What is product lifecycle management? | HCLTech

What is product lifecycle management?

Technology Q&A

Product Lifecycle Management
What is product lifecycle management?

As a company trying to deliver products that meet consumers’ demands on styles, options, quality, and on-time delivery, they need to leverage all the divisions in the organization that are connected to product design and development. Product lifecycle management, or PLM, is a structured process which helps with the same.