Product Life Cycle Management: A Catalyst for Business Transformation
In a rapidly developing manufacturing landscape, companies face pressure to deliver high-quality, customized products quickly while managing supply chain disruptions and shifting market demands. Traditional manual processes, such as local file drives and emails, create delays and operational risks. This eBook highlights how Product Lifecycle Management (PLM) technology addresses these challenges by centralizing product data and automating workflows throughout the product life cycle—from design to production and after-sales support.
Cloud-based PLM systems enable real-time collaboration between engineers, product developers, and suppliers, ensuring teams have access to the latest data. With features like bill of materials (BOM) management, change tracking, and quality control, PLM eliminates inefficiencies, reduces errors, and accelerates time-to-market. The eBook explores how these tools drive innovation, improve product quality, and support agility in a competitive marketplace.
The report also outlines best practices for adopting PLM, emphasizing the importance of shifting from functional silos to product-centric operations. By viewing PLM as a business transformation tool rather than just software, manufacturers can enhance collaboration, increase visibility, and unlock new growth opportunities to stay ahead in an evolving global market.
