INDUSTRIAL SUMMER TRAINING report on Product life cycle management
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INDUSTRIAL SUMMER TRAINING report on [b]Product life cycle management[/b]
Bachelor of Technology
Mechanical and Automation Engineering
(Product life cycle management)
Plm is a set of standards used by companies to successfully maintain innovation in engineering and reduce manufacturing costs.
Plm can be defined as follows:
A strategic business approach that applies a consistent set of the collaborative creation, management, dissemination and use of product definition information across the extended enterprise from concept to end of life- integrating people, processes, business system and information.