Cloud PLM provides a controlled and automated way to manage product and quality processes throughout the entire product lifecycle. By bringing together the key elements of the product record into one shared platform, it eliminates data silos, errors, and communication gaps. This enables dispersed product teams and supply chain partners to work more efficiently and drive faster product launches.
Product lifecycle management is the process of managing all data and processes that are tied to the product record—from concept through design, development, and production. Product lifecycle management enables manufacturers and their supply chain partners to streamline product development and drive continuous improvement.
The four stages of the product lifecycle are:
Read our best practice article to learn everything you need to know about product lifecycle management (PLM).
