Product Lifecycle Management (PLM)
The process of managing and optimizing a product’s journey from concept and design, through distribution, to retirement.
What is Product Lifecycle Management (PLM)?
Product Lifecycle Management (PLM) is the process of managing a product’s journey from concept and design to retirement. It integrates people, processes, and data to optimize product development and innovation. In the context of PXM, PLM ensures that accurate, up-to-date product information flows seamlessly into customer-facing content.