Methodology on product life cycle challenge management for virtual enterprises

Abstract

There is a great need for most of the businesses to develop their product and service management in Open System Architecture. A sustainable growth of the business lies on Services that Corporations are offering. Business Concept is changing towards knowledge intensive and value critical over the life cycle. Products are increasingly embedding intelligence and product and service modules are evolving in dynamic relationship by growing value network of partners. The role of Service and Product Architecture is becoming very important when managing increasing complexity. The enterprise of today. is looking for a methodology and computer tool set that win help capture aspects of a business and analyze these to identify and compare options for meeting the business requiremems. We propose in this article such methodology and introduce a case study by using toolsets. which is successfully applied at the industrial environment in the product-life-cycle challenge management. This aspect is viewed in the sense of sustainability of primary industry. © 2004 by Springer Science+Business Media New York.