Product Lifecycle Integration Management

The Product Lifecycle Integration Management aggregate function groups functions that support coordination and integration of all phases of a product's lifecycle. This typically encompasses the stages from initial concept and design, through development and testing, to deployment and maintenance, and finally to product retirement. The aim of these functions is to enhance efficiency, reduce costs, and ensure that products meet market demands and regulatory requirements. By incorporating cross-functional collaboration, Product Lifecycle Integration Management helps to align various interests such as engineering, marketing, and customer support, ensuring that each phase transitions smoothly into the next.<br/>A critical aspect of Product Lifecycle Integration Management is the use of integrated software tools and platforms that facilitate real-time data sharing and communication among stakeholders. These tools enable comprehensive tracking of product specifications, changes, and performance metrics throughout the lifecycle. <br/><br/><br/>This AF was renamed in 24.5 Old name was Lifecycle Integration Management<br/><br/>