• 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)

Getting Higher Strategic Value out of PLM

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PLM_Maturity_Drives_Big_Business_ThumbThe Getting the Most from PLM – PLM Drives Tangible Business Value eBook is the result of a joint research project between research firm Tech-Clarity and innovation consulting firm Kalypso. We researched over 100 companies to determine how some companies get much higher levels of value from their Product Lifecycle Management implementations. The report shows that leading companies go beyond tactical (yet valuable) cost and efficiency gains to improve innovation and drive higher profit margins and revenue.

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

For the full report, please visit our research partner Kalypso (free of charge, no registration required).

PLM and Business Value

Product lifecycle management (PLM) drives significant business improvements that show up in investor calls and annual reports. PLM implementations enable important improvements, but the value is tactical and limited to improved efficiency and reduced cost. While these are worthwhile improvements (and often pay for the whole initiative), they fail to exploit the full potential of PLM.

PLM can drive innovation, improve differentiation and lead to significant revenue growth. But most PLM implementations fall short of this. Why?

 

PLM_Maturity_Drives_Big_Business_Kalypso_Tech-Clarity

All PLM Initiatives Are Not Equal

This eBook explains how some get the most out of PLM and shares practical tips for how you can drive real business value from PLM in your business.

Most of the companies surveyed report that PLM helped improve their top line and drive higher margins. But some did better than others. To find out why, we looked at the companies that rated themselves the highest on revenue growth, profit margin growth and percent of sales from new products (less than three years old) – the “Top Performers.”

  • Top Performers grew revenue almost twice as much as others while growing profit margins 29 percent more. This is a significant difference on the bottom line.
  • Top Performers also grew revenue from new products more than Others, indicating better innovation and product development performance.

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