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    Product lifecycle management (PLM) is the process of managing a product from conception through design, manufacture, service and disposal by integrating people, data, processes and business systems to provide a product information backbone for companies. PLM focuses more on managing descriptions and properties of a product during development and use from an engineering perspective, while product life cycle management (PLCM) focuses more on the commercial lifespan of a product in terms of costs and sales. The main objective of this project is to understand the product lifecycle stages and time periods for products in KESORAM Cement Ltd.

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    Product lifecycle management (PLM) is the process of managing a product from conception through design, manufacture, service and disposal by integrating people, data, processes and business systems to provide a product information backbone for companies. PLM focuses more on managing descriptions and properties of a product during development and use from an engineering perspective, while product life cycle management (PLCM) focuses more on the commercial lifespan of a product in terms of costs and sales. The main objective of this project is to understand the product lifecycle stages and time periods for products in KESORAM Cement Ltd.

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    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
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    3 views1 page

    Abstract

    Uploaded by

    Mba Projects
    Product lifecycle management (PLM) is the process of managing a product from conception through design, manufacture, service and disposal by integrating people, data, processes and business systems to provide a product information backbone for companies. PLM focuses more on managing descriptions and properties of a product during development and use from an engineering perspective, while product life cycle management (PLCM) focuses more on the commercial lifespan of a product in terms of costs and sales. The main objective of this project is to understand the product lifecycle stages and time periods for products in KESORAM Cement Ltd.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Abstract

    Product life cycle management (PLM) is the process of managing the entire lifecycle
    of a product from its conception, through design and manufacture, to service and
    disposal. PLM integrates people, data, processes and business systems and provides a
    product information backbone for companies and their extended enterprise.

    Product lifecycle management (PLM) is more to do with managing descriptions and


    properties of a product through its development and useful life, mainly from a
    business/engineering point of view; whereas product life cycle management (PLCM) is to
    do with the life of a product in the market with respect to business/commercial costs and
    sales measures.
    The main Objective of this project is to understand the Product life cycle in KESORAM
    Cement industrys Ltd, Know the time period of the product to reach its maturity stage,
    Know the time period of the product to reach its declain stage.

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