The product life cycle
The product life cycle covers each phase of a product’s life, starting with development and production, through sales and distribution, to maintenance and decommissioning. The requirements for a product change over time. These changes affect not only the design department, but also the production, sales and service departments of the company. A large amount of product-related data and information is generated throughout a product’s life cycle. A PLM system ensures the seamless integration of all information and product data, thereby enabling it to be centrally managed and readily available to all interested parties.