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PLM

PLM (Product Lifecycle Management) is a system for managing the entire lifecycle of a product, from its initial concept and design through production, use, and eventual disposal. PLM integrates data, processes, and business systems to improve efficiency, innovation, and collaboration across the product development cycle. It helps organizations streamline workflows, manage product information, and ensure compliance with industry standards.

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Can ERP software assist with product lifecycle management?

Yes, ERP software can greatly assist with product lifecycle management (PLM). By integrating all aspects of a product’s lifecycle, ERP systems provide a centralized platform for managing product data, processes, and information. This allows businesses to streamline their operations, improve collaboration, and make more informed decisions throughout the entire product lifecycle.

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November 9, 2023