The product development life cycle - innovate, conceptualize, plan, design, procure, produce, deliver, service, and retire - naturally includes multiple people, operating in multiple departments, and typically from multiple companies, each with locations in multiple countries around the world. Solving inherent difficulties that result from managing this complexity are the raison d’être for PLM solutions.
the supplier evaluation criteria
manufacturing systems (albeit mostly the vendors' own, which is logical at this stage) and include supplier relationship management (SRM) capabilities and links to customer data in customer relationship management (CRM) systems. Still, since most PLM deployments begin by trying to solve engineering-oriented problems, these vendors' PLM offerings are not yet in widespread use. However, the PLM vendors' Holy Grail has become the ability to work with information from heterogeneous sources, an order du