Plm System | Global-Minded China Manufacturer 2024

A PLM (Product Lifecycle Management) system is a software solution that helps organizations manage the entire lifecycle of a product from initial concept and design through manufacturing, service, and disposal. It integrates people, processes, and information to facilitate collaboration and efficiency throughout the product’s lifecycle.

A PLM system benefits manufacturers by streamlining processes, improving collaboration among teams, reducing time to market, enhancing product quality, and ensuring compliance with industry standards. It helps in tracking changes and maintaining a single source of truth for product data.

Common features of PLM systems include document management, change management, project management, BOM (Bill of Materials) management, collaboration tools, compliance management, and integration with other enterprise systems like ERP (Enterprise Resource Planning) and CAD (Computer-Aided Design) software.

Yes, a PLM system can be implemented in small businesses. While many PLM solutions are designed for larger organizations, there are scalable and cost-effective PLM options available that cater to the needs of small and medium-sized enterprises (SMEs) to help them manage product development efficiently.