What is Product Lifecycle Management PDF?

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 . PLM integrates people, data, processes, and business. systems and provides a product information backbone for companies and their extended enterprise.

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What are the phases of PLM?

Product lifecycle management (PLM) refers to the handling of a good as it moves through the typical stages of its product life: development and introduction, growth, maturity/stability, and decline . This handling involves both the manufacturing of the good and the marketing of it.

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