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Back to the Future: Product Lifecycle Management and the Virtualization of Product Information

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Product Realization
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Abstract

Product Lifecycle Management (PLM) is new as both a term and an acronym, with their usage occurring only in this new century. Since PLM is new, it is necessary to have an understanding of how it is defined. PLM is based on the substitution of product information for wasted physical resources and using that information for the entire lifecycle of the product. One of the attractions of PLM is that it is a return to a concept as old as the concept of a product. That concept is a product-centric view of the product from creation to disposal. However, mass production and division of labor had made that concept unworkable. The ability to virtualize products allows a return to a product-centric view. The Information Mirror Model (IMM) is a conceptual framework that describes how this product-centric view will be operationalized and used through the four stages of the product’s life: create, build, support, and dispose.

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Correspondence to Michael Grieves .

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© 2009 Springer Science+Business Media, LLC

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Grieves, M. (2009). Back to the Future: Product Lifecycle Management and the Virtualization of Product Information. In: Tomovic, M., Wang, S. (eds) Product Realization. Springer, Boston, MA. https://doi.org/10.1007/978-0-387-09482-3_3

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  • DOI: https://doi.org/10.1007/978-0-387-09482-3_3

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  • Publisher Name: Springer, Boston, MA

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  • Online ISBN: 978-0-387-09482-3

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