Product Lifecycle Management (PLM) is the widely utilized worldwide word amongst the different manufacturing markets. Key objective of PLM is to work together the details, process other than persons attached with the lifecycle of a product within the enterprise. PLM cares for design data in enhancement to processes, constructs and also similarly regulates cost of product records and additionally store products in a digital documents data source. PLM helps in recognizing product compliance, automates business process through process streamlining and monitoring.
Smart products are the future of the smart connected world. Digital transformation has radically changed traditional manufacturing processes through new collaborative connected product development to smart manufacturing. Smart product development is an essential fact for many manufacturing industry today. New product development teams are changing from a majority of mechanical engineers to numerous proficient disciplines of engineers and manufacturers have the ability to check specifically how their products are utilized in actual time with the help of sensing units and also systems attached to the internet/intranet within the product. In addition, touch base on the smart product ecosystem over which manufacturers have incredible access to a constant stream of up to date insights of the product. This informative session review a high level introduction of SMART PLM in the development of SMART product through SMART manufacturing in the era of Industry 4.0
Keyword: Industrial Internet of Things (IIoT), Smart Manufacturing, Smart Product Development
Key Takeaway:
- Product Lifecycle Management
- SMART PLM to SMART Manufacturing
- Process Automation
- Smart Product Development
