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Life Cycle Management

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Book Series: LCA Compendium – The Complete World of Life Cycle Assessment ISSN: 2214-3505 ISBN: 9789401772204 9789401772211 Year: Pages: 353 DOI: 10.1007/978-94-017-7221-1 Language: English
Publisher: Springer Nature
Subject: Social Sciences
Added to DOAB on : 2017-01-24 18:24:42

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This book provides insight into the Life Cycle Management (LCM) concept and the progress in its implementation. LCM is a management concept applied in industrial and service sectors to improve products and services, while enhancing the overall sustainability performance of business and its value chains. In this regard, LCM is an opportunity to differentiate through sustainability performance on the market place, working with all departments of a company such as research and development, procurement and marketing, and to enhance the collaboration with stakeholders along a company’s value chain. LCM is used beyond short-term business success and aims at long-term achievements by minimizing environmental and socio-economic burden, while maximizing economic and social value.

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