PLM Explained: Understanding Product Lifecycle Management + Example

Essential Guide to PLM: Join Jamie, a Change Management Consultant at Share PLM, as we explain PLM in a simple way plus walk you through a use case. Learn how PLM streamlines product development from concept to retirement, managing complex workflows, engineering data, and collaboration. Understand the key phases: Conceptualization, Design, Manufacturing, Distribution, Usage, and End of Life. See how PLM software integrates design, engineering, and supply chain management, enhancing efficiency and communication.

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 - Jamie, Change Management Consultant
0:09 - What is PLM?
0:52 - Conceptualization phase
0:59 - Design phase
1:12 - Manufacturing phase
1:19 - Product launch and distribution phase
1:25 - Usage and Maintenance phase
1:32 - End of life phase
1:41 - PLM Software
2:07 - PLM Use case
5:00 - Visit SharePLM.com for more!

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[ToonBroothaerts]

This feels like it's overcomplete. Is there a company that uses a single software application (or even suite) to carry out all of the functions you summed up the across all the domains? Design and development at its core, yes, but be ready to make lots of integrations with other applications along the product life cycle.