Agile Product Lifecycle Management (PLM) is a strategic approach to managing the entire lifecycle of a product from inception through design, manufacturing, and service to its eventual disposal. It involves coordinating people, processes, business systems, and information to enhance collaboration and efficiency.
Agile PLM is all about optimizing product development, improving time-to-market, reducing costs, and ensuring that your product is high-quality. It significantly enhances communication across departments by breaking down silos, ultimately maximizing your product’s value in the market throughout its lifecycle. This is what makes PLM software an essential tool for all large-scale manufacturing companies.
