Product Lifecycle Management Information
Product Life Cycle Management
an informational guide to understanding PLM

Product Life Cycle Management

| Elements of PLM



PLM Solutions

There are many PLM solutions that can be added on to the core technology of PLM. This list is not exhaustive, but here are some examples:


BOM Management
BOM Management provides a single definition of a product by aggregating and connecting all of the information and attributes used to design, manufacture and support that product in a structured, multi-level engineering Bill of Materials ( BOM ).

CAD File Management
CAD File Management provides Electrical and Mechanical CAD integration and design file management for a wide range of commercial CAD applications.

Component & Supplier Management
Component and Supplier Management provides designers with enterprise and supply chain information and comprehensive search capabilities, enabling them to quickly find the optimal part early in the product design process.

Concept Development
Concept Development Solutions help define and analyze all facets of new product concepts prior to entering the product develop process. This helps reduce cycle times and get better products to market faster.

Configuration Management
Configuration Management provides a comprehensive, closed-loop system for managing changes to product configurations and maintaining the functional and physical attributes of a product or system throughout its life.

Design Outsourcing
Design Outsourcing standardizes business processes and data sharing across the extended enterprise. Ensures best practices, streamlines communications and improves overall effectiveness of outsourced initiatives.

Detailed Design
Detailed Design drives the development of detailed design specifications and requirements, as well key documentation for downstream manufacturing.

Document Management
Document Management provides a secure online file repository that ensures all users are accessing a single version of the truth in relation to products, processes and other files.

Engineering Change Management
Engineering Change Management automates, controls and organizes all change requests, assessments, plans and actual changes to a product or system. Users throughout the product lifecycle and extended supply chain have instant visibility into the engineering change order (ECO) process, so everyone is working from the same product record and changes are communicated in real time.

Environmental Compliance
Environmental Compliance mitigates risks, ensures product quality, and automates processes and capture and manages related documentation in a secure, online location.

Fast Fashion
Fast Fashion manages complex apparel-oriented product development processes, enabling companies to deliver quality products in the shortest possible timeframe at market-competitive prices.

Global Product Development
Global Product Development provides powerful product development solutions that enable enterprise organizations to foster collaboration, and connect and collaborate with globally distributed teams.

Lean Product Development
Lean Product Development provides visibility into the engineering process, minimizing waste and maximizing efficiency at every stage in the value and supply chains.

Maintenance & Calibration
Maintenance and Calibration manages maintenance and calibration records for mission-critical tools, gauges and fixtures.

Manufacturing Process Management
Manufacturing Process Management is the process of defining and managing the manufacturing processes used to make parts, assemble final products, and perform inspection.

Manufacturing Process Planning
Manufacturing Process Planning ensures information accuracy and quality for manufacturing processes by providing a reliable, single version of the truth in a secure, online location.

Mechatronics
Mechatronics combines electronic and mechanical engineering and software design with requirements management and systems engineering in a single, unified database.

New Product Introduction
New Product Development and Introduction ( NPDI ) streamlines and automates the NPDI process enabling enterprise organizations to bring better products to market faster while maximizing profitability.

Outsourced Manufacturing
Outsourced Manufacturing tools bridge the gaps between engineering and manufacturing teams created by time, distance, language and other factors, making your outsourced operations more efficient and effective.

Part Traceability
Part Traceability enables traceability to component vendor codes, serial codes and lot codes in as-built and as-maintained configurations.

Portfolio Management
Product Portfolio Management provides tightly synchronized program and product information, maximized resource utilization, and cross-program visibility and decision support throughout the product lifecycle.

Product Analytics
Product Analytics is a product configuration-aware business intelligence solution that provides enterprise organizations with integrated data analysis and drill-down capabilities for root cause analysis.

Product Costing
Product Costing enables enterprise organizations to budget and plan, then track, measure and manage costs against goals throughout the life of a product.

Product Data Management
Product Data Management ( PDM ) enables enterprise organizations to track and manage the creation, change and archival of all information related to a given product, including Computer-aided design ( CAD ) models, drawings, specifications and other associated documents in single, centralized data repository.

Product Engineering
Product Engineering combines BOM structures, product costing, document management and graphical change workflows to enable enterprise organizations to reduce product costs, improve change coordination and develop better products faster.

Product Governance & Compliance
Product Governance and Compliance manages product, substance and material compliance against standards and regulatory requirements.

Product Life cycle Management
Product Life cycle Management (PLM) manages the entire lifecycle of a product from concept creation through design and manufacture, to service and the product end of life. PLM solutions enable organizations of all sizes to develop consistent, repeatable processes that optimize resources, maximize profitability, improve product quality and minimize downtime.

Program Management
Program Management provides comprehensive functionality to reduce project costs, improve profit margins and shorten product development cycles.

Project Management
Project Management provides up-to-the-minute visibility into projects and programs, enabling enterprise organizations to plan and manage resources, mediate risk and maximize profitability.

Quality Planning
Quality Planning provides enterprise organizations with comprehensive tools and processes to manage risk, improve quality and attain environmental, regulatory, safety, medical and other forms of compliance.

Quality Systems
Quality Systems encompasses all of the processes, procedures and resources required to ensure quality management.

Quote Process Management
Quote Process Management is an in-bound solution for configure-to-order and engineer-to-order companies who need to inject engineering business rules and intelligence into the customer order process. Ensures better quotes, repeatable processes and higher profitability on customer projects.

Regulatory Compliance
Regulatory Compliance centralizes compliance information and documentation, making it easier for enterprise organizations to achieve and maintain compliance with environmental, product safety, medical device, FDA, ISO and other processes and standards on a global scale.

Requirements Management
Requirements Management enables users in requirements-driven product development environments to define, develop, capture and incorporate product requirements of all kinds — customer, technical, regulatory, etc. — in a single, dynamic repository.

Risk Management
Risk Management enables enterprise organizations to capture, manage, report and mitigate risks throughout the product lifecycle.

Supplier Corrective Action
Supplier Corrective Action automates and improves collaboration with suppliers, making it easier to manage relationships across a distributed, multi-tiered supplier network

Supply Chain Management
Supply Chain Management automates and improves management, coordination and communication with suppliers, making it easier to manage relationships across a distributed, multi-tiered supplier network .

Systems Engineering
Systems Engineering enables users to define, develop, capture and incorporate product requirements of all kinds — customer, technical, regulatory, etc. — in a single, dynamic repository.

Tooling Management
Tooling Management automates tool and tool crib inventory and maintenance, enabling manufacturers to streamline processes and maximize profitability while improving compliance.

Variants & Options
Engineering Variants and Options provide a highly flexible platform for configure-to-order and engineer-to-order environments, enabling enterprise organizations to reduce administrative costs and simplify complex ECO processes.



Sources:
PTC | www.ptc.com
Aras | www.aras.com