
You are Affected by PLM. What is PLM and How to Stop It?
This article is not about stopping a wide-spread, silent and dangerous disease as the title may suggest, but you’re here now so let’s talk about PLM, Product Lifecycle Management. To put it dryly, it’s an information management system that can integrate data, processes, business systems and, ultimately, people in an extended enterprise. [1] Most importantly, it’s a disciplined way to connect and supercharge a ridonkulous amount of information in your company to get a product to market faster, decrease redundant activities, and increase profits. To readers not operating “extended enterprises”, you can imagine PLM to be like the work of ecologists who study complex, living ecosystems. (more…)