Life Cycle Costs in the Mechanical Engineering Industry

Win-Win-Situation for Manufacturer and Customer

JournalIndustrie Management
Issue Volume 24, 2008, Edition 5, Pages 25-28
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Abstract

Industrial processes need to cope with outstanding requirements. Individual products, delivered just-in-sequence, short delivery time and lowest possible overall costs need to be realized simultaneously. In this context Life Cycle Cost Conceptions (LCC) can help to tap the full potential of cost reduction for manufacturer and customer within the complete life cycle. The following article illustrates essential elements of LCC conceptions, assets and drawbacks and implementing steps that need to be taken.

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Potentials: Profitability