Concurrent Engineering Blog

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.

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. 

In my blog on 4th April 2012, I discussed the Free Tutorials available on the PTC Website through the Learning Connector, which provides quick demonstrations of PTC products, along with some tips and techniques.

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.

In manufacturing today, product development processes and profitability are inextricably linked. There is a strong causal relationship, whereby such processes have a direct impact on manufacturers’ ability to generate sustained business growth. Fundamental in today’s global business environment – one that’s characterised by geographically dispersed workgroups, increased competition, and new customer requirements in emerging markets – product development challenges for discrete manufacturers are more complex than ever.

Over the past ten years, more and more manufacturers have deployed Product Lifecycle Management (PLM) solutions to optimise product development and enhance bottom-line performance.