ABOUT PRODUCT LIFECYCLE MANAGEMENT

Product Lifecycle Management (PLM) is a systematic process to manage the lifecycle of a product from its design and development to its ultimate retirement or disposal. PLM is a framework that helps to connect, organize, control, manage, track, consolidate and centralize information that affects a product.

PLM is thus defined as the process of managing product-related design, production and maintenance information. PLM may also serve as the central repository for secondary information, such as vendor application notes, catalogs, customer feedback, marketing plans, archived project schedules and other information acquired over the product's life.