletion with sustainable supply chain management. It will entail the impact of product deletion on sustainable supply chains.

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