How can PHP developers effectively utilize PHPStorm for code snippet management?

PHP developers can effectively utilize PHPStorm for code snippet management by creating custom code templates. This allows developers to quickly insert commonly used code snippets by typing a predefined abbreviation and pressing Tab. This can save time and increase productivity when working on PHP projects.

// Example of creating a custom code template in PHPStorm for a foreach loop

foreach ($array as $key => $value) {
    // code to be executed
}