• This infographic shares the importance of developing a cohesive digital thread when developing formulated products in the consumer packaged goods industry. The digital thread should be driven by customer requirements and incorporate the recipe / formulation, specifications, packaging design, compliance information, claims, cautions, ingredients, labeling, artwork, and more to provide a full view of the product and it's design history. An effective CPG Digital Thread relies on an integrated Product Innovation Platform to connect product data from early in the front end of innovation through development, … [ read more ]

    The CPG Digital Thread (infographic)
  • Join Tech-Clarity's Jim Brown on this webinar sharing  recent survey results from almost 200 Consumer Packaged Goods companies, delving into their quality issue and how top performing CPG companies achieve better quality without suffering from excess internal cost. Learn the process, organizational, and technology approaches that Top Performers leverage to overcome their challenges and drive cost-effective quality. This Business Review Webinars event is brought to you by Dassault Systèmes BIOVIA. Register for the June 20th webcast now (free of charge, registration required). All registrants will … [ read more ]

    Cost Effective Quality in CPG (webcast, survey results)
  • On Thursday June 8, 2017  please join Michelle Boucher as she conducts a live interview with Mark Turner, Technical Manager for Development IT at Alcon, a Novartis Division. They will focus on key topics for medical device companies, including the Case for Quality. During the discussion, Michelle will share research on medical device industry trends. She will also discuss the implications for the Case for Quality and offered advice to efficiently manage regulatory compliance. Throughout the discussion, she will have an interactive conversation with Mark Turner. Mark will reveal how Alcon addresses their … [ read more ]

    Live Interview – Medical Devices: Making the Right Choice — Your Case for Quality
  • This eBook shares survey results analyzing companies' ability to hit new product development (NPD) targets, then offers seven practical tips identified by the research as best practice processes, organization, and technology leveraged by the top performing product developers. The research provides recommendations to companies based on the approaches taken by the Top Performers, those that are able to outperform their competitors in revenue growth, margin expansion, and delivering innovative products to market. Please enjoy the summary below. For the full report, please visit our sponsor Autodesk (free … [ read more ]

    7 Ways to Outperform Your Competitors in NPD (eBook, survey results)
  • Medical Device companies have the opportunity to leverage digitalization and the digital enterprise to develop innovative products and bring them to market quickly. Watch this edition of Tech-Clarity TV to learn about the digitalization opportunity and stay tuned for the rest of the series detailing specific business improvement opportunities including: Digital design Digital design transfer Paperless manufacturing The video shares how medical device manufacturers are embracing digitalization and gaining significant benefits including faster time to market, increased quality, and improved … [ read more ]

    The Digitalization Opportunity for Medical Device Companies (video)

How Top Performers Implement, Operate, and Maintain PLM Integration (survey findings)

Share

plm_integration_thumbHow Top Performers Implement, Operate, and Maintain PLM Integration – Best Practices for Integrating Product Lifecycle Management shares survey results detailing how Top Performers implement their PLM systems. The research uncovers integration challenges and best practices across the PLM Integration Lifecycle, recognizing that implementing integration is only the first step in the process.

Please enjoy the summary below, or click the report to download a PDF overview (free of charge, no registration required).

For the full report, please visit our sponsor, Razorleaf (free of charge, registration required).

Table of Contents

  • plm-integration-lifecycle-frameworkExecutive Overview
  • The Business Value of Integrating PLM
  • When do Companies Begin Integrating?
  • Introducing the PLM Integration Lifecycle
  • Implementation Challenges
  • Operation Challenges
  • Maintenance Challenges
  • Business Impacts
  • Quantifying the Impact
  • Identifying the Top Performers
  • Top Performers Experience Fewer Negative Impacts
  • Top Performers Integrate More
  • Top Performers Integrate with More Advanced Tools
  • Top Performers Integrate with More Advanced Enterprise Applications
  • Top Performers Integrate More PLM Data
  • Top Performers Use More Advanced Integration Techniques
  • Focusing on the Future: The Impact of IoT on PLM Integration
  • Conclusion
  • Recommendations
  • About the Author
  • About the Research
  • Copyright Notice

Executive Overview

Product Lifecycle Management (PLM) helps manufacturers in many ways ranging from operational efficiencies to top-line financial improvement. It improves business performance in multiple dimensions including increased revenue, reduced product cost, and decreased product development cost. But PLM is just one of many systems in the engineering and enterprise software ecosystems, and provides greater value when it shares data and connects workflows with other software. As reported in Product Lifecycle Management Beyond Managing CAD, “Top Performers are much more likely to integrate PLM with a host of other systems.”
We surveyed over 150 companies to understand their PLM integration strategy, processes, and technical enablers in order to understand how proper integration can extend PLM value. The findings indicate that the vast majority of manufacturers view PLM as “Strategic” or “Important.” It also finds that many believe that PLM integration will become even more strategic (and challenging) as IoT initiatives progress.

In order to understand how companies get the most business value from PLM integration, we identified manufacturers that were gaining the largest operational benefit from their PLM implementation, the Top Performers. These leaders achieve significantly better than average PLM business benefits. We analyzed what these companies do differently related to PLM integration in order to offer advice to poorer performing companies. The analysis determines that Top Performers in gaining the benefits from PLM:

  • strategy_by_performance_bandAre more likely to view PLM integration as strategic
  • Integrate PLM to more design tools and more enterprise applications
  • Integrate PLM to more advanced tools and applications
  • Are more able to implement, operate, and maintain PLM integration in an agile, cost-effective way
  • Experience fewer operational issues including:
    • Needing to look for data in multiple systems
    • Duplicate data entry
    • Data inconsistency across systems

We also discovered that these Top Performers take different approaches to integrating PLM, leveraging a variety of techniques but opting toward more advanced, maintainable techniques like a hub and spoke approach. Read on to find out more about PLM integration and what sets the Top Performers apart across the PLM Integration Lifecycle spanning integration implementation, operation, and maintenance.

Conclusion

PLM helps companies improve product innovation, product development, and engineering efficiency and helps enhance communication across the enterprise and the supply chain. Improving PLM integration helps companies achieve the benefits PLM has to offer, making it a highly strategic investment. The level of importance, along with the level of complexity, will only increase as companies move to smarter, more connected products and the IoT.

Top Performers, those that get the most benefits out of their PLM systems, are more likely to view PLM integration as strategic. They integrate more design tools and enterprise applications with PLM, and integrate PLM to more advanced tools and applications. They also integrate more data, including more information that spans the enterprise and the supply chain. The leads us to the conclusion that better PLM integration is simply good business.

Top Performers take different approaches to integrating PLM, employing a variety of tools but more likely including adaptable techniques like a hub and spoke approach that provides benefits across the PLM Integration Lifecycle. The result is that these Top Performing companies are more able to implement, operate, and maintain PLM integration in an agile, cost-effective way and experience less need to look for data in multiple systems, perform less duplicate data entry, and find less data inconsistency across systems.

Recommendations

Based on our experience and the research for this report, Tech-Clarity offers the following recommendations:

  • Manufacturers should integrate PLM with a broader number of enterprise applications and design tools
  • Companies should integrate with more advanced systems, including those that extend beyond Engineering into the enterprise and the supply chain
  • Companies should use a variety of integration techniques depending on the specific solutions and connectivity methods available, leveraging more advanced approaches such as hub and spoke when practical to provide more agility across the PLM Integration Lifecycle
  • Manufacturers should consider outside expertise to fill the PLM integration knowledge gap
  • Companies should focus integration plans and efforts beyond the initial implementation to optimize across the entire PLM Integration Lifecycle

SPEAK YOUR MIND

  1. To any of you that tried to download the full report before I added proper link to the Razorleaf side, please accept my apologies! We try to get it right for you, but sometimes we fall a bit short. It’s updated now.

  2. To get the most out of your IT systems you need them to work together. Product data comes in lots of different formats and are stored in anything from a pdf to a SQL database. In the long run we need to integrate anything from a simple word document, a complex SolidWorks assembly, to a database containing electrical connection data. The only way to do that is to totally abandon the idea of “a Single point of Truth”. The future will be to integrate data. In the same way as the world need to have an Internet of Things we need an Internet of Product Data (IoPD).
    Best regards
    Jeppe Sörensen

    • Thanks for sharing, there are some interesting parallels between IoT and product data – particularly the complexity and varied interrelationships between nodes.

Trackbacks

Speak Your Mind

*