A contribution to the Life Cycle Management Application to mould making business

Abstract

The Life Cycle Management (LCM) concept defines a new wide open type of management. With this concept the managers must see a product in its entire life cycle, regarding typical managerial subjects, environmental issues like air emissions generated, and all massic and energetic streams. With this approach, managers will be able to predict the total cost of a product, the natural resources consumed, the energy spent and the environmental impact associated to a specific product. The application of these concepts in the mould making sector will enhance significantly the competitiveness of the currently called Eastern World manufacturers since this kind of tools are considered the key factors to compete with Asiatic companies. In this paper is presented a LCM model structure that can be used in the future by the sector. The model is applied to three different case studies in order to demonstrate the importance of this approach and the type of analysis and knowledge upgrade it can support.