Development of Product Lifecycle Management metrics: measuring the impact of PLM

Abstract

Companies that have implemented Product Lifecycle Management (PLM) or planning to implement PLM must justify their current and future investments as a function of organisational performance, both at the functional and organisational levels. To be able to assess the performance of PLM, companies need to identify relevant and appropriate measures. The primary focus of this paper is to propose a PLM Assessment Plan and PLM Waste Reduction and Innovations Conceptual Frameworks. Also, results are presented from a web-based survey in which perceptions of current and potential future PLM users indicate the utility of PLM metrics.

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