LCM in action
The following business stories demonstrate how Victorian businesses have created value by adopting a Life Cycle Management approach.
Backwell IXL
Backwell IXL Metal Castings is a Geelong based foundry that supports the aluminium smelter industry and other local customers.
The company believes Life Cycle Management simply means becoming more efficient and improving the way they work - across the board. This commitment to continuous improvement enables them to build stronger customer relationships, deliver greater value and improve their operational efficiency.
Backwell IXL says:
"Life Cycle Management means best practice. It doesn't cost to do it; it costs not to do it."
mecu
mecu is a member-owned financial cooperative. As a credit union, mecu looked to the past to discover their future.
mecu's sustainable development strategy is a response to a need to differentiate in the market place and deliver value to its members.
mecu says: "In today's competitive market we needed to be know for something, to continue to grow our business."
Yarra Valley Water
Yarra Valley Water (YVW) exists to provide water and sewerage services that
contribute to the health and well being of its customers and the environment.
With this goal in mind, YVW has over the last three years embarked on a journey
towards environmental sustainability across every facet of its operations and
culture.
Zenith
Zenith Interiors specialises in the design, manufacture and marketing of products and services for the commercial furniture industry.
Zenith aims to increase its market share by taking up Environmentally Sustainable Design and realises that in doing so, they must create awareness of the need for ESD among customers, employees and suppliers.
Zenith says:
"For us, this is an investment in our business, not a cost. We would be out of business today if we did not go down this path five years ago."
