What is PLM in manufacturing

Product lifecycle management (PLM) refers to the management of data and processes used in the design, engineering, manufacturing, sales, and service of a product across its entire lifecycle and across the supply chain .

PLM can be used to increase output with constant resources, to increase revenues or to reduce the resources used to produce a constant output . This all helps to improve the bottom line. PLM helps organisation to achieve this through: Efficiency improvements.

PLM allows the company not to waste time and effort while the product is going through its lifecycle . PLM can improve the output by: Allowing quick and controlled access to the design information. Collecting reviews from the consumers affected by the information without disturbing the design process.