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Concept and Evolution of PLM

Jaykumar Yoga Mule Published in Softwares

International Journal of Applied Information Systems
Year of Publication 2012
© 2010 by IJAIS Journal
10.5120/ijais12-450614
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  1. Jaykumar Yoga Mule. Article: Concept and Evolution of PLM. International Journal of Applied Information Systems 4(3):25-28, September 2012. BibTeX

    @article{key:article,
    	author = "Jaykumar Yoga Mule",
    	title = "Article: Concept and Evolution of PLM",
    	journal = "International Journal of Applied Information Systems",
    	year = 2012,
    	volume = 4,
    	number = 3,
    	pages = "25-28",
    	month = "September",
    	note = "Published by Foundation of Computer Science, New York, USA"
    }
    

Abstract

In today's Product lifecycle management is becoming more important as companies compete in the worldwide market because growing product complexity, large number of product variants and collaborative product development has made Product lifecycle Management increasing important for automotive industry, aerospace industries and manufacturing industries. PLM is a collaborative tool enables people throughout extended enterprises to work together more effectively helps organization achieve its business goals of reducing costs, increase revenues, improving product quality, and shortening time to market, increase the value of the product portfolio, and maximize the value of current and future products for both customers and shareholders, increase customer satisfaction, while innovating its products, services, and business operations. The PLM must be implemented in industries for produce excellent product and manage product and its lifecycle throughout. This paper reviews the basic fundamental and Software of PLM and presents PLM support to company as an effective and beneficial tool.

Reference

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Keywords

PLM Phases, Evolution of PLM, PLM fundamental in automotive sector, PLM Architecture, PLM Scope