Product Lifecycle Management
Product Lifecycle Management, sometimes "Product Life Cycle Management" or "PLM" concepts were first introduced where safety and control have been extremely important, notably the aerospace, medical device, military and nuclear industries. These industries originated the discipline of configuration management (CM), which evolved into Electronic Data Management Systems (EDMS), which then further evolved to Product Data Management (PDM).

Product Lifecycle Management is the process of managing the entire lifecycle of a product from its conception, through design and manufacture, to service and disposal. Product lifecycle management integrates people, data, processes and business systems and provides a product information backbone for companies and their extended enterprise. Product lifecycle management is one of the four cornerstones of a corporation's information technology structure. All companies need to manage communications and information with their customers (Customer Relationship Management), their suppliers (Supply Chain Management) and their resources within the enterprise (Enterprise Resource Planning).

The essential elements of Product Lifecycle Management:
  • Manages design and process documents
  • Constructs and controls bill of material (product structure) records
  • Offers an electronic file repository
  • Includes built-in and custom part and document metadata("attributes")
  • Identifies materials content for environmental compliance
  • Permits item-focused task assignments
  • Enables workflow and process management for approving changes
  • Controls multi-user secured access, including "electronic signature"
  • Exports data for downstream ERP systems
The PLM process is embodied in rules, procedures, techniques, methodology and resources to ensure that:
  • The configuration of a product is documented
  • Changes that are made to a product's configuration in the course of development, production and operation are beneficial and can be implemented without adverse consequences.
  • Modifications are managed until fully incorporated into production and, if necessary, field items.
PLM software can help people improve their understanding of how products are designed, built and serviced. Most users appreciate centralized access to all product- related information; they feel more productive and efficient. But the benefits are quite concrete and easy to demonstrate.

Benefits Product Lifecycle Management:
  • Increase sales revenue
  • Reduce product unit costs
  • Savings through the re-use of original data
  • Reduce administrative and clerical overhead
  • Improved product quality
Require more information about how our Product Lifecycle Management Services would help your Business? Fill the Free Project Evaluation Form, to reach us.
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