What is PLM?
Industry leaders use Product Lifecycle Managment (PLM) to speed up and streamline product development processes to increase profitability, free up resources and drive innovation. It’s a competitive advantage that few companies can afford to overlook. But PLM doesn’t end when a new product launches.
PLM is a holistic, automated, connected and streamlined way to manage products from development, and throughout their entire life cycles, ending in retirement. It also ensures traceability of products and parts and helps to secure products and brands from the effects of quality issues and product recalls.