Product lifecycle management supply chain approach

For Product Lifecycle Management, Supply Chain Approach for Innovative Products should be the basis due to the strategy of launching new products in a fast pace to capture value and differentiate the company with customers and consumers. 

In this section, it will be performed a literature review for each one of the six categories of Product Lifecycle management - New Product Forecast, Supply chain Approach for New Product, Risk Assessment and Management, Product Tracking Visibility, Portfolio Optimization, Senior Management Support. This review allowed identify the DDSC characteristics for each category which was used to develop the five level maturity model. 

One example of contingency approach applied to supply chain management comes from Fisher (1997). He proposes a framework to define what is the best supply chain for a company s product He argues that the first step in devising an effective supply chain strategy is to consider the nature of the demand for the products. To that end, many aspects are important for example, product lifecycle, demand predictability, product variety, and market standards for lead time and service. He proposes to classify products on two categories They are either primarily Functional or primarily Innovative, as summarized below ... 

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