Purpose: To present a short overview of PLM and its directions including evolution, different phases of PLM and Closed-loop PLM. To describe a new approach in order to improve the closed-loop lifecycle by using production monitoring systems at an early stage of the lifecycle. Monitoring of products in their early life stages in production processes and to use this information for the improvement of the product development and implementation process. Design/methodology/approach: Implementation of a production monitoring system plays an important role in our approach. Sensors that are part of a production monitoring system are sending valuable data from the production to the PLM database where it can be used for production development and analysis. Findings: It is demonstrated that installation of the production monitoring system improved product lifecycle at the beginning of their lifecycle. Feedback from production monitoring systems helps to make better conclusions and quicker decisions in the development phase and gives real-time input to the analysis process. Research limitations/implications: Production monitoring systems improve product lifecycle management in the early stages but do not support the product directly in the other life stages. Decisions can be made only based on this information. Practical implications: Information gathered by production monitoring systems could help to modify the production development and implementation process . Also afterwards the information can be used to identify deviations and mistakes. All this is necessary to fill the gaps in product lifecycle. Originality/value: The proposed installation of production monitoring systems improves new data income to the system that provides better decision making opportunities. Based on this real-time information, it is easier to make changes in the product development phases.
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