PLM (Product Lifecycle Management) is a solution that aims to process all the information relating to a product throughout its lifecycle, from its specifications to its withdrawal from the market. This transversal solution includes the technical definition of the product as well as the various processes related to its design, development and industrialization.
Here are 10 reasons that make PLM your most transversal and indispensable tool for your company:
- PLM meets several business needs
With a powerful PLM tool, the limits between business lines are reduced, which brings more readability and collaboration:
- Sharing technical data
- Availability of bills of material common to all trades (manufacturing, design, maintenance, etc.).
- Harmonization of interdisciplinary languages (electronics, mechanics…)
- Management of the purchasing process
- Visibility of quality, environmental and safety standards.
From the idea to the marketing of the product, PLM ensures access to information for all project stakeholders.
- PLM capitalizes on information and know-how
PLM allows you to reuse data, for example, to easily find documents that are part of a similar project and to keep a traceability in all price decisions.
In addition, PLM, which constitutes a strong knowledge base, makes it possible to preserve and ensure a company’s intellectual heritage while promoting the integration of new employees and the capitalization of knowledge. PLM has a transversal role in the company in order to share all the knowledge related to a product or data.
- PLM reduces time to market
In the face of increasing competition, companies are looking for solutions to reduce the costs and time to market of products that have become increasingly complex. Several means or methods exist to optimize certain phases of a product’s life cycle. PLM aims to optimize interactions, particularly in the conception phase. The transversal vision of each of their projects allows them to be more reactive and to better control the costs of each of their projects.
- PLM centralizes, shares and secures information
PLM enables employees to access the right information at the right time, ensuring secure access to data (via platform authentication, management of write and read permissions) and avoiding the need to send documents by email.
- PLM automates processes
PLM enables the homogenization of product development methods: batch processing of daily tasks, updates of reference documents or supplier catalogues, instantaneous distribution of documents and their validation by the various departments.
The implementation of a PLM tool generally leads the company to structure itself around a project approach, around processes that are not necessarily implemented upstream. It is essential to plan, manage and pilot the different steps and resources through a clear and efficient transversal project management.
- PLM reduces product development time
A single repository, optimal lifecycle management and technical data management processes, combined with the automation of multiple tasks, make possible greater responsiveness and timely response to customer demand. PLM modeling helps to limit backtracking and errors.
- PLM improves communication within the company or between partners
PLM allows for greater transversality and collaboration. Indeed, the implementation of PLM responds to a desire to improve communication between the various entities of a group, to facilitate relations between production sites, subcontractors, service providers or customers. PLM is also a transversal tool for the different departments of the company.
- PLM reduces iteration errors
Conception is an essentially iterative process. This means that for each project, there are several versions of the same element. In addition, because designs naturally evolve over time, there is a delay in what you have produced previously. This is a lot to keep in mind, and you don’t want to send the wrong version to production, a costly and time-consuming mistake.
PLM reduces this risk by automatically creating a shared record of all file versions, so that the ready-to-produce file is sent to the production shop.
- PLM reduces human error
Human error represents a huge production cost and is a sure way to extend the life cycle of a product. Without PLM software, there are thousands and thousands of micro-risks that can lead to production stoppages or worse, the manufacture of products that do not meet specifications.
For example, even a small typing error in a manually generated BOM can cause serious problems down the line. PLM software automates many of these common, repetitive manual tasks, reducing the risk of error.
- PLM facilitates innovation and guarantees innovation
The product is born at the design office, 1st user of PLM, which will define the plans, diagrams and other technical data. At the heart of the innovation strategy, these data will necessarily evolve over time and all the other departments in the plant may need to consult them, being sure to always work on the right index.
Good knowledge management throughout an organization requires taking into account its entire value chain: from management to customers, in order to offer a cross-functional view of products to all those who need it. The right information at the right time! This helps to decompartmentalize services, accelerate collaboration and team productivity.
Why the PLM Audros?
Since 1993, Audros PLM specialists have been accompanying you in every step of your PLM project deployment. The acquisition of a PLM software Audros offers all the features expected from a PLM software such as data creation and distribution, process management, document management, management of bills of materials, etc.. It allows a transverse vision of projects.
Nevertheless, Audros Technology has decided to go further by positioning its Audros solution as the central point of the information system of companies. That is to say that thanks to its wide functional scope, as well as possible connectors with other solutions, the PLM software Audros becomes the crossroads of all the information flow of a company.
The PLM software Audros not only meets its function as a product but also provides a strategic vision to companies and a cross-functional vision of projects.
You have a project? Contact us to receive personalized advice and benefit from the expertise of Audros.