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Product lifecycle management (PLM) refers to the handling of a good as it moves through the typical stages of its product life: from cradle to grave. This includes a product's development and introduction, growth, maturity/stability and decline. This process involves both the manufacturing and marketing of goods.
Impact of Industry 4.0 on Product Lifecycle ManagementIndustry 4.0 is here, and it’s no secret that your business and product development processes will be affected.