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The goals of product life cycle management (PLM) are to reduce time to market, improve product quality, reduce prototyping costs, identify potential sales opportunities and revenue contributions, maintain and sustain operational serviceability, and reduce environmental impacts at end-of-life.
Example of a Business Process Model and Notation for a process with a normal flow. Business Process Model and Notation (BPMN) is a graphical representation for specifying business processes in a business process model.
Life cycle assessment (LCA) is sometimes referred to synonymously as life cycle analysis in the scholarly and agency report literatures. [7] [1] [8] Also, due to the general nature of an LCA study of examining the life cycle impacts from raw material extraction (cradle) through disposal (grave), it is sometimes referred to as "cradle-to-grave analysis".
Market research is an organized effort to gather information about target markets and customers. It involves understanding who they are and what they need. [1] It is an important component of business strategy [2] and a major factor in maintaining competitiveness.
The first concept of Lean Six Sigma was created in Chuck Mills, Barbara Wheat, and Mike Carnell's 2001 book, Leaning into Six Sigma: The Path to Integration of Lean Enterprise and Six Sigma. [4]
Manufacturers will commit to very conservative service life, usually 2 to 5 years for most commercial and consumer products (for example computer peripherals and components).
A model attribution edit summary is Content in this edit is translated from the existing Indonesian Wikipedia article at [[:id:Wings (perusahaan)]]; see its history for attribution. You may also add the template {{Translated|id|Wings (perusahaan)}} to the talk page. For more guidance, see Wikipedia:Translation.
In strategic planning and strategic management, SWOT analysis (also known as the SWOT matrix, TOWS, WOTS, WOTS-UP, and situational analysis) [1] is a decision-making technique that identifies the strengths, weaknesses, opportunities, and threats of an organization or project.