What is PLM?

"Product Lifecycle Management is a strategic business approach to      maximize the effective management and reuse of Intellectual Capital   knowledge, Information, Data, Process, History with a specific focus on the PRODUCT."

    Why PLM?

• PLM on an average has the potential to:

• Improve cycle times by 35-80%

• Increase productivity by 20-30%

• Reduce material costs by 10-25%

• Make engineering changes up to 90% faster

• Cut overhead costs by 4-12%

• Respond to FRQ 60% faster

• Reduced documentation costs by 80%

    PLM Overview