Product lifecycle management

Product lifecycle management is a way of keeping track of a product from the time it is made until it is no longer used. It includes all of the steps of managing a product, from the design and planning stages to production and distribution. It also includes monitoring the product during its life and making sure it meets customer needs. By tracking the product lifecycle, companies can make sure that their products are the best they can be and that the customer gets the most value for their money.