Page 223 - Design for Environment A Guide to Sustainable Product Development
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200    Cha pte r  T e n

                    •  Product Launch & Value Chain Operation—Ramp-up and
                      implementation of value-chain operations and business
                      processes, including product introduction, marketing and
                      sales, manufacturing and distribution, and customer service.
                      These activities correspond to the physical life cycle depicted
                      in Figure 5.2.
                    • Life-Cycle  Performance  Tracking—Periodic monitoring of
                      product performance indicators, and reporting of the results
                      to management, shareholders, and external stakeholders. In -
                      dicators and metrics relevant to life-cycle environmental per-
                      formance are discussed in Chapter 7.
                    •  Product Replacement or Renewal—Periodic interventions
                      to enhance, upgrade, extend, or replace the product, as it
                      matures and as market conditions evolve. Eventually the
                      product may be retired, although successful products have
                      been sustained for many decades. Decisions to modify the
                      product line will trigger a new cycle of product development.
                   Product life-cycle management encompasses an array of pro-
               cesses and services that are required to develop, manufacture, dis-
               tribute, and support the product. For global manufacturers, this
               involves coordination of a complex set of supply chain capabilities
               around the world. At a more granular level, the same type of con-
               tinuous improvement cycle can be applied to life-cycle management
               of individual processes, facilities, or services. As shown in Figure
               10.2, there is an intersection between the facility life cycle and the
               product life cycle, but a specific product typically relies on multiple

























               FIGURE 10.2  Life-cycle stages for management of products and facilities by
               cross-functional teams.
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