Product Lifecycle Management

Establishing PLM as Philosophy and Strategic Instrument

As it is a strategic concept for the management of a product during the entire course of its lifecycle, PLM includes both supporting IT systems and methods, processes, and organizational structures. Holistic product lifecycle management is characterized by four pillars: active management of product strategy and diversity, efficiency and effectiveness in the development and launch of new products, transparent and sufficiently lean product structures, and ideal IT support.

Detecon's Next Generation PLM model takes all of these components under consideration, but also gives special attention to the shorter and shorter lifecycles of products and services as well as the rising pressures from costs. It provides the ideal tools and methods for significant, long-term improvement of PLM in the company and enables lean product structures and processes, measurable cost savings, and rising sales. Detecon recommends the inclusion of PLM in strategic planning and its sustained anchoring in corporate culture.

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