From the perspective of global sustainable competitive age, methods of product life cycle costs and application on tekersan wheel rim corporation company

Due to the globalization, the range of the competition between the companies has changed, the fast change in the production technologies created a market concept where the consumers dominate. Many new perception and methods are developed to keep up with the developments in the existing market and to compete in the bussines world. In the globalizing world the international competition must be sustainable, if companies can?t continue the competition they will have difficulty in surviving in the future. The decrease in the product life process day by day, causes the majority of the product cost to be based on the product design stage. The product life cycle costing method, which become intense in planning and designing stage, is an effective cost reduction activity. The most important purpose in product life cycle costing method is to determine the least costly way to make the business firm to success.Product life cycle costing method aims managing the costs that ocur or may acur in the produst?s life time from the birth to ist?s death. Especially for planners, it is a method that, defines every kind of cost that product or organization will meet, anticipates the qualification and amount of these, reports, and minimizes the costs and increases the profits. This method not only aims to detect the costs but also to control the costs. This method enables the early calculation of many costs that the product will cause as long as it exists.In our study, for a froduct that consideretd to produce, a cost profile is created that consisted of eşpected costs that may accurm the product?s lifetime By interpreting the results as a result of the created profile, the products whole life cycle costs and real profitability level is determined. Our study is consisted of four parts. In the first part there are basic terms that are necessary for our study,in second part product life cycle costing method is explained in details, in third part cost management systems that improves the cycle of product life cycle costing management method is mentioned. Finally in the forth part the execution of product life cycle costing method takes place and the results of the execution are interpreted