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Product Lifecycle Management

INTRODUCTION:

This module builds on the work in other modules in order to provide a coherent framework for both the systematic introduction of robust and reliable new products and processes, and radical improvement to existing.  The contribution towards competitiveness arising from using appropriate enabling technology is considered, including both the strategic and tactical consequences and implications of its application and use. The overall goal is improved business and supply chain performance.

The module is followed by an assessed assignment whereby the participants are required to demonstrate the achievement of specific learning outcomes.  This requires the participants to apply the knowledge and techniques acquired during the module to a specific problem or issue in the workplace.

The module will contribute directly to equipping the participants with the skills and knowledge necessary to lead within a process based company.

OBJECTIVES: On completion of this module participants are able to:

  1. Identify and discuss the essential processes and interactions in managing a product throughout its life-cycle
  2. Explain and evaluate strategies for predicting, managing and responding to change in technologies, processes, suppliers products, portfolios, markets, competitors and the business environment
  3. Apply an analytical approach to diagnosing problems and improving supply chain performance
  4. Undertand and contribute to exceptional business and supply chain performance
  5. Integrate learning from preceding modules*
  6. In addition, the module is designed to further develop the participants’ key transferable skills and generic-academic capabilities in the following areas:
  • Verbal communication skills;
  • Ability to learn;
  • Written communication skills;
  • Ability for critical evaluation and analysis.

CONTENTS:

  1. An analytical approach to diagnosing Product Life-Cycle Management issues
  2. Technology management
  3. Product and process development
  4. QFD – Quality Function Deployment
  5. Ability to supply: The levers for improved supply chain performance
  6. Time compression through the supply chain
  7. Portfolio management
  8. People and change in practice
  9. Integrating Case study to apply learning for improved business and supply chain performance across the product portfolio
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