Product Life Cycle Management ( Plm )

1873 Words Oct 20th, 2014 8 Pages
Q1
1. INTRODUCTION
Product Life Cycle Management (PLM) is a systematic approach in which the series of changes that occurs through the inception point, design to the ultimate disposal point of the product. PLM integrates the data at different levels of processes of the product through which it provides useful information to the manufacturing enterprise for its future extended purpose.
Advantages of PLM
1. Effective and efficient production of product
2. Decrease in the lead time
3. Reduction in VUDA (waste)
4. Improvement in the product quality and reliability
5. Growth in sales
6. Precise quote can be generated
7. Management to demand fluctuations
8. Determining the quick changes to be taken
9. Collected data can be used for different purposes
10. Prototyping costs can be decreased
Figure 1 shows the typical product life cycle management process. Fig 1 PLM cycle
Case study to explain the Product life cycle management :
PLM approach and solution at NISSAN MOTOR CORPORATION
About NISSAN and the NEED for PLM
Nissan motor company usually refers to Nissan is a Japan based company which has its head-quarters in Yokohama, Tokyo. Nissan is one of the largest automobile maker in the world. Nissan has employed the fully digital PLM process in design and manufacturing its automobiles. A recent example for it is NISSAN infinite G37 coupe is the new vehicle program that has been employed by them to bring a new car in to the global market.
With the…

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