Steps to PLM Success - Integrating best practices, standards will boost PLM returns
By Tony Ouk on Aug 27, 2010
Here is a great article by InTech. In it, Ed Shinouskis explains how a properly executed PLM strategy will offer three benefits:
- A sound PLM integration plan produces positive results and cuts costs.
- PLM makes information transparent with centralized access to product design data.
- Success is dependent on standardization of procedures to eliminate ambiguity.
To summarize, Ed Shinouskis says,
"By taking advantage of existing technology and by building in flexible business processes and solutions, manufacturers, with their integrator partner and PLM software vendor, can infuse more exacting standards into their product life cycles to reduce time to market, cut down on product costs, and increase yields on their new product investment. There are some great innovative product ideas out there, but harnessing them, turning the concept into reality, while streamlining the engineering and manufacturing processes can, at times, bottleneck any manufacturer."
Click here for the full article.