Product Lifecycle Management Does for Ideas What ERP Did for Assets, without the Headaches
Date Published: 2008-09-16
Paper Number:2008-01-2304
DOI: 10.4271/2008-01-2304
Citation:
Wood, G. and Zuefeldt, D., "Product Lifecycle Management Does for Ideas What ERP Did for Assets, without the Headaches," SAE Technical Paper 2008-01-2304, 2008, doi:10.4271/2008-01-2304.
Essentially, Product Lifecycle Management (PLM) is to a company's product value chain (Engineering IP) what Enterprise Resource Planning (ERP) is to its inventory and manufacturing processes. This paper's intent is to provide insight into today's global business platform, and how having the proper strategy with a scalable PLM solution will provide both short and long term value.
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