Product life cycle management is used by organizations to enable individuals,teams,and entire organizations to collectively and systematically create,share,and apply knowledge in order to achieve their objectives.

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Product Life Cycle Management (PLM) is primarily used by organizations to manage the entire lifecycle of a product from inception, through engineering design and manufacture, to service and disposal of manufactured products. It focuses on improving product designs and manufacturing processes rather than on creating, sharing, and applying knowledge to achieve objectives.

Product Life Cycle Management Is Used by Organizations to Enable