subject: Manufacturing 2010: Throttlebusters [print this page] Product life cycle management (PLM) is one such manufacturing initiative; a diverse portfolio of software niches that addresses how to involve cross-functional teams in the design of innovative, collaborative value networks. Manufacturing process management (MPM) is another initiative that deals with the intersection of PLM and the physical manufacturing plant itself, as well as offers opportunities in manufacturing process innovation. The deployment of such improvisational tools will dictate the shape of the manufacturing sector for time to come.