What is plm software

Enterprise strategy : PLM lets global organizations work as a single team to design, produce, support, and retire products while capturing best practices and lessons learned along the way. PLM empowers your business to make unified, information-driven decisions at every stage of the product lifecycle.

You need to digitalize: weave a digital thread through ideation, realization, and utilization, and make that digital thread of knowledge a proactive agent in driving your business. With a fully optimized digital enterprise, you are better equipped to initiate or respond to innovation.

Set up a single system of record to support diverse data needs, so that the right people see the right information at the right time and in the right context. Events Resources Contact Global English. Change language to:. Explore Windchill. Arena helps companies design, produce, and deliver high-quality products—fast. If you create complex products and work with dispersed teams and supply chains, Arena can help you speed new product development, eliminate quality issues, and improve profitability.

Arena helps engineering, quality, and manufacturing teams share product information, exchange ideas, and implement changes throughout the entire product lifecycle. Explore Arena.

Learn best practices for integrating the two systems to improve data consistency and quality. Learn how to ensure quality in complex, innovative engineering environments. Learn how to align, plan, deploy, evangelize, expand, and support your digital transformation initiative. View Sessions. What Is PLM? What is PLM? A PLM-enabled framework for discrete manufacturers For discrete manufacturers, the digital thread begins in the engineering department.

Engineering Get Started. IT Get started. Cloud-based product lifecycle management software varies from its on-premise predecessor in that it creates a single source of truth to expedite and improve product development, and track data and processes — all from the cloud. Today's cloud PLM software updates product changes, advancements, and industry compliance as they happen in real-time, allowing for timely collaboration between all departments in the product development process regardless of location.

Most new PLM solutions have adjusted to this need and offer multi-layered communication and process management, allowing different sites, employees, and partners to collaborate seamlessly no matter where they are in the world. It simplifies, organizes, and integrates data, allowing an in-depth view of each manufactured product and how it will be received in the market, maximizing efficiency and profitability in the following areas:.

Maybe it happens in an office, maybe on your drive home or famously it happens in a garage in Silicon Valley. When we think of products we assume that once that idea gets legs, it crystallizes into a design it is later manufactured for the world to see.

In high-level terms there are four stages to a product lifecycle :. Product lifecycle is the progression of a product through these four stages and all of the finer grained processes, including inception, engineering, design, manufacturing, sales and marketing, distribution, service, and disposal.

PLM is the management of that lifecycle, aligning the people, data, processes, and business systems that make their entire product portfolio a success. The PLM process includes the following key elements. PLM brings concurrent capabilities to the table, allowing design, engineering, simulation, marketing, engineering, manufacturing, and tweaks to the entire process to run at the same time.

When a product is in the design and engineering phase, PLM allows changes to happen as the design is being tested. The ability to design in real-time expedites completion of a final product, which in turn quickens time-to-market and eventual profit. Companies often spend up to 25 percent of their revenue on new product development. Companies operating in a high-tech PLM environment can easily deliver innovation, while simultaneously tracking and responding to customer feedback in real-time.

PLM connects BOMs with accurate product definitions, source information, manufacturing data, documentation, and pricing. It's what makes up the product that a company delivers to its customers, and it can include hardware, software, manufacturing data, documentation, pricing, and more. BOM management involves engineering design, design collaboration, sourcing and procurement, and go-to-market strategy. For products to succeed in the market, companies need to make sure that BOM management also incorporates external collaboration with partners, suppliers and sales channels.

BOM management is closely associated with change management since updates can happen between engineering, manufacturing and marketing as a product gets ready for sale. The PLM integration of computer aided design aka CAD systems with BOMs improves processes by synchronizing engineering and non-engineers throughout the design of the product. Moreover, CPG manufacturers are facing shortened product lifecycles and a greater need for innovation to stay competitive. By strengthening collaboration and information sharing , and enabling a single frame of reference to be created, PLM solutions allow companies to capitalize on their knowledge and lay the foundations for innovation.

Company needs will vary depending on size, business sector and their level of digitalization; but regardless of profile, if company projects have stumbled, if team communication has sometimes not been optimal, if you have regulatory requirements to meet or if your costs have risen, then PLM is for you. Aptean therefore has two customized solutions, one for the Cosmetics and Personal Care industry and one for the Food and Beverage industry.

It is crucial that your supplier offers a solution that meets your expectations and business requirements. A PLM solution offers many advantages. In addition to the benefits already mentioned, it improves reliability and product quality , lowers prototyping costs and allows you to identify new development opportunities.

By improving acquired knowledge and information and capitalizing on project feedback, PLM software becomes the backbone of any project. Integrated performance indicators mean that project managers and general management can use the solution to help develop a strategic vision in addition to the operational gains it delivers. It runs on a web-based interface and can be hosted in the cloud. Some features are accessible on mobile devices.

More and more users of tablets and smartphones are accustomed to having user-friendly access to data anywhere and anytime , including work-related data, and these mobility issues are addressed.