A Product Lifecycle Management or (PLM) system starts by helping companies select the right product ideas out of several initial ones. On the same system, design and engineering teams can work on product design & development as well as collaborate with the rest of the supply chain. Once the product is in manufacturing or in usage, quality issues can also be managed throughout its lifecycle.
A service system software provides services such as project management, task management, product management, bug tracking, account management, sales forecasting, customer service requests cataloging and much more.
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