Posts Tagged ‘PLCM’
How Does Your Supply Chain Implement a Platform Life Cycle Management Culture?
Focused on reducing complexity with the intentions of better cost and asset investment management, Platform Life Cycle Management (PLCM) is a management concept that emerged a hundred years ago, but is becoming increasingly applied to supply chains today. Essentially, PLCM involves platform simplification and the standardization of the resulting simplified platform. Standardization cuts down on…
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