PLMR&D Bengaluru Inc

Product Lifecycle Management

According to Michael Grieves : Product Lifecycle Management (PLM) is an integrated, information driven approach comprised on people, processes/practices, and technology to all aspects of a product’s life, from its design through manufacture, deployment and maintenance – culminating in the product’s removal from service and final disposal. PLM is an extended enterprise solution; PLM is a business initiative, rather than an application or even a set of applications. PLM is a business approach, a strategy to solve the problem of managing the complete information set that defines a product. PLM is a business strategy that helps companies share product data, apply common processes, and leverage corporate knowledge..