• This Tech-Clarity TV animation explains how companies can combat industry disruption from new, innovative companies and business models in the food and beverage industry by adopting the digital enterprise. It's no secret that companies like Amazon, Blue Apron, HelloFresh, and more are changing the way consumers and consumer packaged goods companies relate. This video shares how companies can become more innovative and agile to compete with these challengers through the value of digitalization, and provides an example of what a digital food and beverage company looks … [ read more ]

    Digitalization in the Food and Beverage Industry (Animation)
  • Join Tech-Clarity's Jim Brown in a lively discussion with Planview NPD Evangelist Carrie Nauyalis discussing how to effectively measure product innovation. The duo will discuss the pitfalls of measuring innovation based on prior performance, the top five measures companies can use to measure innovation capability, and what's needed to get started measuring innovation to improve outcomes.Register for the November 30th webcast now, sponsored by Planview (free of charge, registration required).  … [ read more ]

    Top 5 Metrics to Stop Measuring Innovation in the Rearview Mirror (webcast)
  • Jim Brown will moderate this IEEE webcast featuring Gentherm Director of Engineering Systems Marinko Lazanja and PTC's Senior Director of Product Management Graham Birch. The webcast will share the importance of managing Bills of Material and product structures to avoid common inefficiencies and errors, but also to serve as the digital product backbone for the digital enterprise. The webinar will be an interactive discussion focusing on the things companies should look for when evaluating a solution to support BOM Management, including:Software Requirements (functionality) Service Needs (including … [ read more ]

    Select the Right PLM Solution for BOM Management (webcast)
  • This episode of Tech-Clarity TV explores how food and beverage industry can avoid industry disruption from a new class of competitors, including the likes of Amazon, Blue Apron, HelloFresh, and others. It shares how digitalization can help R&D innovate faster, readily customize products to customer needs, and respond to the market with both agility and quality.This video is part of a series of videos showing how digitalization can help food and beverage companies compete with these innovative, digital industry competitors that are disrupting the status quo.The video series is sponsored by … [ read more ]

    Raising the Bar in R&D with Digitalization and the Digital Enterprise (video)
  • On Tuesday November 21, 2017  please join Christopher Rösner, General Requirements Manager at e.GO mobile AG, Tech-Clarity's Michelle Boucher, and Che Curnew, Senior Technical Sales Specialist at PTC for a discussion on the benefits of a better approach to requirements management. This session will be an interactive interview to share different perspectives and experiences on requirements management. The discussion will include topics such as:How a Requirements Management solution can help your business How to identify specific requirements needs How to select the right solution for your … [ read more ]

    Selecting the Right Requirements Management Solution (webcast)

Successful PLM Programs

Share

Successful PLM Programs: Maximizing Business Value through a Phased PLM Strategy reviews the characteristics of a phased approach for manufacturers to meet their PLM objectives, highlighting some relevant, successful PLM Programs. Please enjoy the free Executive Summary below, or click the report title above to download the full PDF (free of charge, no registration required).

Table of Contents

  • Introduction
  • An Incremental Approach to Strategic Value
  • The PLM Program
  • Potential PLM Projects – Phasing by Business Improvement
  • Potential PLM Projects – Phasing by Organization
  • Unexpected Benefits
  • Launching the PLM Program
  • Recommendations
  • Summary
  • About the Author

Introduction
Product Lifecycle Management (PLM) is a business strategy that is steadily gaining wide acceptance. Companies that took an early adopter approach to PLM are beginning to show significant reductions in new product introduction lead times, benefit from meaningful cost savings and enjoy more profitable products. These companies have adopted best business practices and implemented enabling software tools to make tangible changes in their business. The results from the early pioneers confirm the business value of the PLM concept in helping companies achieve and profit from product innovation.

PLM is rapidly moving from the pioneer stage to more general acceptance. PLM success stories are coming to light from large, multinational companies and from smaller businesses alike. Achievements are being unveiled from companies with large, sophisticated supply chains and from those with less complex landscapes. What is interesting about emerging PLM successes is how different many of the stories are from one another—even those from companies in the same industry. This is because many companies have adopted an incremental approach to implementing PLM and are targeting their projects at solving tangible problems with short-term paybacks for their particular business. This pragmatic approach to achieving value from PLM initiatives—The PLM Program—is providing solid, incremental returns to companies that have adopted it. Companies that have a successful PLM Program have found that in addition to solving real business challenges, their PLM investment has provided a solid platform on which to base additional product and process improvement initiatives.

This white paper introduces the concept of The PLM Program and discusses the characteristics of a successful approach to help manufacturers define their PLM strategy and meet their PLM objectives. The paper also provides some compelling business objectives to consider for early PLM projects or proofs of concept to provide input to the strategic planning process. Finally, the paper highlights some successful PLM Programs initiated by manufacturers that have started down the path to incremental, valuable business improvements on the way to achieving the greater strategic value available from PLM.

Speak Your Mind

*