Total Life Cycle Management

Total Life Cycle Management (TLCM) is an approach that oversees a product's entire life, from initial concept through development, production, use, maintenance, and finally, disposal or recycling. It ensures that all stages are managed effectively to maximize value, minimize costs, and reduce environmental impact. By considering each phase and its interconnections, organizations can enhance performance, improve sustainability, and make informed decisions that benefit both the product and society as a whole. In essence, TLCM aims for a holistic view of a product's journey, ensuring that it meets needs responsibly and efficiently at every step.