How to Accelerate Your Products with PLM

It’s no secret that the manufacturing industry is changing and evolving. Product complexity is dramatically increasing, and there’s a more dynamic market of customers whose needs are rapidly changing, and who want smart products with more moving parts.

So what does this mean for manufacturers? Well, it means that there’s an increase in project complexity with different challenges happening concurrently throughout the project lifecycle.

Instead of letting this be a challenge, take control of complex designs and accelerate your product design with Product Lifecycle Management. With PLM, go beyond basic file-sharing and keep product development on track by easily collaborating and keeping everyone on the same page to overcome complex challenges.

Here are a few key features of PLM:

• Streamlined NPI (New Product Introduction)
  • Configure project templates and standardize milestones tasks
• Manage BOMs and Product Changes
  • Share BOM information across your organization in real-time
  • Keep track of product changes with ECR (Engineering Change Request) and ECO (Engineering Change Order) workflows
• Quality Management
  • Automate quality workflows and track and record changes and quality metrics

A recent survey asked 165 manufacturers what common challenges they regularly face – 42% said collaborating with other departments, while 40% said managing their manufacturing processes – sounds like PLM might be the solution, right?

Top performers in Product development are 37% more likely to use PDM or PLM, and report a majority of their people and departments using PLM for better collaboration.

So what’s holding you back? Learn more about how Top Performing companies are utilizing a coordinated strategy between their PDM and PLM.