Product Lifecycle Management
In today`s industrial manufacturing Product Lifecycle Management (PLM) is essential in order to cope with the challenges of more demanding global competition. New and more complex products must be introduced to markets faster than ever before. Companies f
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Antti Saaksvuori ´ Anselmi Immonen
Product Lifecycle Management Second Edition
With 54 Figures and 4 Tables
12
Dipl.-Ing. Antti Saaksvuori Tehtaankatu 25 D 00150 Helsinki Finland [email protected] Dipl.-Ing. Anselmi Immonen Pohjoiskaari 6 00200 Helsinki Finland [email protected]
Originally Finnish edition published by Talentum, 2002 ISBN-10 ISBN-13
3-540-25731-4 Springer Berlin Heidelberg New York 978-3-540-25731-8 Springer Berlin Heidelberg New York
ISBN 3-540-40373-6 1st edition Springer Berlin Heidelberg New York Cataloging-in-Publication Data Library of Congress Control Number: 2005927934
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Preface
The significance of product lifecycle management (PLM – Product Lifecycle Management, formerly referred to, in a narrower frame of reference, as PDM – Product Data Management) is increasing, especially for companies in the manufacturing, high technology, and telecoms industries. Product and component lifecycles are shortening while, at the same time, new products must be delivered to market more quickly than before. This leads companies to form networks in which each actor specializes in the planning or manufacture of products in a certain field. Information concerning common products must pass quickly, faultlessly, and automatically between companies so that they can compete effectively in international markets. In today’s industrial production, therefore, PLM – Product Lifecycle Management – is an essential tool for coping with the challenges of more demanding global competition and ever-shortening product and component lifecycles. New and better products must be introduced to markets more quickly, with more profit and less labor, and the lifecycle of each product must be better controlled, for example from financial and environmental perspectives. Fierce competition in global markets drives companies to perform better. In order to perform well financially, companies must be able to make informed decisions conce
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