Common use of Lifecycle Management Clause in Contracts

Lifecycle Management. This use case is focused on the managing the lifecycle of every fast-­moving consumer goods or consumer packaged goods (CPG). The goal is to assist and empower companies and citizens in order to recycle their waste. TagItSmart will create a new ecosystem where the users prompted to recycle by providing to the customers information about how to recycle the product including where to recycle the product and the local regulations about the recycling process. Consumers will be able to scan the product and receive information about the recyclability of the product through the TagItSmart mobile app. A more detailed description of the process is described in the Figure 2 below.

Lifecycle Management. This use case is focused on the managing the lifecycle of every fast-­moving consumer goods or consumer packaged goods (CPG). The goal is to assist and empower companies and citizens in order to recycle their waste. TagItSmart will create a new ecosystem where the users prompted to recycle by providing to the customers information about how to recycle the product including where to recycle the product and the local regulations about the recycling process. Consumers will be able to scan the product and receive information about the recyclability of the product through the TagItSmart mobile app. A more detailed description of the process is described in the Figure 2 10 below.