Luxury Lexicon A definition

PLM

Product lifecycle management: coordinating a product’s information and development from its initial concept onward.

PLM coordinates people, processes and product information across a product’s lifecycle, from concept and design through production and later stages. Its software provides a shared information backbone so teams can maintain specifications, track versions and work with agreed product details. In development work, updating a record helps subsequent decisions use the current information as the product changes. PLM describes a broader approach than a single database or development task. Product information management has a more focused role in preparing and distributing product details across sales channels and other systems.

In job listings

Burberry’s Fabric Development Assistant role in London involved maintaining and updating PLM systems with accurate fabric information throughout the development lifecycle. This example shows the record maintenance behind coordinated development: the role helped keep the system’s fabric information aligned with the work as it progressed. Search local jobs for “plm”.

References

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