Unit 3 Two Mark
Unit 3 Two Mark
Unit 3 Two Mark
Engineering College
(An Autonomous Institution)
R.S.M Nagar, Kavaraipettai, Gummidipoondi (Tk.), Tiruvallur (Dt.) -
601206
BASICS OF PRODUCT
The main difference between functional and system components of Product Lifecycle Management
(PLM) is that functional components are the modules that manage specific aspects of a product's
lifecycle, while system components are the software that integrates data, processes, and business
systems to manage the product's lifecycle
• Functional components
These modules manage specific aspects of a product's lifecycle, such as product data, quality, and
change management. For example, a product data module might include a bill of materials, engineering
drawings, and routing data. A quality module might include corrective action processes and metrics to
measure product quality. A change management module might automate the approval process for
changes to products.
• Ensuring that the correct part and build information is passed on to the manufacturing
department
• Reducing errors
• Storing valuable information with the project
• Transferring learned information to future projects
• Better design reviews
PLM systems can help streamline the design review process by providing components for:
Improve visibility
Improve planning
Improve traceability
Bridge the digital and physical gap
Process management ensures that the various stages of product development and lifecycle are well-
coordinated, efficient, and consistent with business goals. It defines workflows, tracks tasks, and
ensures compliance with regulations and best practices. By optimizing processes, PLM helps reduce
time-to-market, improve quality, and control costs.
15. What are the key activities involved in the concept phase of the product lifecycle?
Key activities in the concept phase include market research, idea generation, feasibility studies, and the
creation of initial product specifications. This phase focuses on identifying customer needs,
determining technical feasibility, and laying the groundwork for product development.
In the design phase, technologies such as Computer-Aided Design (CAD), Computer-Aided Engineering
(CAE), and simulation tools are commonly used. These tools enable detailed product modeling,
prototyping, and testing to optimize designs before proceeding to manufacturing.
During the introduction phase, technologies such as Enterprise Resource Planning (ERP), supply chain
management tools, and marketing automation systems are used. These systems help manage
production, logistics, and distribution processes, as well as support product launch campaigns.
Technologies used in the maturity phase include advanced analytics, service management tools, and
lifecycle monitoring systems. These technologies help extend product lifespan, manage product
updates, and optimize operational efficiency to sustain profitability.