What is the management of the life cycle of the product?

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life cycle management includes a process that the product must go through to become a tangible and complete product offered for the sale of an end user or consumer. The product management process is four phases or phases: build, design, realization and service. These phases can be processed or under the supervision of one main individual responsible for the product - called product manager or project manager - or can be processed by various departments and divisions in business. This can be done by research and development departments or individuals working in a company who are tasked to come up with new potential products for sale. The product can be conceived as a supplement or supplement to an existing product line or can be a new product line. In general, the concept of idea includes brainstorming for soluting the problem or identifying unsatisfied market demand that the product can meet.

As soon as the idea of ​​the product is created, a real physical product must be designed; This is another phase of the product management process. Many different departments of the company can work in this process. Engineers can work on product design logistics, ensure that the product works and is functional and that all pieces can fit together, so they can actually be made. On the other hand, the marketing department can focus on the physical design of the product and cause it to look attractive to consumers who will then want to buy the product.

After completing the design process, the next step of the product management process is to actually understand how to create a product. This phase is referred to as the phase in which it is realized. This often includes defining how the product will be produced and ensured by its production. The company can assemble parts and tools notBO can take care of the assembly of the product.

The last phase of the product management cycle is the service. During this phase, those who will act as a support staff of the product will be trained and teaches how it is used. For example, authorized repairs can be learned to repair and maintain the product. Customer service or technical support people can be instructed on how to answer the questions about the product.