Assistant product development manager skills for your resume and career

PLM stands for "product lifecycle management." This process is the management of a product's entire lifecycle, from when the product is first conceived and developed to when the product is sold and, eventually, disposed. A company may use PLM for a variety of reasons, most commonly to reduce the amount of errors in the manufacturing process and to ensure the product is sold more quickly.

Product development is the complete procedure of creating a product from concept until release of the final product. Product development has many stages after which a product is released into the market. Identifying the need, creating the opportunity, conceptualizing a product, and providing a solution, all are different stages of product development.

Product design can be described as a process of imagining, creating, and iterating products that solve user's problems and talk about the specific needs of users in the market. Product design is an engineering disciple and it is the basic design and idea that goes before the mass production of the product.

BOM stands for a bill of materials in design drafting. This list outlines the raw materials, instructions, and components required to manufacture or construct a product or service.

Market research is a collective effort to collect information related to a consumer's needs and wants. It is a systematic approach that involves recording and analysis of both qualitative and quantitative data. Market research helps a business to identify a target market correctly and identify the gaps in potential consumer's expectations.

Technical design is a blueprint or prototype design that explains the technical nature of an intended design and serves as a guide to engineers during the implementation process. It's a preliminary stage before the implementation of designs where engineers take out the time to study the sketch, and be guided on what to do as regards implementation and project delivery.

A overseas vendor normally provides an outsourced part of a supply chain. It is vital that you carefully examine potential countries to trade with and individual vendors in those countries. Understanding shipping costs, trade laws, and critical regulations is a required part of vetting overseas vendors. You must be careful in assessing overseas vendors' reliability, solvency, and commitment to product quality.

Product line is a collection of similar or related products that may be under a single brand manufactured by the same company. It may include different varieties of a specific product of a brand which comes in different categories. In other cases, the product line may differ in some characteristics despite being from the same manufacturer.

A line sheet is a sales tool for product marketing and sales to display important information about a product to potential buyers and retailer partners. It is commonly used by manufacturers, wholesalers, brands, and designers in the fashion industry.