What Is Product Lifecycle Management

A Traditional Definition of Product Lifecycle Management (PLM)

According to Gartner, “Product lifecycle management (PLM) is a philosophy, process and discipline supported by software for managing products through the stages of their life cycles, from concept through retirement. As a discipline, it has grown from a mechanical design and engineering focus to being applied to many different vertical-industry product development challenges.”
 
Many PLM software vendors focus primarily on the earlier stages of hardware development - specifically product design and the handoff to manufacturing. But you should always consider the broader definition of PLM, which includes the following key PLM capabilities:
 
 
With traditional PLM software, manufacturing companies often cite benefits like:
 
  • Higher engineering productivity
  • Lower product costs
  • Higher product quality
  • Shorter ECO cycle time
  • Less scrap and rework 
 
Propel offers all the core PLM capabilities you expect and more. Find out more here: A New Type of PLM

With Propel, AMS Technologies can work much more closely with our customers to deliver innovative custom engineered solutions they need to succeed.

JAN MEISE, CEO

READ CASE STUDY

After being an 8 year administrator of Oracle Agile PLM, I'm truly impressed with the advantages Propel brings.

Michael Hinton, Engineering Manager

WATCH CASE STUDY

Propel ensures that all our employees can see the latest updates for our customer projects. Unlike traditional PLM systems, which are primarily designed for engineers, Propel makes it easy for everyone to get on board.

TONY OLIVO, LEAD SYSTEMS ENGINEER

READ CASE STUDY

You’d be surprised at the differences with other PLM systems - Propel is very easy to customize, easy to use and easy to train.

KRISTA HUNTER, HEAD OF ENGINEERING OPERATIONS

WATCH CASE STUDY