What does PPLM mean in PHARMACY

Pharmaceutical Product Lifecycle Management (PPLM) is a method of controlling the entire life cycle of a pharmaceutical product in order to maintain its effectiveness and quality. It is a strategic process that includes planning, design, manufacturing, sales, consulting services, and tracking of the product's performance over time.

PPLM ensures that products meet regulatory requirements and offers maximum value to customers by monitoring the products performance over time. This helps to guarantee that customers are purchasing high-quality products with reliable safety standards.

PPLM can be used by pharmaceutical companies as well as other organizations such as food processors and medical manufacturers who produce products with expiration dates or who need to monitor their products throughout their life cycles.

The use of PPLM can provide organizations with clear documentation on how their products have been performing throughout their lifecycles. This information can be used for market research purposes or for predicting future demand for certain products. Additionally, it allows for better decision-making when it comes to production processes such as distributing resources or coping with shortages in raw materials.

Organizations use PPLM by setting up processes that monitor how long each product takes from conception to being sold off the shelf or shipped out for delivery. They also keep track of various metrics related to manufacturing processes like cost per unit or rate at which the product moves through production stages. Lastly they track customer feedback regarding quality assurance and customer service so they can provide better service in the future.