The Product Life Cycle Management StagesSince many companies need to coordinate their resources and people in different places, the processes need to be cohesive if there is a chance at minimizing waste. Cohesiveness also keeps the process product-centric and gives it a better chance of success in the marketplace. Many industry models of PLM are in use today. The one featured below is a compilation of the best and most widespread methods used with the necessary steps annotated. To start, PLM has three overarching stages:
Beginning of Life (BOL): The beginning of life phase includes all of the design and manufacturing, which consists of the initial conceptualization and development, and any prototypes built. Initial development has multiple sub-actions that identify all the requirements, concepts, and necessary testing. Regardless of the structure of production, the company must maintain the BOL stage. BOL is your product coming to life, along with its specifications, production process, and supply needs.
Middle of Life (MOL): The middle of life phase is post-manufacturing, when your product is distributed, used, and serviced. At this point, your product is in the hands of the end user. You can collect data on any failures, maintenance rates, and user experience to get information for immediate fixes and future development.
End of Life (EOL): The end of life phase is the retiring, recycling, or disposing of your product. At this point, the reverse logistics happen for the company. EOL starts when users no longer have a need for the product. At this stage, companies collect information about what parts and materials are still valuable.
The particular concerns of end-of-life depend on the product in question and whether the perspective is that of the manufacturer or the user. For the manufacturer, EOL concerns involve not only discontinuing production but also continuing to address the market needs that the product addresses -- which might lead to the development of a new product. For the business using the product, EOL concerns include disposing of the existing product responsibly, transitioning to a different product and ensuring that disruption will be minimal.
Manufacturers utilize us to quickly and securely destroy merchandise that needs to be removed from their distribution channel. We ensure fast turn-around and strict accounting so security breaches are avoided thereby protecting our clients' quality control standards and liability. We can quickly and efficiently destroy end-of-life products in manufacturing sector, unused and retired medical equipment and supplies, etc.
True to the original vision, our advanced one source product disposition solution suite is organically imbedded with Genesis's 100% Zero Landfill e-waste and products recycling platform for full integration, maximum security and protection, optimal value recovery and complete waste elimination.
Genesis Dome is an industry-leading holistic platform for manufactured product disposition management. Organically imbedded with Genesis's Zero Landfill e-waste and products recycling platform for full integration, maximum security and protection, optimal value recovery and complete waste elimination
Leading US corporations rely on Genesis one source solution suite for Trusted Maximum Security, Reliable Maximum Value Recovery and Zero Landfill RecyclingWe're here to help.
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Leading U.S. corporations depend on Genesis for one-source 100% zero Landfill waste elimination, cost reduction and business growth solutions in the following market segments:
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Manufactured Product EOL Management
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E-Waste and Product Recycling
E-Waste and Product Zero Landfill Management