Product Lifecycle Management is often understood with a relatively narrow scope. This misundersanding is preventing many organizations from gaining the benefits they could achieve by understanding how to integrate the product management to other focal business processes and operations.
In order to highlight the holistic approach, we prefer referring to Extended Product Lifecycle Management. Once an organization has adopted such a capability, it can
- improve its sales
- gain better margins with product competitiveness
- extend the profitable lifecycle from product delivery phase to services
- efficiently re-use knowledge and information in the organization
We gladly discuss more in detail our consulting services and how we support organizations with current state analysis, setting the target state, concepts and implementation – please contact.