Knowledge Life Cycle and Its Application in Automotive Industry: A Review

Abstract

Now a day an application of knowledge management is increasing in critical decision making process related to design, process, and product by sharing knowledge of experienced persons within the organization. Due to KM firms can improve the power of decision making so that overall effectiveness of the organization will increase. Most of the automobile companies have used KM initiatives so that any decision will be independent and speedy. Main aim of the research paper is to develop the KM framework for automobile industry with the help of previously established framework and give effective framework to the automobile industry.