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  Home > Solutions > Product Lifecycle Management

Solutions - Product Lifecycle Management

A PLM initiative is targeted at systemically improving Engineering Operations (a core competency) to increase competitive advantage. The objective being to drive revenue in to the business and better enable the sales and marketing functions – the other most important core competency.

A PLM initiative can affect changes to the following processes:

  • Proposal Engineering (for ETO products)
  • Requirements Management
  • Design Engineering
  • Design Validation
  • Manufacturing Engineering
  • Release to Manufacturing
  • Serviceability Engineering
  • Product Launch
  • Integration to Outsource Manufacturer Processes
  • Integration to Preferred Supplier’s Processes
  • Integration to Preferred Customer’s Processes
  • Global Sourcing

The reengineering and automation work that is typically conducted in each of the process activities listed above will drive changes to the following:

  • Policy & Procedure
  • Job Descriptions and perhaps Organizational Structures
  • Management & Measurement Techniques
  • Values & Beliefs
  • Related Technologies i.e., PDM, CAD, CAE, KBE, ERP,
  • Vendor/Customer Portals,
  • Project Management tools and Time Reporting systems

Now then, the question is which type initiative is best suited for you; PDM, CPC or PLM? The answer depends upon several key factors including but not limited to the following:

  • Strategic Objectives
  • State of the Art in your Product Development Practice
  • Financial Wherewithal
  • Your real ability to support the initiative

Many organizations start out with a PDM initiative, move to CPC in subsequent phases and eventually attack the PLM initiative. Note: The largest return on investment will be secured through a PLM initiative. The important thing to remember is that PDM is a technology initiative, CPC is a technology/process integration initiative and PLM is a process initiative whose process designs are better enabled through the use of PDM, CPC, CAD, KBE, ERP and web based tools.