![]() ![]() ![]() Importantly, a PLM solution isn’t meant to be used by just one team or department within your company, but all of them. It serves as an organization-wide platform dedicated to the management of design and production data, with additional tools for cross-functional communication, marketing, packaging and compliance. Read on for a thorough deep-dive into the subject and further explanation of how an industry-specific PLM system can help your business unlock critical advantages, make a positive impact on your bottom line and further your organization’s digital transformation.įor starters, let’s define what we mean by PLM software-this variety of solution helps businesses like yours manage the new product development process holistically and makes all pertinent information easily accessible. Of course, we’re referring specifically to PLM software in this instance-but what exactly are these solutions, what purposes do they serve, and how do you best utilize the features they offer? You trust in your company’s highly qualified professionals to perform well in pursuit of this goal, but in today’s competitive manufacturing landscape, purpose-built technology that can give you the extra edge is essential. It isn’t particularly novel-the origin of the idea dates back to the 1980s, when the American Motors Corporation began to employ computer-aided design (CAD) to facilitate innovation-but it remains true that a deliberate and detail-oriented approach at each stage of the process is necessary to achieve optimal results. ![]() That’s why the concept of product lifecycle management (PLM) warrants considerable attention, no matter what sector your company operates in. ![]() Your teams work tirelessly in bringing them from the initial ideation stages to launch and full maturity, and it’s vital for your business’s profitability and longevity that they find success in the market with your target audience. Working in the manufacturing industry, you know that at the end of the day, it’s your products that matter the most. ![]()
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