PRODUCT LIFE CYCLE - PLM
PLM is a term which means Product Life Cycle Management.
PLM is the process of managing the entire lifecycle of a product from inception, through engineering design and manufacture, to service and disposal of manufactured products. PLM integrates people, data, processes and business systems and provides a product information backbone for companies and their extended enterprise.
WHY NEED TO USE PLM?
Reasons for using PLM in product life cycle.
Innovate together.
Digitally connect all users in the value network to achieve sustainable innovation. Enhance the innovation process with seamless, secure real-time collaboration across disciplines with full flexibility and traceability.
Connect your design data and employ model-based engineering.
Enrich CAD data with product lifecycle management apps. Enable secure, enterprise-wide sharing of design data outside of CAD environments.
Connect the value network and external systems to the 3DEXPERIENCE platform.
Leverage the flexibility of the 3DEXPERIENCE platform to maximize business value. Implement behavioral customizations and new applications to address specific operational requirements.
Capitalize on market opportunities.
Effectively manage programs and projects with links to product development data to enable real-time monitoring and assessment. Build plans that leverage the best team assets and innovations to create and protect a business advantage in the market.