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Wednesday, December 12, 2007

Product lifecycle management



Product lifecycle management

Product lifecycle management helps your company to integrate its regional units, partners, suppliers and customers into your product or service definition and development processes.


This, in turn, allows you to cut development and manufacturing costs, trim innovation cycles and enhance customer acceptance for your products – all of which leads, of course, to new sales markets and improved profits. Product lifecycle management extends the scope and technical framework of the traditional product data management approach to cover the entire product lifecycle. The support it provides for web-based cooperation between all of the business partners involved constitutes a particular strength.

2 comments:

Jag said...

Hi all,

Does anybody know how to calculate ROI on any PLM?

Thanks,

Jagadish.

belle.me09 said...

Your blog is informative even if it's just short. It complements this article I just read: http://www.coursework4you.co.uk/product_life_cycle.htm.