A quick peek into some research on … the importance of accessing all product-related information, whether it is stored in a formal system such as Product Data Management (PDM) or not. The report, Issue in Focus: Product Data Accessibility: Getting Value from All of your Product Data, explains the importance for manufacturers to readily retrieve…
Insights
Are There Best Practices for Product Portfolio Management?
A quick peek into some research on … how companies can take a practical path to improve PPM decision-making. I won’t keep you guessing (if you were), there are some VERY good best practices that have been developed by the new product development (NPD) community. The research consists of interviews with three distinguished manufacturers in…
LCA and PLM – Two (Green) Peas in a Pod – Chat with Trayak
I had the chance to talk with … Prashant Jagtap, CEO of Trayak, about designing products for sustainability. Prashant is a veteran of the PLM industry, and he and I had a great discussion about how design for sustainability fits into PLM. This post will share a bit of that discussion as well as a…
Product Cost a Priority? Not now, I’m Busy
I had an opportunity to share ideas and experience about product cost management and product profitability with Eric Hiller. Eric responded to my post on PLM and Product Cost Management (PCM) and we have shared some great dialogue following that. Eric has some great experience in this area and I asked him if he would…
Mechatronics: Driving Product Innovation with Embedded Software
A quick peek into some research on … designing mechatronic products. The research, Tech-Clarity’s Issue in Focus: Systems and Software Driven Innovation: Complexity and Opportunity in the Mechatronic Era covers both sides of the software driven products coin – the complexity it places on engineering and product development teams and the opportunity it offers to…
Advanced PPM – Taking Product Portfolio Decision-Making to the Next Level
A quick peek into some research on … optimizing product portfolios using value optimization to improve decision making. Basic PPM offers the ability to balance, resource enable, and track new product development (NPD) projects. To make better portfolio decisions, the report overviews advanced PPM techniques that help companies choose projects with the highest potential financial…
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