To take advantage of economies of scale Procter & Gamble, a US brand manufacturer, initiated a Product Life Cycle Management initiative in 2003. Focussing on raw materials purchasing the company set up over 700,000 specifications in its system and, using a mix of tools it developed and PLM software, is set to use the stored information in the system for use with new applications and improve its ability to match packaging materials and artwork to the products it sells in different countries. PLM ...

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3.2.2 Develop product lifecycle &development timing target
5.2.4 Purchase materials & supplies

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