I had the chance to talk with Tim Frost of Burner Systems International (BSI) about their adoption of Product Data Management (PDM) to improve engineering and new product development performance.
PLM can help, but compliance requires a multi-pronged approachthat includes strong data gathering, analysis, and docuumentation capabilities (this is where PLM comes in) but also intelligent supply chain relationships and physical validation.
A quick peek into some research on … the use of business intelligence in PLM provides insight on taking advantage of the tremendous amount of product data accumulating in today’s PLM systems. The research discusses how the maturation of manufacturers’ PLM implementations has created a tremendous volume of untapped information that can be leveraged to improve product innovation, product development, and engineering performance. As it has in previous enterprise applications (ERP, CRM, SCM, others), the time has come for manufacturers to tap into their growing information goldmines through the use of business intelligence (BI) tools.