What is beginning of life (BOL)? - Definition from WhatIs.com

Definition

beginning of life (BOL)

Part of the Business terms glossary:

Beginning of life (BOL), in the context of manufacturing and product lifecycles, is the first stages of a product’s existence.

BOL includes the initial conception of a product, its development, testing and initial marketing. The beginning stage finishes when the product is released to the market. Products can fail at any point through the lifecycle stages. If a product is determined not to be feasible during BOL, it is unlikely to reach the end of that stage.

The subsequent middle-of-life (MOL) stage is the longest one for most successful products. During MOL, a product becomes established in the marketplace. Its eventual decline ultimately leads to the final end-of-life (EOL) stage. The success of the final stage is largely determined by beginning-of-life decisions. 

The BOL stage is crucial to the sustainable product lifecycle, for example, because as much as 70% of a product’s sustainability is inherent in its original design. Elements such as the materials chosen and the processes required to create the product all have a significant impact on the product’s ultimate environmental footprint.

 

This was last updated in December 2013
Contributor(s): Ivy Wigmore
Posted by: Margaret Rouse

Related Terms

Definitions

  • exit strategy

    - An exit strategy is a planned approach to terminating a situation in a way that will maximize benefit or minimize damage. (WhatIs.com)

  • age of the customer

    - Age of the customer is the concept that consumers are more empowered than ever because they can access information about products and services over the Internet in real time.  (SearchCRM.com)

  • enterprise search

    - Enterprise search is the organized retrieval of structured and unstructured data within an organization. (WhatIs.com)

Glossaries

  • Business terms

    - Terms related to business, including definitions about project management and words and phrases about human resources, finance and vertical industries.

  • Internet applications

    - This WhatIs.com glossary contains terms related to Internet applications, including definitions about Software as a Service (SaaS) delivery models and words and phrases about web sites, e-commerce ...

Ask a Question About beginning of life (BOL)Powered by ITKnowledgeExchange.com

Get answers from your peers on your most technical challenges

Tech TalkComment

Share
Comments

    Results

    Contribute to the conversation

    All fields are required. Comments will appear at the bottom of the article.