PLM

What is Product Lifecycle Management (PLM)?

With ever increasing pressures on companies to reduce NPI timescales, improve quality and reduce costs PLM is as a strategic driver of any business. PLM helps manufacturers of all sizes to tackle complex processes and synchronise the efforts of distributed teams to consistently create the best possible products, capture greater market share and increase customer satisfaction. The core of PLM is in the creations and central management of all product data and the technology used to access this information and knowledge. PLM as a discipline emerged from tools such as CAD, CAM and PDM, but can be viewed as the integration of these tools with methods, people and the processes through all stages of a products life. Teamcenter and Teamcenter Express are fundamental tools for any company looking at PLM, irrespective of CAD systems.

Benefits of PLM

• Accelerates product launch
• Increases profitable growth
• Reduces manufacturing costs
• Extends lifecycle returns
• Enables re-use of knowledge & best practise
• Scalable solution.