Define Product life cycle management. Product life cycle management synonyms, Product life cycle management pronunciation, Product life cycle management translation, English dictionary definition of Product life cycle management. n marketing the four sta
■产品界面(Product Interfaces):影响产品开发成就的内部和外部界面,包括界面的特性、活动要求和时间选择。 ■产品寿命周期(Product Life Cycle):新产品从出生到死亡的四个阶段:推广、增长、成熟和衰落。围绕着产品是否都要经历这个周期,一直在争论不休。 ■产品生命周期管理(Product Life-Cycle Management):随着时间的...
Synonyms Life cycle engineering ; Product life cycle management Definition The product life cycle (PLC) refers to the notion that products have a limited period (lifetime) in the marketplace and that this period passes through a number of different stages, each requiring different approaches to ...
Product life cycle management (PLM) is a philosophy, process and discipline supported by software for managing products through the stages of their life cycles, from concept through retirement. As a discipline, it has grown from a mechanical design and engineering focus to being applied to many ...
Every product in the retail market goes through four product life cycle stages: introduction, growth, maturity, and decline. Understanding these stages can prevent your hard work from meeting an untimely demise. By mastering product life cycle management, you can identify where your products lose tr...
Definition:TheProduct Life Cyclemeans the sequence of stages that every product progresses through until it reaches the stage where it is finally abandoned or discontinued from the market. In other words, the life of a product is finite and advances through several stages i.e. from the introduct...
AcronymDefinition PLCMPolycom, Inc.(stock symbol) PLCMProduct Life-Cycle Management PLCMPublic Land Code Mask PLCMPennsylvania League of Cities and Municipalities PLCMPermitted Lane Closure Map(transportation) PLCMPrivate Long Code Mask(telecommunications) ...
Product Life Cycle Vs. BCG Matrix A product is born, grows, declines, and dies. Isn’t this model the same as that of the BCG Matrix? If you thought of that, you were very astute. The BCG Matrix is another amazing management tool, created by the Boston Consulting Group (the model is...
Product life cycles are used by management and marketing professionals to help determine advertising schedules, price points, expansion to new product markets, packaging redesigns, and more. These strategic methods of supporting a product are known as product life cycle management. They can also help...
Effective product life cycle management brings together the many companies, departments, and employees involved with the product's production to streamline their activities, with the ultimate goal of producing a product that outperforms its competitors, is highly profitable, and lasts as long as consum...