Essential elements of PLMReturn to Benefits | Go to PLM discipline PLM can be thought of as both (a) a repository for all information that affects a product, and (b) a communication process between product stakeholders: principally marketing, engineering, manufacturing and field service. The PLM system is the first place where all product information from marketing and design comes together, and where it leaves in a form suitable for production and support. A few analysts use "PLM" as an umbrella term that includes engineering CAD (for "information authoring"). But product-related authoring tools can include word processors; spreadsheet and graphics programs; and even requirements analysis and market assessment tools. PLM systems, on the other hand, are necessarily broad to encompass the entire reach of a product lifecycle, and therefore are primarily focused on data management, rather than data authoring. The essential elements of PLM are:
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