• Dassault Systèmes continues to make significant progress on the 3DExperience vision they laid out 5 years ago. This strategy has seen them transform from a software vendor offering distinct solutions for a variety of functional areas to a company that leads with a strong business transformation message backed up by a platform of solutions. I dropped "PLM" from the title of last year's strategy review. I feel even better about that decision a year later. They now have a broad software suite brought to market as solutions tailored to support key initiatives in the vertical industries they serve. As times goes … [ read more ]

    Dassault Systèmes Strategy 2017+
  • The Finding PLM to Fit Mid-Sized High-Tech Companies ebook explains how smaller companies in the high technology industry find themselves stuck between full-featured Product Lifecycle Management (PLM) systems that feel out of reach and less capable solutions including cloud-based file sharing or very basic data management applications. They know they can’t afford the errors and inefficiency inherent to informal data and process management, but can’t afford a large time, resource, and financial investment to fix their problems. Unfortunately simple solutions like web file sharing, while very attractive, fall … [ read more ]

    Finding PLM to Fit Mid-Sized High-Tech Companies
  • The How-to Guide to Transitioning from 2D CAD to 3D CAD  shares best practices for moving from 2D to 3D. The guide shares the reasons you should consider going from 2D to 3D, common challenges to avoid, and benefits enjoyed by other companies who gone to 3D. The guide then shares advice to make your switch from 2D to 3D CAD a success. The recommendations were developed by analyzing the responses of Top Performing companies and comparing them to Average Performing companies.This eBook is one in a series of three:Transitioning from 2D CAD to 3D CAD Migrating from 3D CAD to a new 3D CAD Adopting … [ read more ]

    Best Practices for Going from 2D to 3D CAD
  • The Reducing Cost of Quality in CPG report shares perspectives from a survey of over 175 CPG companies to determine how Top Performers manage consumer packaged goods quality. The research finds that these leading companies are able to achieve better quality results with lower internal costs. The report analyzes their processes, organizational structures, and enabling technology to determine how they can get better quality results without placing a financial burden on the business.Please enjoy the summary below, or click the report to download a PDF overview (free of charge, no registration … [ read more ]

    Reducing Cost of Quality for Consumer Packaged Goods (survey report)
  • What type of experiences prepare engineering students the best for "real world" industry work? What should new graduates know when they start their first job?Please share your experience, thoughts, and lessons learned in this new survey on the engineering skills gap. We are exploring questions such as, what types of things do you look for in a new graduate? How can engineering colleges and universities improve their curriculum to better prepare students for today's modern products?  What concerns do you have about the future engineering workforce?Developing the future workforce is critical to the … [ read more ]

    What Skills Do You Wish Engineering Graduates Had? (Survey Invite)

Product Portfolio Management in a PLM Strategy


Issue in Focus: Product Portfolio Management in a PLM Strategy – Closing the Loop on Product Planning explores how engineering-centric businesses can take a more closed-loop approach between Product Portfolio Management (PPM) and Product Lifecycle Management (PLM) to extend the value of PPM. Discusses the benefits of closing the loop between theoretical plans and actual progress and results.

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

Table of Contents

  • Introducing the Issue
  • First Things First – Get the Portfolio Right
  • Make it Feasible – Resource Planning
  • Make it Happen – Project Execution
  • Make it worth the Investment – Assess and Monitor Value
  • Close the Loop between Planning and Reality
  • Conclusion
  • Recommendations
  • About the Author

Introducing the Issue

As reported in Tech-Clarity’s Issue in Focus: The ROI of Product Portfolio Management, effective portfolio management can improve both top-line performance and bottom-line profitability. For this reason, manufacturers are increasingly adopting Product Portfolio Management (PPM) solutions to help improve portfolio management and new product development (NPD) execution. A well developed PPM program consists of four primary processes:

  • Select and Maximize Product Portfolio
  • Resource and Enable Pipeline
  • Execute and Manage Project
  • Determine and Monitor Product Value

PPM offers value to any business that needs to align portfolios with business strategy and maximize the investment of limited resources to accomplish their goals. For a manufacturing business, that means developing profitable products. But there are differences even within the manufacturing industries. Most of what has been written is about PPM for consumer goods, but PPM takes on different meaning for other industries. For example, Sandia National Labs is a multi-program engineering and science laboratory operated by Sandia Corporation, a Lockheed Martin Company. “For Sandia Labs, we need an integrated planning process,” explains Sharon Trauth, a Principal Member of Technical Staff for Sandia National Labs. “We need the ability to see what needs to be done, understand how that is funded, and then we need to take action.”

In some industries, such as consumer packaged goods, the connection between the commercial and technical aspects of product development project can be very separate. For other manufacturing industries and companies like Sandia, the tie between the project and the underlying engineering efforts are tightly linked. This paper explores how engineering-centric businesses can take a more closed-loop approach between Product Portfolio Management (PPM) and Product Lifecycle Management (PLM) to extend their benefits by closing the loop between theoretical plans and actual progress and results.

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