Question: a ) Using a diagram explain what is a product lifecycle and describe the four main stages? ( 9 Marks ) b ) i .

a) Using a diagram explain what is a product lifecycle and describe the four main stages?
(9 Marks)
b)
i. What does Digital Transformation mean for manufacturing companies?
(7 Marks)
ii. Using an example explain how Digital Transformation can be beneficial to an organisation?
(7 Marks)
c) Product lifecycle management (PLM) is a business approach to manage the complete set of product definition information from initial ideation, development, service, and product disposal. Using a diagram explain what DATA that PLM shares with other key product manufacturing tools like Enterprise Resource Planning (ERP) and Manufacturing Execution Systems (MES).
(10 Marks)
 a) Using a diagram explain what is a product lifecycle and

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!