Product Lifecycle Management (PLM) Software
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Arena, a PTC business, helps companies to design, produce, and deliver innovative products with a unified cloud-based PLM and QMS platform. Arena understands modern product companies rely on distributed teams and global supply chains to develop products, ensure regulatory compliance…
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YuniquePLM is a product lifecycle management software solution for the apparel and furniture (upholstery) industry, developed by Gerber Technology, which is now a LECTRA brand (acquired June 2021).
Polygon Software is a provider of software solutions for the sewn-goods industry and textile mills. Their primary products, PolyPM and PolyNest, provide PLM, ERP, and CAD solutions that are designed to “fit” the way a business operates. Their products are known for their robust functions…
TULA is a cloud based highly interactive GRC application built with predictive analytics that helps companies and their teams to be proactive about the projects/ programs they execute. With both internal and external sources of data, client will have a holistic view about their…
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ViSU is a cloud-based regulatory information management solution (RIMS) that provides intuitive handling of all regulatory affairs processes by headquarters, regulatory operations, regional managers and local affiliates. ViSU is specifically designed for managing products and tracking…
Via a collaboration with Microsoft, PAREXEL headquartered in Waltham offers the Perceptive Cloud, a product lifecycle management platform exclusively for pharmaceuticals and life science entities and their development labs.
PALMA, a software solution from Modular Management headquartered in Stockholm, for strategic and data driven product management, helps users gain control over the lifecycle of modular product platforms while also managing configuration. PALMA is a tool to structure, analyze and share…
KloudPLM is a Cloud First PLM Platform built on the data-driven architecture of salesforce, combining Product Lifecycle Management (PLM), Quality Management systems (QMS), Business Process Management systems (BPMS), and Product Information Management (PIM) into a single SaaS solution.…
Kubix Link is Lectra's fashion industry PLM and PIM, designed to deliver consumer experience.
Essig PLM in Barcelona provides enterprise technology solutions including Computer Aided Design (CAD) Connectors and Product Lifecycle Management (PLM) software solutions that help innovate products. ProductCenter PLM automates product data and lifecycle processes.
Duro Labs in Los Angeles provides cloud-based SaaS software to help hardware companies manage the design and manufacturing of their custom hardware products. Duro’s workflow management solution is designed to be as simple to use as a spreadsheet, but integrates automated data entry…
MasterControl Development Excellence streamlines the collection and compilation of new product development documentation, integrates quality requirements early in the design process and manages design control throughout the product development lifecycle. MasterControl helps automate…
Bamboo Rose Retail Product Lifecycle Management, from Bamboo Rose headquartered in Boston is a PLM supporting the design and development of retail merchandise.
Surefront is a cloud-based Product Lifecycle Management (PLM) platform designed to streamline product development and merchandising process for retailers and suppliers. Surefront aims to replace antiquated tools like emails and spreadsheets, and free up product development and…
ACE Essentials™ is an EQMS software for highly regulated industries. The vendor states this EQMS comes equipped with all the necessary Standard Operating Procedures (SOPs) so users have a compliant quality management system from day one. ACE Essentials™ includes document management;…
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Learn More About Product Lifecycle Management (PLM) Software
What is Product Lifecycle Management?
Product Lifecycle Management (PLM) software provides businesses with the opportunity to manage all of their data and information processes for worldwide supply chains at every step of a product design or service lifecycle. PLM provides businesses and supply chains with all the necessary data about items, parts, products, documents, requirements, engineering change orders, and workflows.
As PLM Software becomes increasingly more important in a globalized economy, it continues to be adapted and tailored to meet the needs of a variety of different industries. PLM Software’s original intent was to support engineers’ collaboration on their latest product designs and control the information lifecycle. Yet today, PLM Software provides services to support a much larger percentage of an organization, including customer service, marketing, sales, suppliers, and partners.
The support PLM Software provides businesses is crucial in promoting increased productivity, creativity, and collaboration. Other benefits include improved quality, and regulatory compliance, as well as shortened product production times.
Product Lifecycle Management Features
Most products in the Product Lifecycle Management have the following features:
- Change management
- Design feature management, including tracking of feature requests
- Design drawing revision management
- Quality management
- Collaboration solutions
- Training management
- BOM management
- Compliance management
- Document control or design software management
- Requirements management
- Item management
- Supplier relationship management
- Implementation with Agile methodologies
Product Lifecycle Management Comparison
When comparing PLM Software, businesses should consider the following factors:
Industry of Focus: When it comes to PLMs, one size doesn’t fit all. Many PLM’s focus on providing support for specific industries (i.e., fashion, retail, processing), so businesses should consider what PLM provides the best support and features for their industry.
Open-Source vs. Paid Software: A few free and open-source PLM tools are available, though the selection is minimal. Free PLM tools also tend to be more limited feature-wise to proprietary options, and none of them can provide ongoing support. Businesses should consider their feature needs and support when considering an open-source tool.
Integration Support: Product lifecycle management is a complex process and cannot be handled by just one software alone. Before purchasing from a vendor, businesses should consider how well their PLM can incorporate and communicate with computer-aided design (CAD) software systems, as well as enterprise resource planning (ERP). These software platforms are crucial to the design flow process and focus on the more detailed building stage of a product or service.
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Pricing Information
The cost to implement a PLM solution varies greatly. Some software companies offer a straightforward pricing scheme for PLM solutions, ranging from $13 to $150 per month. However, the cost of most PLM solutions must be obtained by contacting the vendor directly. For a custom quote, vendors consider the company size, implementation complexity, and the number of average users. There are also some open-source options for businesses looking for basic support features.
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Frequently Asked Questions
What does Product Lifecycle Management do?
What are the benefits of using Product Lifecycle Management?
What are the best Product Lifecycle Management products?
These are some of the best Product Lifecycle Management products: