ZSY Chemical Group End-of-Life Cycle Products Management And Optimization In PLM Framework

Life cycle management, which is based on the life cycle Assessment tools, has been attracting widespread attention from institute, enterprise and public increasingly. Market leadership requires effective management of product life cycle, starting from the launch of a new product until its retirement. In this particular project, an exploratory study of business practices in the management of chemical products in the decline phase and the eventual decision of product abandonment is conducted through surveys and interviews of senior executives from ZSY Corporation, focusing mainly on super-large petroleum, refinery and petrochemical enterprise group established in July 1998. Actual names of the company are not revealed for confidentiality reasons. This paper reviews the research progress of product lifecycle management at home and abroad from both conceptual framework and practical application. It is shown that most of the researches are focus on the solutions to different objects, which is based on the life cycle Assessment. Also, the implementations, assumptions and level of acceptance of decision support system (DSS)-PLM modules on product lifecycle management are analyzed. Company’s business processes are compared and enhancements to current DSS system are proposed. Finally, his article summarizes the research progress of product lifecycle management, and points the research priority and trend in the near future so as to inspire the widespread applying of product lifecycle management in different areas.