Year: 2024
Type: article
Abstract: This article offers a unique perspective on Product Lifecycle Management (PLM) by drawing parallels to the lifecycle of a pumpkin. Each phase of PLM-ideation, development, production, launch, and retirement?is examined through this relatable analogy, emphasizing the significance of robust processes. The narrative illustrates how effective PLM supports sustainability and continuous innovation, fostering a circular economy similar to the ecological contributions of pumpkins. In the ever-evolving world of Product Lifecycle Management (PLM), professionals often find it challenging to convey its complexities to a broad audience. This paper offers a unique analogy, comparing PLM stages to the lifecycle of a pumpkin. By dissecting each lifecycle phase-from ideation to sustainability-this narrative-driven exploration offers insights into the significance of robust PLM processes. Ultimately, similar to how pumpkins contribute to a sustainable ecosystem, an effective PLM system can facilitate the circular economy and drive continuous innovation in product development.
Author: Prakhar Mittal
Language: English
Subfield: Management of Technology and Innovation
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4404882985