Editing Product lifecycle (section)

{{Short description|Duration of processing of products from inception, to engineering, design & manufacture}}
{{About|1=managing product design and production details|2=the marketing term|3=Product life-cycle management (marketing)}}
{{Use dmy dates|date=March 2023}}
{{more citations needed|date=April 2013}}
{{Business administration}}

[[File:Product’s lifecycle.jpg|thumb|240px|A generic lifecycle of products]]

In [[Industry (economics)|industry]], '''product lifecycle management''' ('''PLM''') is the process of managing the entire lifecycle of a product from its inception through the [[Product engineering|engineering]], [[Product design|design]], and [[Manufacturing|manufacture]], as well as the service and disposal of manufactured products.<ref>{{cite journal|first1=Ondřej |last1=Kurkin |first2=Marlin |last2=Januška |title=Product Life Cycle in Digital factory |journal=Knowledge Management and Innovation: A Business Competitive Edge Perspective |location=Cairo |publisher=International Business Information Management Association (IBIMA) |year=2010 |pages=1881–1886 |isbn=9780982148945}}</ref><ref>{{cite web|title=About PLM |publisher=CIMdata |url= http://www.cimdata.com/plm.html |access-date=25 February 2012}}</ref> PLM integrates people, data, processes, and [[business]] systems and provides a product information backbone for companies and their extended enterprises.<ref>{{cite web |title=What is PLM? |publisher=PLM Technology Guide |url= http://plmtechnologyguide.com/site/?page_id=435 |access-date=25 February 2012 |archive-url=
https://web.archive.org/web/20130618201418/http://plmtechnologyguide.com/site/?page_id=435 |archive-date=18 June 2013 |url-status=dead }}</ref>
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