publicationethics.org

PRODUCT LIFE CYCLE AND PORTFOLIO MANAGEMENT IN A MODERN PRODUCTION ENVIRONMENT

10.15660/AUOFMTE.2016-3.3274

Nemanja MATIĆ, Ivan RADEVIĆ

maticneman-ja6@gmail.com, ivanradevic@gmail.com

Product lifecycle management (PLM) enables companies to enhance delivery of products in order to prolong their presence on the market. This is achieved by facilitating product platforms, minimizing risk and increasing revenue for initial product release stage through the reuse of best practices and human resource management. The purpose of this paper is to review the current methods and give insight on of best practices for product lifecycle management in a production environment

management, product sales, life cycle

ISSN 1583-0691, CNCSIS "Clasa B+"