摘要:AbstractRecently there has been an approach to adopt Product Lifecycle Management (PLM) in different industries. While companies in production sector struggle to maintain their presence in the marketplace, the need for new methodologies and tools has become critical. Adopting PLM varies from business to business and the downside has been determined to be the cost and longevity. Many authors have stated that PLM helps companies regarding innovation and faster product delivery to the market, however, such studies require more time and effort to scientifically provide strong evidence. The overall aim of the study is to investigate the PLM presence in Kosovo and Albania. The research base relies on literature review in reference to PLM relevant importance to the industry, definition, and questioner interviews with companies. The study provides the current self-evaluation of the current state of PLM drivers through statistical means.