Product Lifecycle Management (PLM)

Product Lifecycle Management (PLM)

In industry, product lifecycle management (PLM) is the process of managing the entire lifecycle of a product from inception, through engineering design and manufacture, to service and disposal of manufactured products.  PLM integrates people, data, processes and business systems and provides a product information backbone for companies and their extended enterprise.

PLM According to Industry Leaders

Source:  CIMdata

"PLM is a strategic business approach that applies a consistent set of business solutions in support of the collaborative creation, management, dissemination, and use of product definition information across the extended enterprise, and spanning from product concept to end of life-integrating people, processes, business systems, and information. PLM forms the product information backbone for a company and its extended enterprise." 

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Enterprise Data Management (EDM)

  1. A concept – referring to the ability of an organization to precisely define, easily integrate and effectively retrieve data for both internal applications and external communication.
  2. A business objective – focused on the creation of accurate, consistent and transparent content. EDM emphasizes data precision, granularity and meaning and is concerned with how the content is integrated into business applications as well as how it is passed along from one business process to another.

EDM arose to address circumstances where users within organizations independently source, model, manage and store data. Uncoordinated approaches by various segments of the organization can result in data conflicts and quality inconsistencies – lowering the trustworthiness of the data as it is used for operations and reporting.

The goal of EDM is trust and confidence in data assets.

Transmittal Management

OpenText Transmittal Management helps standardize and secure a complete and transparent lifecycle for a capital project’s transmittals, from creation and review to compliant auditing and retention. The solution’s process automation can be optimized for different requirements to maximize productivity and reduce costs, and its integrated search and user-friendly reporting provide further transparency.

Automatic Document Numbering

OpenText Automatic Document Numbering (ADN) enables automatic control of flexible and complex document numbering schemes by systems based on OpenText Content Server (Livelink). ADN handles all complex document numbering needs, allowing for many types of numbering structures to be built using attribute prefixes, suffixes and constants combined with sequential numbering.

Advanced State Management

OpenText Advanced State Management (ASM) guides and records the processflow (lifecycle) of a document through predefined states. ASM assures that all documents go through the defined approval process. Through this process ASM handles the permission models, notifications and approvals required to move a document through its lifecycle. A complete processflow (lifecycle) history is captured and is displayable for every document.

Controlled Revision Tracking

OpenText Controlled Revision Tracking (CRT) manages your controlled records lifecycle from creation to retirement. Using a combination of controlled vault concepts and workflow controlled processes, users of drawing, SOP’s, manuals and other content are ensured not only that the content they are using is the latest revision available, but they are also provided with the transparency to see who might currently be working on the content and the status of the changes. This provides complete visibility for users to make the right decisions.

CAD Manager

OpenText CAD Manager for Autodesk AutoCAD® and Bentley MicroStation® are designed to introduce data from engineering departments into a corporate document management system. To manage the complex relationships between engineering drawings stored in OpenText Content Server/Livelink, CAD Manager includes an intuitive structure that differentiates between parent relationships, child relationships, and more. CAD Manager provides seamless access to OpenText Content Server. Users can interact with the OpenText content management directly from AutoCAD and MicroStation menus or via a Batch Processor that allows for the check in/out of multiple files.