Product Lifecycle Management Software - PLM
PLM is a term that refers to “Product Lifecycle Management.”
PLM is the process of managing the entire lifecycle of a product—from its initial conception, through engineering design and manufacturing, to maintenance and eventual disposal. PLM integrates people, data, processes, and business systems, providing a core product information backbone for companies and their extended enterprises.
Why do we need to use PLM?
The essential reasons for using PLM in the product lifecycle
Enhance cross-department collaboration
PLM connects all teams—from design and manufacturing to quality management—within a unified environment. This enables seamless information sharing, reduces errors, and accelerates the product development process.
Centralized and Consistent Product Data Management
Instead of storing data in separate locations, PLM consolidates all technical data, documents, and drawings into a single system. This ensures that everyone works from the same accurate, real-time updated source.
Shorten Time-to-Market
With automated processes and transparent data, PLM reduces waiting time between development stages. This allows businesses to respond more quickly to market and customer demands.
Improve Product Quality and Reduce Design Errors
PLM enables tracking of the entire product lifecycle, from concept to production. Teams can identify and address issues early, reducing the cost of corrections in later stages.
Reduce Development and Operational Costs
By eliminating redundant work and minimizing errors caused by incorrect information, PLM helps save significant costs. Additionally, reusing design data reduces effort for future projects.
Easy Control of Engineering Change Processes (ECR/ECO)
All changes to design, materials, or processes are recorded and approved in a controlled manner. This ensures compliance and reduces risks in production.
Supports Compliance with International Standards and Regulations
PLM stores product records, certification documents, and change history transparently. This makes it easy for businesses to comply with audits and standards such as ISO, RoHS, or CE.
Drive Innovation and Sustainable Development
PLM provides a continuous data foundation that enables businesses to analyze, learn, and continuously improve. This is key to creating innovative, environmentally friendly, and higher-value products.
NSV’s PLM Solutions
With over 20 years of experience implementing technology solutions for manufacturing businesses, NSV offers PLM solutions that manage the entire product lifecycle—from concept, design, simulation, and production to maintenance. By connecting data, people, and processes on a single platform, NSV helps businesses optimize productivity, reduce errors, and drive sustainable innovation.
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