Product development and launch phase are considered to be the most crucial aspect of Product success in the overall Product Life Cycle. The criticality of sustaining the product through its life cycle is often ignored by the manufacturers. With rapid enhancements in technology and mandatory compliance to new safety, power efficiency and environmental standards, the effort to sustain a product has today become important. Competition with newer products is also seen to be impacting the Product sustenance.
During the design phase, the design engineers take utmost care to ensure longevity of the product. However, sooner or later, the task of sustaining the product is bound to arise and thus needs to be a prominent phase of the product life cycle. Several activities can be performed by the manufacturer to ensure continued Life Cycle of the product. We here are highlighting on some of the crucial parameters that the manufacturer needs to bear in mind.