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Product Lifecycle Management (PLM)
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Design Stage
In the Design Stage, the product's specifications, details, and blueprints are created and finalized before it moves to production.
Lifecycle Analytics
Lifecycle Analytics involve the analysis of product and customer data throughout the product's life to inform decisions on product development, marketing, and improvements.
Simulation Tools
Simulation tools in PLM are used to digitally test product designs for performance, reliability, and manufacturability without physical prototypes.
BOM Management
Bill of Materials (BOM) Management involves organizing and managing the list of parts, components, and assemblies required to build a product.
Testing and Validation Stage
This stage includes rigorous testing of the product to ensure it meets all the required specifications, safety standards, and customer expectations before full-scale production.
Manufacturing Execution Systems
MES are computerized systems used in manufacturing to track, control, and document the transformation of raw materials to finished goods.
PLM Software
PLM software is a suite of applications that support the various phases of the product lifecycle, from concept to retirement, facilitating collaboration and data management.
Change Management
Change Management in PLM is the process of controlling and documenting all changes made to the product and its documentation during the lifecycle.
Concept Stage
The Concept Stage is the initial phase of PLM where ideas are generated and assessed for feasibility, potential market, and alignment with company strategy.
End-of-Life Management
This stage deals with the final phase of a product's lifecycle, focusing on strategies for product retirement, recycling, or disposal in an environmentally responsible way.
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