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What is plm system and what is its function?
Presumably, many people don't know what plm system is. Let me tell you.

What is plm system? Plm system is a product life cycle management system. It is a series of application solutions for enterprises in a single location, enterprises scattered in multiple locations and enterprises with synergistic relationship in product research and development, and supports the creation, management, distribution and application of product life cycle information.

Plm system can integrate human resources, processes, application systems and information related to products.

What is the use of plm system to shorten the research and development cycle and improve work efficiency? With plm system as the collaborative platform, the communication effect of team members is enhanced, errors and disputes caused by poor communication are reduced, and the average project cycle is shortened by about 10-25%.

From the data point of view, plm system contains complete product definition information, including all mechanical and electronic product data, including software and file content.

Technically, plm system combines a set of technologies and best practices, such as product data management, collaboration, collaborative product commerce, visual simulation, enterprise application integration, parts supply management and other business solutions.

Plm system communicates with all original equipment manufacturers, subcontractors, outsourcing suppliers, partners and customers in the extended product definition supply chain.

In terms of business, plm system can develop potential business and integrate current and future technologies and methods, so as to bring innovative and profitable products to market efficiently.

From the development point of view, plm system is rapidly changing from competitive advantage to competitive need, which has become the only way for enterprise informatization.