Defining Product Lifecycle Management: Comparing the Perspectives of Users and Consultants
William Neil Littell · Journal of business and management sciences · 2018
Product Lifecycle Management (PLM) is a strategy that is being leveraged by many companies to improve both the execution of new product development as well as the general operations of the company. Because the breadth of PLM is so wide, many companies struggle with defining PLM. This lack of a definition causes confusion within the company that is confounded by the many definitions supplied by consultants and solution providers. This paper seeks to develop a user centric definition of PLM, and offers guidance for individuals implementing a PLM strategy.