The manufacturing industry is transforming in today’s interconnected, fast-paced world. Manufacturers worldwide are embracing sustainability, environmental challenges, and governance compliance while adopting the principles of Industry 5.0. This article explores the synergistic collaboration between Product Lifecycle Management (PLM) and Life Cycle Engineering (LCE) and how it fosters sustainable growth and enhanced efficiency. We’ll delve into PLM, LCE, ESG, and Industry 5.0, uncovering the promising possibilities, they bring to revolutionize the industry.
The Fusion of PLM and Life Cycle Engineering:
Throughout the manufacturing industry, PLM has served as the backbone, streamlining product development and facilitating collaboration across the supply chain. LCE focuses on analyzing the entire life cycle of a product, from raw material extraction to end-of-life disposal, with the aim of minimizing its...
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