Best PLM Software
PLM (Product Lifecycle Management) software handles data and processes throughout a product’s development. It helps combine data, documents, business systems, and people to create products.
Key features include:
- Product design and CAD integration
- Configuration and BOM management
- Requirements tracking
- Change management
- Centralized data repository
- Documentation management
- Cost tracking
- Compliance management
- Simulation features
PLM software is used across various industries and integrates with ERP systems, quality management systems, and other related software.
To qualify for the PLM category, a product must:
- Provide CAD functionality
- Manage product configurations and BOMs
- Offer requirements tracking and change management
- Provide a centralized data repository
- Maintain product documentation
- Manage product costs
- Ensure compliance
The core value proposition is enhancing product development efficiency by providing tools for comprehensive lifecycle management, thereby improving productivity, quality, and time-to-market.
Featured Software
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FAQs of PLM Software
At its heart, Product Lifecycle Management (PLM) has a strategic role in overseeing a product’s entire journey. This journey starts with the first idea and goes through development, service, and final disposal.
ERP systems help manage the supply chain. They handle inventory, logistics, pricing, and payments. PLM, on the other hand, focuses on managing the whole product development lifecycle and its processes. Both systems keep track of data and assets. However, PLM offers more specialized design and development management than ERP.
Check out SAP’s PLM software to specify, create, and ship top-notch, eco-friendly products through groundbreaking methods. Combine business info and engineering designs with digital copies to build closed circuits, making sure product lifecycles stay in sync along a digital path.
Jira helps manage the entire product lifecycle by enabling teamwork from concept to release. It allows high-performing software groups, including coders, marketers, and designers, to work together on one platform.
Oracle Fusion Cloud PLM is a team-based system that helps you get products to market faster. It organizes the data and steps needed to develop, build, and sell new products and services.