Kurt (Yu) Chen, Research Analyst, Technology Evaluation CentersFrom Kurt (Yu) Chen, Research Analyst, Technology Evaluation CentersAll TechnologyProduct Lifecycle Management: The Increasing Dynamic Between Product Design and Strategic SourcingAnalyst Insight: Product and engineering design focuses more on the technical feasibility of a product, and strategic sourcing works more on the commercial feasibility of materials of the same product. The two together are what product development is about. Product lifecycle management (PLM) comprises the management approach and the technology used to increase the dynamic between the two feasibilities.March 3, 2010Page 1 of 1
