A PLM (product lifecycle management) system works by centralizing and automating the management of product-related information throughout the product lifecycle. The PLM system provides a centralized repository for all product information, including design specifications, bill of materials, engineering change orders, and test data.
A PLM system can integrate with or interchange information with other systems, such as controls, CAD (computer-aided design), ERP (enterprise resource planning), and MES (manufacturing execution systems), to provide a comprehensive view of the product lifecycle.