An Evolutionary Model of the Product Life Cycle: The Peculiarities of Adaptation

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Abstract

There are considering distinguished 13 stages of the product life cycle. They can be applied to a specific product in various combinations. PLM and CALS tools help you to carry out information support of goods at all stages of the life cycle. Manufacture of products for individual orders is a global trend. It enables the OS to move from mass marketing to marketing of customer requests, from the competition for market share to the competition for a particular buyer. This modern solution requires the use of tools which estimate the effectiveness of implementations of variability of goods' sets. A significant and growing volume of information' interaction of all participants in the product life cycle is proposed to be regulated by the tools of the blockchain technology. Smart contracts enable us to determine ways to solve these problems through the implementation of its advantages: autonomy; the trust; reservation; transmission speed; accuracy; cost savings.

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Milchakova, N., & Reshetnikov, L. (2020). An Evolutionary Model of the Product Life Cycle: The Peculiarities of Adaptation. In IOP Conference Series: Materials Science and Engineering (Vol. 753). Institute of Physics Publishing. https://doi.org/10.1088/1757-899X/753/6/062028

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