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a Manufacturing Company in 2010 |
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A Vision of PLM in a Manufacturing Company in 2010 shows what PLM is expected to look like in the future. This is a vision of PLM that includes the 5 phases of the product lifecycle : imagine ; define ; realize ; support/use ; and retire/recycle. In this vision, the product is at the heart of PLM, which is recognized as the business activity of managing products across their lifecycles, from cradle to grave. The objective of the PLM business activity is to increase a company's revenues and the value of its product portfolio - making it one of the most interesting business activities for a business executive. A vision of PLM is needed by a manufacturing company so it knows where it is going, and can develop a PLM strategy to get there. The PLM Vision provides a framework in which a company can position new technologies and approaches such as Virtual Engineering, Digital Manufacturing, Collaborative Workspaces and Compliance Management. Without a clear vision, companies can invest heavily in numerous improvement activities, best practice techniques and new technologies, yet still suffer from poorly performing products and development projects that overrun budget and schedule. A Vision of PLM in a Manufacturing Company in 2010 includes a description of why a vision is needed, mentions the difficulties that may arise when developing a PLM Vision, and shows how to overcome them. The proposed vision is very powerful, putting PLM on the corporate agenda as a clearly defined business activity, complementary to ERP (Enterprise Resource Planning). Whereas ERP is focused on achieving best use of enterprise resources, PLM is focused on maximizing the value of current and future products. PLM is focused on the product, and holistically brings together many product-related components such as applications, processes, information, standards, etc. The Vision identifies and describes 12 of these components. These correspond to the main components of the PLM Capability and Maturity Model (PLM-CMM). This vision of PLM builds on, and joins up, technologies and business approaches such as Computer Aided Design (CAD), Product Data Management (PDM), Product Portfolio Management (PPM), Collaborative Product Development (CPD), Technical Publishing, and New Product Development Process Reengineering. Order A Vision of PLM in a Manufacturing Company in 2010 is priced at US$ 550. To order, or to request more details, e-mail John Stark Associates. For details of assistance with developing your company's PLM Vision, e-mail John Stark Associates. |