PLM Terms Explained - BOM, CAD, and more

Managing a product from concept to market and beyond can be a daunting task. PLM offers a strategic approach to streamline this process, ensuring efficiency, quality, and compliance at every stage. In this video, Nicole, from Share PLM, breaks down key PLM concepts like Bill of Materials (BOM), CAD, Configuration Management, and more.

Whether you're new to PLM or looking to enhance your knowledge, this video provides essential insights to help you navigate the complexities of PLM.

For more insights on PLM solutions, check out our other videos or visit SharePLM.com to see how we can help you transform your business!

Thanks for watching!

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Chapters:
0:00 - Intro
0:39 - Bill of Materials (BOM)
0:50 - Computer-aided design (CAD)
1:10 - Configuration Management
1:34 - Traceability
1:46 - Version Control
2:26 - Engineering Change Order (ECO)
2:59 - Compliance Management
3:12 - Risk Management
3:33 - Product Data Management (PDM)
3:49 - Interoperability
4:05 - Digital Twin
4:17 - Digital Thread
4:48 - Change Management
5:02 - Check out more at SharePLM.com

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