PLM stands for Product lifecycle management. The PLM software is an information management system of an enterprise.
The PLM system can integrate data, processes, business systems and, ultimately, people in an extended enterprise. PLM software allows end-user to manage this information throughout the entire lifecycle of a product efficiently and cost-effectively, from innovation, design, and manufacture, through commercialization and disposal.
In the fashion and apparel business, PLM is used by all top fashion brands, retailers, and manufacturers. The CAD system, ERP, Planning software used by fashion manufacturers are part of the PLM. To name a few fashion PLM -
Information source:
The PLM system can integrate data, processes, business systems and, ultimately, people in an extended enterprise. PLM software allows end-user to manage this information throughout the entire lifecycle of a product efficiently and cost-effectively, from innovation, design, and manufacture, through commercialization and disposal.
In the fashion and apparel business, PLM is used by all top fashion brands, retailers, and manufacturers. The CAD system, ERP, Planning software used by fashion manufacturers are part of the PLM. To name a few fashion PLM -
- CGS's BlueCherry
- Dassault Systemes
- Gerber Technology's YuniquePLM
Diverse functions and technologies converge through PLM, includes
- Product data management (PDM)
- Computer-aided design (CAD)
- Computer-aided manufacturing (CAM)
- 3D computer-aided engineering (CAE) and simulation
- Predictive engineering analytics
- Mechatronic system simulation (1D CAE)
- Finite element analysis (FEA)
- Modal testing and analysis
- Digital manufacturing
- Manufacturing operations management (MOM)
Benefits of PLM Software
PLM software supports the product development process, to integrate people, processes, and systems. It provides a product information "warehouse" for organizations. Primary benefits of PLM software include:- Faster time-to-market
- Increased productivity
- Design efficiency
- Lower cost of new product introduction
- Insight into critical business processes
- Better reporting and analytics
- Improved product quality and reliability
- More accurate and timely request for quote generation
- Ability to quickly identify potential sales opportunities and revenue contributions
- Savings through the re-use of original data
- A framework for product optimization
Information source:
- http://www.ptc.com/product-lifecycle-management
- https://www.plm.automation.siemens.com/en_us/plm/
- https://en.wikipedia.org/wiki/Product_lifecycle
Image source: LinkedIn.com