PRODUCT LIFE CYCLE

Product life cycle can affect a business's 'cost recovery' performance?

Product life cycle can affect a business's 'cost recovery' performance?

Outline

Introduction

Discussion

A. Market introduction stage

B. Growth stage

C. Maturity stage

D. Saturation and decline stage

III. conclusion

Introduction

As the product life-cycle costs occur at all stages of the use and impact of different, Cost control, a very different way of thinking, which should be differentiated in various stages of performance evaluation. This paper is selected industrial enterprises, such as trying to build a future product life cycle assessment of performance. Of course, some estimates of the index not only at a certain level, the impact of various stages of assessing the effectiveness should be different, but not completely separated.

From the producer point of view, the product life cycle, including product development and design, procurement, manufacturing, sales and after-sales phases. Complete picture of the entire process life-cycle costs, and thus to be a pilot preventive control is an important concept of strategic cost management, with specific indicators and methods of production process and results of operations, to value judgments of effectiveness evaluation, cost management, the importance of content. complete product life cycle cost and compare target costs can determine whether product sales revenues sufficient to cover companies in the development, production, sales and after sales services at all stages of the value, and hence the profitability of the product to make a correct and comprehensive evaluation. Costs incurred due to the different stages of use and impact of different, cost control, a very different way of thinking, which should be differentiated in various stages of performance evaluation. At the same time, taking into account the various sectors of system performance evaluation index should be different, this paper selected industrial enterprises, for example, in terms of product life cycle building performance assessment system.

Discussion

Product life cycle assessment of performance were carried out relevant research scientists, most of the balanced scorecard, based on the life cycle of plants use different indicators to assess or in accordance with the corporate life cycle, in which the weight of indicators updated: Shih Shu-ling (2004) about the corporate life cycle and the evaluation system of the index, a detailed analysis of the options that the issue of corporate entrepreneurship is more important non-financial indicators, the stage of business growth, reflecting the ability of growth, such as training and performance innovation, customer satisfaction, market share and so many more important, mature companies that are focused on the effectiveness of internal processes and corporate culture construction, personnel training, to learn the share of other problems, recession, businesses were concerned about references to new technology, future developments and other factors change. Chen Wan-ming (2004) proposed for each lifecycle management strategy to break down, depending on the different strategic objectives, an analysis of each life cycle of various financial and nonfinancial indicators of the degree of concern, with Germany and Figa correct method for determining the weight of each indicator.

1. Market introduction stage

Product life cycle market introduction stage ...