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Reengineering Business Success Through Product Lifecycle Management (PLM)

Aman Kumar Sharma Kumar Sharma

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Paper Contents

Abstract

AbstractProduct Lifecycle Management (PLM) is no longer a technical accessory but a strategic driver of competitive advantage in modern product-based industries. This paper presents a fresh perspective on how PLM redefines organizational workflows, digital transformation, customer alignment, and innovation acceleration. Moving beyond conventional implementation hurdles, the study repositions PLM as a business-wide digital spine, weaving together decision-making, supply chain, design thinking, and real-time collaboration. Real-world case references support the argument that PLM is an essential enabler for resilient and adaptive product strategies.1.IntroductionOrganizations are under relentless pressure to deliver faster, smarter, and more sustainable products. PLM emerges as a central enabler, managing product information, enabling collaboration across departments, and reducing lifecycle inefficiencies. The growing adoption of cloud-native PLM platforms, AI-powered automation, and agile frameworks signals a shift from traditional engineering-centered tools to business-centric ecosystems.

Copyright

Copyright © 2025 Aman Kumar Sharma. This is an open access article distributed under the Creative Commons Attribution License.

Paper Details
Paper ID: IJPREMS50600075264
ISSN: 2321-9653
Publisher: ijprems
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