Sustainable product life cycle management (SPLCM) is an essential approach through which sustainability principles may be integrated into the design, production, use, and disposal of products. This paper presents the importance of SPLCM in promoting environmental stewardship, economic viability, and social responsibility throughout the product life cycle. Employing life cycle thinking on the part of organizations offers the opportunity to evaluate any environmental and social impacts that emanate from raw materials extraction to end-of-life disposal. The study offers key principles of the SPLCM, such as adopting a circular economy approach, followed by eco-design and green manufacturing, which allow them to evaluate their sustainability performance and opportunities for improvement. It further mentions the barriers that are linked with the implementation of SPLCM, which include the requirement of interdisciplinary collaboration, data availability, and stakeholder engagement. In addition, the paper presents best practices and case studies across various countries and how countries can incorporate SPLM into their operational strategies to meet the goal of net zero.