Instead of having an individual one-off lifecycle, products are nurtured through a life-circle concept.
Guarantees product competitiveness constantly throughout the entire product lifetime. Enables organizational learning by embedding accumulated experience into new concepts and products.
Three overlapping, concurrent and cyclical processes that feed each other: concept creation, product development, and healthcare.
Continuous activity.
Easy and natural management of product lifecircle. Utilization of accumulated experience and competence through:
Applicable to a physical product, services, solutions, and combinations of these.