product lifecycle management (PLM):
"A process for guiding products from idea through retirement to deliver the most business value to an enterprise and its trading partners. The applications that support the business activities enabled through PLM includes product ideation, design, engineering, manufacturing process management, product data management, and product portfolio management."

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Definitions of terms related to product lifecycle management (PLM):

• computerized maintenance management systems (CMMS)
• contact management
• corporate performance management (CPM)
• customer relationship management (CRM)
• database management system (DBMS)
• Demand management
• enterprise asset management (EAM)
• Job shop production
• lean production
• mass production
• Master production schedule
• Mixed model production
• Multi-model production
• Optimised production technology
• p chart
• product acceptance
• product code
• product configurator
• product costs
• product data management (PDM)
• product definition
• product family
• product life cycle
• Product life cycles
• product mix
• product rationalization
• product structure
• production database
• production line
• production material
• production order
• production planning
• production schedule
• productivity
• programmed production
• project management
• projected life
• supplier relationship management (SRM)
• supply chain management (SCM)
• Universal product code
• warehouse management system (WMS)