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

Canada Goose asked a Toronto product development professional to keep development records accurate in both PLM and ERP systems. One product can appear in both. Its design and development history is useful to the product team, while planning and operating information serves a different purpose. The vacancy names both systems as part of the work. Search local jobs for “plm”.

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