PLM Definitions

  • D

    digital thread

    A digital thread is a strategy for connecting manufacturing systems and digitally linking a manufacturing environment from end to end.

  • discrete manufacturing

    Discrete manufacturing is an industry term for the manufacturing of finished products that are distinct items capable of being easily counted, touched or seen.

  • P

    product data management (PDM)

    Product data management (PDM) involves capturing and managing the electronic information related to a product so it can be used in various business processes, including production and marketing. It usually requires a dedicated software application and centralized database.

  • product information management (PIM)

    Product information management (PIM) is a classification of software products that support the global identification, linking and synchronization of product information across heterogeneous data sources.

  • product lifecycle management (PLM)

    Product lifecycle management (PLM) is a systematic approach to managing the series of changes a product goes through, from its design and development to its ultimate retirement or disposal. PLM software can be used to automate the management of product-related data and integrate the data with other business processes.

  • S

    service lifecycle management (SLM)

    Service lifecycle management (SLM) refers to both the strategy and software for managing the performance, maintenance and repair of products and maximizing their profit opportunities by looking at service as an ongoing process rather than a discrete event or series of events. It can help to improve the efficiency and profitability of product service by helping to manage the service process and providing field workers with important information about product designs, repair procedures, warranties and parts.

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