A database system that stores different types of document related to product definition. This term was used more commonly in the ‘80s to describe software promoted at that time.
A database system used to manage all documents, CAD files and other data relevant to a product development process and to a certain extent the product development process itself.
A database system that includes comprehensive product data management (PDM) together with collaborative visualization capabilities and electronic workflow tools enabling groups of users in different locations to collaborate on product development, engineering change management, and product review, approval and release processes.
A combination of a database system and the associated authoring tools that support the management of a portfolio of products, processes and services from initial concept, through design, launch, production and use to final disposal. PLM co-ordinates products, project and process information throughout new product introduction, production, service and retirement among the various players, internal and external to the OEM, who must collaborate to bring the concept to fruition. Some authoring tools included in the scope of PLM are MCAD, ECAD, technical publishing, software and finite element analysis.
The business process extending from the identification of a business opportunity to the market launch of the identified product, and including everything in between.
The business process that tracks the status of finished products, records maintenance carried out, as-built and as-maintained configurations, repair processes and alternatives, including product upgrades.
The business process that involves all the globally distributed functions that contribute to the successful development, launch and evolution of a new product including design, engineering, manufacturing, purchasing, marketing, sales, maintenance and service, the supply chain and the customers who will buy the product.
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