Product life-cycle management

Product Life Cycle Stages product life cycle Key Takeaway The product life cycle helps a company understand the stages a product or service may go through product life cycle A model for the product sales lifecycle, with the assumption of four major phases: introduction, growth, maturity, and decline Curve of sales as a function of

krebs cycle In the growth stage, PLM helps to improve product quality and expand the market During the maturity stage, PLM helps to reduce costs and maintain profitability