The product development life cycle - innovate, conceptualize, plan, design, procure, produce, deliver, service, and retire - naturally includes multiple people, operating in multiple departments, and typically from multiple companies, each with locations in multiple countries around the world. Solving inherent difficulties that result from managing this complexity are the raison d’être for PLM solutions.
article on plm selections
duly depicted in our article on PLM selections (see Selecting PLM Software Solutions ). Given the optimal PLM strategy should contain a layer of information and applications for executives, a layer for resource management and budgets, a layer for overseeing projects, and a layer for tracking all product-related business processes, there is no single vendor yet that can meet all of the varying needs, and the market is still immature, so almost every product can be the right solution provided a certain set