American Society of Civil Engineers


Value Loss Evaluation Model of High-Value and Time-Varying Product Based on Life Cycle Theory


by Sijing Liu, (School of Logistics, Southwest Jiaotong University, Chengdu Sichuan 610031. E-mail: liusijing666@126.com), Jin Zhang, (School of Logistics, Southwest Jiaotong University, Chengdu Sichuan 610031. E-mail: zhjswjtu@263.com), and Guoqi Li, (School of Logistics, Southwest Jiaotong University, Chengdu Sichuan 610031. E-mail: guoqi_li@126.com)
Section: Volume III - Logistics and Transport Information and Technology, pp. 2199-2206, (doi:  http://dx.doi.org/10.1061/41139(387)306)

Note: Acknowledgment: Supported by the Fundamental Research Funds for the Central Universities (2010XS48).

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Document type: Conference Proceeding Paper
Part of: ICLEM 2010: Logistics For Sustained Economic Development: Infrastructure, Information, Integration
Abstract: Considering the characteristics of high-value and time-varying product with high value, short life cycle, and quick value loss, this paper proposes the curve of product life cycle combined with positive analysis of the relation with the sales and the time consisting in high-value and time-varying product. The value evaluation system for high-value and time-varying product is built. Finally, from the standpoint of extended life-cycle and value maximization, the value loss model of high-value and time-varying product is established in which key factor of value loss is identified. The main approaches of value maximization are provided which include pre-sale strategy and tie-in-sale strategy.


ASCE Subject Headings:
Life cycles
Time factors
Logistics
Freight