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Integrated Product ManagementThis is a management paradigm that takes optimisation of the product chain as its fundamental viewpoint. The objective of the management paradigm is a continuous, integrated optimisation of the economic, technological, and social aspects of products. As a management paradigm, it includes the concepts, techniques and procedures to reach this objective. |
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Product Life Cycle AssessmentProduct life cycle assessments (LCAs) assess the overall environmental impacts caused by a system of production, use and disposal processes (known as the value chain or the “product life-cycle”) necessary to provide a specific product. The purpose of life cycle studies is to assess the environmental impacts of potential product substitutions (the choice of one product system instead of another). |
