|Mode of Service||Online|
|Service Type||Management Service|
The principal role of Product Lifecycle Management (PLM) is to manage a product’s definition from concept to retirement.
To be effective, PLM solutions must completely define all aspects of the product’s Bill of Materials (BOM) – including mechanical and electrical design files (MCAD, ECAD), software, documentation, and service information. PLM enables the definition and synchronization of cross-functional views of the BOM: engineering (eBOM), manufacturing (mBOM), and service (sBOM).
Directly, PLM offers significant value to a company, but PLM also enhances other enterprise systems (ERP, CRM) by enabling the sharing of product information throughout the organization.
PLM offers broad and deep capabilities, including:
The result is improved profitability through: