Product Lifecycle Management
Product Lifecycle Management (PLM) is a systematic approach to managing the entire lifecycle of a product from its conception, through design and manufacture, to service and disposal. It integrates people, data, processes, and business systems to provide a product information backbone for companies and their extended enterprises. PLM helps organizations streamline product development, improve collaboration, and ensure compliance with regulations.
Developers should learn PLM when working in industries like manufacturing, automotive, aerospace, or consumer goods, where complex products require coordinated development across teams. It is crucial for managing version control, reducing time-to-market, and ensuring traceability in regulated environments. PLM skills are valuable for roles involving product data management, CAD integration, or enterprise software development.