Improved collaboration and reporting. PLM systems help improve collaboration worldwide, ensuring that all parties work toward common goals for compliance and sourcing, with traceability and accountability throughout. uring ethical sourcing and social compliance can be daunting—but companies can't afford to ignore it. Most companies can take advantage of PLM's capabilities as a central system for ensuring compliance, which is at the heart of brand protection. And this gets back to the central mission of PLM: developing and furthering your company's brand.