PDM/PLM refers to Product Data Management (PDM) and Product Lifecycle Management (PLM) systems. PDM primarily focuses on managing data related to product design and engineering, including CAD files, specifications, and bills of materials. PLM expands on PDM to manage the entire lifecycle of a product, from conception and design through manufacturing, distribution, service, and eventual retirement. PLM systems often integrate with other enterprise systems like ERP and CRM. PLM is commonly used to improve collaboration, reduce time to market, ensure regulatory compliance, and optimize product development processes.
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