STRATEGIES
Product Lifecycle Management is not likely to break the ice at dinner parties .
So let ’ s try presenting it a little differently :
• Furby : The Life Story .
• Action Man : From Conception to Landfill .
• Loom to Doom : The Fleeting Existence of a Cheap T-Shirt .
These are the essence of PLM , which is a strategic way to manage the life of a product from its inception to its disposal .
In manufacturing , it is essential , giving companies of all sizes the ability to streamline operations , improve product quality and reduce time-to-market .
This is done by integrating people , processes , business systems and information across the product ’ s lifecycle . One of the most significant spin-offs for companies is increased sustainability . For all of the streamlining , integrating , product improvement and supply chain shortening has an impact on carbon emissions .
So , how are businesses embedding PLM into their working practices ? And how are they tracking their carbon-cutting progress ?
138 November 2024