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Product Lifecycle Management information

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$51.5K

$159.4K

$197K

How much do product lifecycle management jobs pay per year?

As of Sep 1, 2026, the average yearly pay for product lifecycle management in the United States is $159,405.00, according to ZipRecruiter salary data. Most workers in this role earn between $141,000.00 and $197,000.00 per year, depending on experience, location, and employer.

What is product lifecycle management?

A Product Lifecycle Management (PLM) job focuses on overseeing a product from its initial concept through design, development, manufacturing, and end-of-life. PLM professionals coordinate cross-functional teams, manage product data, and optimize processes to improve efficiency and reduce costs. Their role involves working with engineering, supply chain, marketing, and other departments to ensure seamless product development and lifecycle management. Effective PLM helps companies bring products to market faster while maintaining quality and compliance.

What are the typical day-to-day responsibilities of someone in product lifecycle management?

In a Product Lifecycle Management (PLM) role, your daily responsibilities often include coordinating cross-functional teams, managing product data and documentation, and overseeing the progression of products through their various lifecycle stages from conception to end-of-life. You'll work closely with engineering, marketing, manufacturing, and supply chain teams to ensure timelines, quality standards, and compliance requirements are met. Regular activities may involve tracking project milestones, implementing process improvements, and troubleshooting issues to prevent delays or cost overruns. This collaborative and dynamic environment requires strong attention to detail and proactive problem-solving to ensure successful product outcomes.

What are the key skills and qualifications needed to thrive in product lifecycle management, and why are they important?

To thrive in Product Lifecycle Management, a solid understanding of product development, project management, and cross-functional collaboration is essential, often supported by a background in engineering, business, or supply chain and relevant industry experience. Familiarity with PLM software platforms (such as Siemens Teamcenter, PTC Windchill, or SAP PLM), data analysis tools, and, in some sectors, certifications like PMP or Six Sigma, is highly advantageous. Strong communication, organizational agility, and problem-solving skills set standout professionals apart in this field. These competencies ensure products move efficiently from concept to retirement, maximizing value and maintaining competitiveness in fast-paced markets.

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Product Lifecycle Management jobs near you
Infographic showing various Product Lifecycle Management job openings in the United States as of August 2026, with employment types broken down into 80% Full Time, and 20% Contract. Highlights an 90% In-person, and 10% Remote job distribution, with an average salary of $159,405 per year, or $76.6 per hour.

Analyst - Product Lifecycle Management

Saline, MI • On-site

Toyota Motor Sales, U.S.A., Inc.
Automobile Dealers • 10K+ employees

7.2

Company rating: 7.2 out of 10

Based on 876 frontline employees who took The Breakroom Quiz

24th of 45 rated automakers

People enjoy working here

Good employer

Recommended by students

Learn more about Toyota Motor Sales, U.S.A., Inc.external

Full-time

Medical, Retirement, PTO

This job post has expired today. Applications are no longer accepted.

Job description

Overview
Who we are
Collaborative. Respectful. A place to dream and do. These are just a few words that describe what life is like at Toyota. As one of the world's most admired brands, Toyota is growing and leading the future of mobility through innovative, high-quality solutions designed to enhance lives and delight those we serve. We're looking for talented team members who want to Dream. Do. Grow. with us.
Toyota does not offer support or sponsorship of job applicants for employment-based visas or any other work authorization for this role now or in the future. You must have the right to work in the United States and not require Toyota support or sponsorship for immigration-related employment (e.g., H-1B, O-1, E-3, H-1B1, TN, F-1 OPT, F-1 STEM OPT, F-1 CPT, 'job flexibility benefits' [also known as I-140 or Adjustment of Status portability], etc.) now or in the future. You should not apply for this role if you will require Toyota to assist with immigration support or sponsorship now or in the future.
Who we're looking for
Toyota's Product Profit Lifecycle Management (PPLM) Department is looking for a passionate and highly motivated Senior Analyst.
The primary responsibility of this role is to support full vehicle lifecycle profitability by managing cost and revenue from early concept through production; which includes Cost Planning, Cost Management, and Forecasting functions. It plays a key role in Toyota's transition to enterprise profit-focused operations by delivering financial insights that inform development decisions and our long-term mobility strategy.
Reporting to the Manager of Product Lifecycle Management - Truck & Large SUV, the person in this role will support the PPLM department's objective of end-to-end product profitability management and decision support across the entire vehicle lifecycle.
What you'll be doing
  • Support Product Lifecycle Financial Analysis
    • Support profitability studies for vehicle programs from early concept through production
    • Develop profitability analyses, financial estimates, and business case evaluations
    • Support enterprise cost planning activities for new model programs
    • Coordinate cost planning schedules and milestone deliverables
    • Analyze cost planning activities including target development, cost forecasting, assumptions management, and financial modeling
    • Support executive decision making through financial analysis and reporting
  • Enterprise Target Management (Product Lifecycle Champion - PLC Activity)
    • Support development of vehicle profit targets and enterprise cost targets
    • Monitor target achievement and drive functional recovery actions
    • Support cost reduction activities throughout the product lifecycle
  • Financial Performance & Forecasting
    • Compare Cost Planning, Pricing, Budget, and Actual performance
    • Analyze profitability drivers, cost variances, and financial risks
    • Prepare executive financial reviews and management reporting
    • Develop vehicle profitability forecasts and scenario analysis
  • Cross-functional Program Support
    • Coordinate with Product Management, Design, Manufacturing, Purchasing, Logistics, Sales, and Finance
    • Support cross-functional meetings and project coordination
    • Support program approval milestones and executive reviews
    • Ensure alignment of financial assumptions across stakeholders
  • Process Improvement & Analytics
    • Develop standardized financial tools, templates, and dashboards
    • Improve lifecycle management processes and reporting capabilities
    • Support continuous improvement initiatives
    • Enhance analytical methods and financial systems

What you bring
  • Bachelor's degree (or higher) in Finance, Accounting, Business, Economics, or a related field
  • Experience in Product or Program Finance, Financial Planning & Analysis (FP&A), Strategic Cost/Profit Analysis, or Product Lifecycle Management (PLM)
  • Strong financial modeling, forecasting, business case development, and investment analysis skills
  • Demonstrated ability to analyze complex financial data and translate insights into actionable business recommendations
  • Experience supporting executive-level presentations and communicating financial insights to diverse stakeholders
  • Proven success supporting cross-functional initiatives and collaborating across Product Management, Engineering, Manufacturing, Sales, Logistics, and Finance
  • Advanced Excel skills (e.g., XLOOKUP, PivotTables, financial models) and experience with data visualization tools
  • Ability to manage multiple priorities and thrive in a dynamic, fast-paced environment
  • Ability to travel up to 5% of the time

Added bonus if you have
  • MBA or advanced degree in a related field
  • Project Management experience or certification (i.e., PMP, CAPM)
  • Familiarity with SAP, Tableau, Power BI, or other financial systems
  • Experience with vehicle lifecycle management, cost planning, or manufacturing finance
  • Background in process improvement, standardization, or tool development

What We'll Bring
During your interview process, our team can fill you in on all the details of our industry-leading benefits and career development opportunities. A few highlights include:
  • A work environment built on teamwork, flexibility and respect
  • Professional growth and development programs to help advance your career, as well as tuition reimbursement
  • Team Member Vehicle Purchase Discount
  • Toyota Team Member Lease Vehicle Program (if applicable)
  • Comprehensive health care and wellness plans for your entire family
  • Toyota 401(k) Savings Plan featuring a company match, as well as an annual retirement contribution from Toyota regardless of whether you contribute (if applicable)
  • Paid holidays and paid time off
  • Referral services related to prenatal services, adoption, childcare, schools and more
  • Tax Advantaged Accounts (Health Savings Account, Health Care FSA, Dependent Care FSA)

Belonging at Toyota
Our success begins and ends with our people. We embrace all perspectives and value unique human experiences. Respect for all is our North Star.
Applicants for our positions are considered without regard to race, ethnicity, national origin, sex, sexual orientation, gender identity or expression, age, disability, religion, military or veteran status, or any other characteristics protected by law.
Have a question, need assistance with your application or do you require any special accommodations? Please send an email to talent.acquisition@toyota.com.

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