PLM: Product LifeCycle Management
PLM is the process of managing the entire lifecycle of a product from its conception, through design and manufacture, to service and disposal. PLM integrates people, data, processes and business systems — and provides a product information backbone for companies and their extended enterprise.
PLM systems help organizations manage the increasing complexity and engineering challenges of developing new products for global competitive markets.
PLM is one of the four cornerstones of a corporation’s information technology structure. Companies need to manage communications and information with:
- Customers via CRM (Customer Relationship Management)
- Planning via SDLC (Systems Development LifeCycle)
- Resources within the enterprise via ERP (Enterprise Resource Planning)
- Suppliers via SCM (Supply Chain Management)
In addition, manufacturing engineering companies must also develop, describe, manage and communicate information about their products.
Web Based Product LifeCycle Management Software
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