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Product lifecycle management (PLM) is the process of managing the entire lifecycle
of a product from its conception, through design and manufacture, to service and
disposal.
PLM is an Integrated Solution to manage enterprise’s Product data,
Processes & Resources in an integrated , collaborative and consistent manner through all stages of the Product Life Cycle.
In a enterprise environment, PLM is the Technology that helps people to manage both
Product Data and Product Development Process.

PLM is used to,
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Keep track of the masses of Data and information required to design, development,
manufacturing and then support and maintain products.
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Organize, access, and control all data related to an enterprises' products and
to manage the lifecycle of those products.
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Enable organizations to link their designers, engineers and manufacturing plants,
Suppliers, Consultants together in a seamless web.
Create
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Collaborate
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- New Product Introduction
- Version and Status Management
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- Bill of Material, Object Structure Management
- Collaborative Product Development
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Communicate
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Control
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- Engineering Change Management
- Supplier Management
- Configuration Management
- Document Management
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- Release Management
- Workflow Management and Control
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The essential elements of PLM:
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Manages design and process
documents
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Constructs and controls bill
of material (product structure) records
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Offers an electronic file
repository
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Includes built-in and custom
part and document metadata ("attributes")
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Identifies materials content
for environmental compliance
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Permits item-focused task
assignments
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Enables workflow and process
management for approving changes
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Controls multi-user secured
access, including "electronic signature"
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Exports data for downstream
ERP systems
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Typical Benefits of PLM adaptation:
- Reduced Product Development time
- Robust design and manufacturing reliability
- Integrated process, Adoption of Industry Best practices
- Assured data integrity
- Better management of Engineering Change
- Efficient – ‘On-line’ collaboration
- Automation, Cost reduction and improved Quality
- Reduced Time to Market
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Careers @ PLM
- Product Design
- Tool Design
- Analysis and Simulation
- Design / Process Optimization
- Software Development
- Application Support
- Software Customization
- Engineering Services
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