Why Manufacturing Industry should adopt PLM?

While thinking of any Product the following information is important

1. Part information
2. Specification
3. Relevant project
4. Development stage
5. Relevant Suppliers
6. Relevant Manufacturer
7. Relevant Manufacturing resources
8. Relevant Compliance data
9. Relevant Test Certificates
10. Dependency with other parts
11. Processes
12. Communication

Now If your product includes thousands of parts and multiple projects with similar requirements running in your organization then, Imagine the complexity of information involved

Wouldn’t you like to manage this information in a single system effectively? Thus reuse of parts, shorten supplier finalization, optimum proposal and cost estimation, and so on….Hence less time to market, reduced cost, reduced waste and rework, speeds NPI and improved product quality will gain a competitive edge over competitors.

So now the question is which system takes care of all the requirements above ???

It’s none other then PLM system

Next big revolution that will happen for any Manufacturing industry is Industry 4.0. Without a PLM system the Manufacturing Industry will face huge challenges during transition and will be out of market for sure going forward.

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