Closed-loop Lifecycle Management
In industry, 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 integrates people, data, processes and business systems and provides a product information backbone for companies and their extended enterprise.
Read more about Closed-loop Lifecycle Management: Contents, History, Forms, Benefits, Areas of PLM, Introduction To Development Process, Phases of Product Lifecycle and Corresponding Technologies, Product and Process Lifecycle Management (PPLM), Market Size, See Also
Famous quotes containing the word management:
“This we take it is the grand characteristic of our age. By our skill in Mechanism, it has come to pass, that in the management of external things we excel all other ages; while in whatever respects the pure moral nature, in true dignity of soul and character, we are perhaps inferior to most civilised ages.”
—Thomas Carlyle (1795–1881)