Style.. PLM

Product Lifecycle Management (PLM) is a highly advantageous strategic process that manages the entire product journey, from creation and design to development and delivery. It is a management platform that integrates all elements and data to ensure a holistic view of the physical and digital information of a product.

PLM is the result of faster innovation, empowerment, and perfected product. PLM "manages" both direct and indirect costs existing during the design, production, development, and sales phases of the product. The comprehensive product view allows the enhancement of practices and methodologies that have consistently yielded better results over time in companies.

Design: With product design, the initial planning phase is hypothesized, defining the company's "desires," identifying the correct recipients for the products or services the company offers, and establishing commitments to meet business goals and regulations. Different product concepts are then evaluated, followed by testing and refinement. PLM in design enables more informed decision-making, speeding up the development process.
Development: This second phase involves the validation and analysis of the designed product, creating a prototype and providing the company with feedback on the item and possible further improvements.
Production: With PLM, production can monitor the product's compliance level, controlling the item in various production stages, starting from a clear and complete view of costs. PLM allows for production automation, reducing errors, and centralizing processes, emphasizing effective ones.
Operation and support: Operating with PLM optimizes performance and uses item information, making it accessible to suppliers and customers. Following the product launch, PLM, thanks to Engineering Change Note (ECN), provides support and assistance for produced items, whether they are in production, in stock, or already delivered to customers.
Disposal and return: Concerning the last phase, disposal and retrieval have already been largely considered in production. The company is organized to retrieve materials in designated delivery areas (depending on the materials under analysis).

PLM: Product Lifecycle Management

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