Strategic Role of Product Lifecycle Management (PLM) in Enhancing Operational Efficiency and Innovation in Product-Based Organizations
Aman Kumar Sharma Kumar Sharma
Paper Contents
Abstract
This paper explores the strategic impact of Product Lifecycle Management (PLM) in product-based organizations. Using a mixed-methods approach involving surveys, interviews, and case studies, the research investigates PLMs influence on product development efficiency, cross-functional collaboration, product quality, and strategic alignment. The findings reveal that while PLM maturity strongly correlates with key performance indicators, challenges such as system integration, user resistance, and training gaps impede full realization of its benefits.IntroductionGlobal competition and shorter innovation cycles demand agile, integrated systems to manage product development. PLM offers a comprehensive solution spanning from design to disposal. However, adoption challenges remain, such as integration with legacy systems and organizational resistance.
Copyright
Copyright © 2025 Aman Kumar Sharma. This is an open access article distributed under the Creative Commons Attribution License.