The Analytic- driven Product Lifecycle Management Framework

Nowadays, the manufacturing is facing the critical challenges from various aspects including the trend of moving towards the newera of Industrial 4.0—an analytical and predictive driven production thinking, the Smart Factory, and the concept of the productlifecycle management needs to evolve accordingly. To answer that, this paper proposes the analytic-driven product lifecyclemanagement framework and the associated models to benefit the practitioners and the manufacturers who are planning or in thepursuit of the vision of Smart factory.