This review explores the prospects of using product lifecycle management (PLM) as an end-to-end solution. The components of PLM provide significant value, but there are no fully integrated offerings on the market that perfectly cover every aspect of product lifecycle, according to a report. In the absence of an end-to-end tracking system, one trend coming to prominence is the use of PLM as the complete system of record for all product data. Though a study concluded that PLM still has a way to go in terms of tracking product design from early inception right through sales to reclamation, it is becoming the main go-to source for a large amount of product data. Experts believe that PLM still has a way to go in terms of tracking product design from early inception right through sales to reclamation; however, it is becoming the main go-to source for a large amount of product data. Software developers are working to create tools that can incorporate ever more of the big picture and make it accessible to engineers.
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March 2009
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In One Place
Issues Ranging From Regulatory Compliance to Finance Influence the Success of a Product. Although There is no Single Tool to Guide Engineers Through it All, People are Working on it.
Mechanical Engineering. Mar 2009, 131(03): 34-37 (4 pages)
Published Online: March 1, 2009
Citation
Thilmany, J. (March 1, 2009). "In One Place." ASME. Mechanical Engineering. March 2009; 131(03): 34–37. https://doi.org/10.1115/1.2009-MAR-3
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