Product life cycle management (PLM) systems are ERP modules or enterprise system add-ons that organize data by product, including design, manufacturing specifications, quality, and warranty performance.

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PLM systems are specifically designed to manage data related to a product's entire life cycle, including design, production, maintenance, warranty, and disposal. They enable organizations to collaborate more effectively, accelerate innovation, reduce cycle time, and improve quality by providing a central repository for all product-related data. PLM is often integrated with ERP systems to ensure consistency and accuracy of data throughout the entire product life cycle.

Product Life Cycle Management (PLM) Systems Are ERP Modules or Enterprise