Concurrent Engineering Blog

A very often asked question is, what's the difference between PDM and PLM? It is both a long story and a short story all at once. We'll take a look at the key attributes of each system and then look at where the difference between them.

Industry research shows that the root cause of 56% of all errors identified in products and engineering projects are introduced in the requirements phase. So, it’s better to get it right the first time. Mechanical, electrical, and software design is driven by accurate product requirements. However, poor communication of requirements to and across all engineering disciplines are documented to be costly and time consuming:

For companies and manufacturers that need to design, source, produce and distribute products around the world, having single source to manage all the data and processes is essential. Having a PLM system is the way to achieve this; PLM has become important as the single source of truth for managing all aspects of the product from initial development right through to product retirement. But, just implementing PLM is not in itself a business benefit. So, what are the advantages of having a PLM system? Find out below the 7 key PLM business benefits that you should know about? 

A PLM system brings together all your product data, to create a single source of authority. PLM makes it possible to manage a product from initial concept, right through its lifecycle. It allows for all stakeholders to have access to the information they need, to make decisions and create better quality, more cost-efficient products.
As part of any PLM system, there are the essential must have components, which are needed for the system to be fully functional and effective. But in addition to the must have components of PLM solutions there are the extended values. These further increase the capabilities and reach of PLM, to provide a more comprehensive source of authority.

Increasing numbers of manufacturers are utilising PLM solutions, to optimise all aspects of their product development processes. Nevertheless, it can be hard to offer a precise definition of PLM. Yet, to know exactly how PLM can benefit business, it is essential to know what PLM solutions have to offer. Regardless of how PLM is defined, there are the ‘must have’ components, which are vital for any PLM solution to be effective. We’ve put together an overview of the 7 essential components of PLM solutions.

Traditional PLM and product development set-up

So, how are PLM systems changing?

Advantages to closing the loop between engineering and service

• Service professionals have easy access to product-centric data. They are better equipped to answer client queries at the sales stage and beyond, leading to improved consumer experience and more effective service calls.
• Engineers are able to access the data imputed by service professionals, which they have received from the end-user. Engineers are then better able to see how the product is performing with end-users and can gather data on any reoccurring usability issues. It becomes easier for them to locate patterns in product performance and find solutions, should any problems occur.

Windchill came of ages with Windchill 10- a more beautiful version that earlier releases, which allows users to get more value from their use of Windchill. This includes the integration with iPad and iPhone. This means that users can get up-to-date product information, regarless of location.

PTC LIve event is back at the Heritage Motor Centre, Gaydon and is kicked off by Kevin Asridge, UK regional director, PTC. 

Although the definition of PLM will still cause a lot of debate, we believe that there's little doubt about the exact components that make up a successful PLM solution. A PLM solution that lacks even one of these critical capabilities should be questioned as a viable option.

In light of the growing awareness and adoption of PLM, it's interesting to note that while there is a good consensus on the benefits of PLM, there is still some debate on its precise definition.