PLM as an Operating Model


Product Life-cycle Management (PLM) can be defined as an operating modelenabling Product Realization [create, make, sell, service, re-iterate, re-use or re-cycle].

Short:

PLM is the glue between Product Engineering & Project Execution [design, development, manufacturing] Operations and Engineering-IT, enabling the entire Product Realization, by aligning people and process with technology.

Long:

PLM is the operating model [and platform], in business improvement terms, that includes the creation and management of information [data] related to a company’s digital product engineeringdigital manufacturing and project engineering & execution, augmenting human creativity, enabling faster product creation and innovation.

What are your thoughts?


This post was originally published on LinkedIn on 14 March 2015.