Click here

PLM

Short for Product Lifecycle Management, it refers to a set of software tools used for mechanical design, analysis and manufacturing to support products from when they are first conceived through distribution and retirement. *PLM is assembled from various software programs, rather than purchased outright as a single commercial off-the-shelf product. Once assembled, a well-designed PLM system will manage product specifications and formulas, provide production histories, create complete product genealogies, and track total product quality. [* Adapted from EnteGreat]



Top Terms
  • 1

    enterprise application

    An enterprise application is the term used to describe applications -- or software -- that a business would use to assist the organization in...

    Read more »

  • 2

    open source

    Generically, open source refers to a program in which the source code is available to the general public for use and/or modification from its...

    Read more »

  • Click Here!

Connect with Webopedia

Did You Know? Archive »

  • Quick Reference Archive »