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Product Lifecycle Management
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PLM refers to the handling of a goods as it moves through the typical stages of its product life: development and introduction, growth, maturity/stability, and decline. It is the strategic process of managing the complete journey of a product from initial ideation, development, service, and disposal. Phases of product development Concept and design Develop Production and launch Service and support Retirement Idea/Project > Trials > Formulations > Compliance > Handover > Product/Launch Concepts: Intro, PLM Process and best practices, PLM Data Model, PLM Recipe Data Model, Insight of BOM and component Structure (BOM Man...