Book Description

Product development and ramp-up is a well-researched challenge for industry. However, how to end the production of a product is a blind spot for industry and science although practitioners are calling for scientific support. This book sheds light on the topic of production phase-out by offering measures that can turn a process that is perceived as uninspiring to a success pillar for companies. The book reveals cross-industry insights on the relatively new topic of phase-out. The interview findings are mirrored with the Phase-Out Process Model, which describes activities and tasks to be performed during a phase-out. As an instrument to support the implementation of the process model, the Phase-Out Production Planning and Control was developed as an add-on to standard production IT support. It enables companies to better forecast spare parts needs and expected remaining stock costs at the proposed end of production. Through a qualitative and a conceptual research phase, the findings of this dissertation show that there is a high potential of improving phase-out in the industry. This manuscript provides theoretical and managerial implications to pave the way towards enhancing phase-outs. This potential can be raised by implementing the proposed formalization structures and mathematical models based on empirical and conceptual research. This book, therefore, helps to promote the effective implementation of a formalized phase-out in company’s management practice to make their business more efficient.