If you were to compare product development to the human body, PLM would be its nervous system. This enables efficient and location-independent collaboration between a manufacturer’s various departments.
Manufacturers use PLM software to increase their productivity, optimize product quality, and reduce the time to market for a new product. Product lifecycle management software, or PLM, manages product development data and helps govern how that data is shared. This bottleneck can detrimentally affect efficiency, product quality, and troubleshooting.ĭata professionals spend more of their time governing, searching, and preparing data than on extracting value.
Workers often struggle to organize data making it difficult to communicate design changes to other team members effectively. Manufacturers often overlook inefficient management of product data. PLM Software: What it is and Why You Need itįrom design to manufacturing, product development is a dynamic process.
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