2.1. Product life cycle influence
An organizational strategic factor that will influence
the management of a supply chain is the product life
cycle positioning of the product(s) of an organization.
The typical product life cycle is comprised of four
phases; a product introduction phase that is characterized
by investment in product research and development, a
growth phase characterized by increasing production
capacity and logistics channels, a maturity phase, where
process and cost efficiencies are typically implemented,
and a decline phase where the focus is on product
divestment.