Plural Technology Private Limited
Product Lifecycle Management (PLM) in the Consumer-Packaged Goods (CPG) and Retail sector represents a strategic approach to managing a product’s lifecycle, from conceptualization and development to manufacturing, distribution, and eventual end-of-life. It leverages integrated systems, processes, and data to optimize product creation, quality, compliance, cost management, and market delivery in this fast-paced industry. PLM is especially critical in the CPG and Retail sector, where businesses face evolving consumer trends, complex supply chains, regulatory pressures, and a growing demand for innovation and sustainability.
Accelerating time to shelf
Integrating feedback into product development
Streamlining sourcing and production processes
Ensuring eco-friendly product designs and supply chains
Adapting to rapidly evolving trends
Managing global suppliers and materials
Ensuring product safety and sustainability standards
PLM is a critical enabler for driving efficiency, compliance, and innovation in CPG and retail organizations. It enables organizations streamline product development, reduce time-to-market, ensure regulatory compliance, and create a more sustainable and data-driven approach to managing the lifecycle of consumer products.
