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  • Product Lifecycle Management

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    Ismail Sayyed
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    Product Lifecycle Management (PLM) involves dividing a product's lifespan into key stages from design and development through growth, maturity, and decline. The stages are characterized by varying sales volumes and opportunities for original equipment manufacturers to reduce costs through design for manufacturing. PLM aims to provide attention and cost management throughout a product's prototyping, production, extensions, and phase-out.

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    Product Lifecycle Management (PLM) involves dividing a product's lifespan into key stages from design and development through growth, maturity, and decline. The stages are characterized by varying sales volumes and opportunities for original equipment manufacturers to reduce costs through design for manufacturing. PLM aims to provide attention and cost management throughout a product's prototyping, production, extensions, and phase-out.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    35 views1 page

    Product Lifecycle Management

    Uploaded by

    Ismail Sayyed
    Product Lifecycle Management (PLM) involves dividing a product's lifespan into key stages from design and development through growth, maturity, and decline. The stages are characterized by varying sales volumes and opportunities for original equipment manufacturers to reduce costs through design for manufacturing. PLM aims to provide attention and cost management throughout a product's prototyping, production, extensions, and phase-out.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
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    Product Lifecycle Management (PLM)

    Prototypes Pilot Stage Full Production Product Extensions


    Product Reintroductions
    Revisions

    High Volumes

    Medium Volumes
    Sales Volume
    Product Phase-out

    Low Volumes

    Econom
    ies of S
    cale
    Greatest Opportunity to Breakeven Point Unit Costs
    Reduce Costs for OEM
    through DFM

    Time
    Design and Development Introduction Growth Maturity Decline
    New Projects Prelaunch Increased Competition Market Saturation Discontinued
    Revisions/Redesigns Market Entrance Alternatives Established Players
    Product Acceptance Substitutes
    Revisions

    ETI is dedicated in providing VIP Attention and Cost Management throughout your Product Lifecycle Stages

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