What is PLM?
PLM is the business activity of managing a company's products all the way across their lifecycles, from the very first idea for a product all the way through until it is retired and disposed of, in the most effective way.
PLM is the activity of managing a product throughout its lifecycle - 'from cradle to grave' - making sure that everything works well with the product and making sure the product makes good money for the company.
(From Making Progress with PLM by John Stark)
The core of PLM is in the creation and central management of all product data and the technology used to access this information and knowledge.
Why PLM?
In traditional manufacturing, companies must address a variety of complex challenges to improve product development: frequent design changes, disparate systems with incompatible data, regulatory compliance, and more. Equally important, interest in global product development is growing dramatically, driving new demands for distributed processes, collaboration, and global data management.
To better compete, successful manufacturing companies are seeking an enterprise solution that solves these product development challenges.
PLM provides the necessary requirements and capabilities companies need to successfully manage information and facilitate communication and collaboration across the entire product lifecycle from idea through retirement. PLM has emerged as the primary means by which to improve product development processes across the value chain to deliver the most business value.
Request a free consultation. Let us help you develop a PLM strategy
Documented Benefits
Minimum PLM Functionality
- Document management, data
vaulting.
- Part classification/group technology for searching and attribute management.
- Product structure (BOM) and configuration management.
- Workflow for getting people interacting with the information.
- Program management, which is not just workflow, but involves managing the product creation, production, and data dissemination process itself.
- Data authoring tools, including computer development tools (such as computer-aided software engineering and enterprise application integration), mechanical CAD, and similar tools applicable to the user organization.
- Support tools for collaboration, visualization, and system administration. These will be more information technology components, such as kernels for data modeling.
- Business applications, such as BOM compare applications, engineering change notification, configuration management, or applications specific to an industry (such as managing electronic signatures for FDA submissions).
Source: CIMdata, Inc.
|
Pro/ENGINEER