Life Cycle Management

• Other Authors: Sonnemann, Guido (Editor), Margni, Manuele (Editor)
• Format: Electronic Book Chapter
• Language: English
• Published: Cham Springer Nature 2015
• Series: LCA Compendium - The Complete World of Life Cycle Assessment
• Subjects: Sustainable Development
• Online Access: DOAB: download the publication; DOAB: description of the publication

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.