Product Lifecycle Management Blog: DNA nana Product Lifecycle Management PLM

Agenda What is PLM? Definition Who uses PLM Function of PLM Benefits of PLM

In a dilemma… Mr. White’s company enlarged a lot recently… BUT…he felt extremely troubled…

… So many tough problems… Losing money means losing my life…I don’t want to commit suicide… What should I do? Poor information of our products Hard to communicate within the company Lack of efficiency about information and among departments Hard to update data and products Lack of competition

Don’t worry, Mr. White. We come to save you! Are you kidding me? How can you help me, naïve guys?

PLM Exactly! P L M roduct ifecycle anagement

Create an business idea/ product Deal with initial data Create an business idea/ product brings together the many companies, departments and employees involved with the product's production streamline their activities Compete & gain market share The observation of an item as it moves through the typical stages of development, growth, maturity and decline. Effective product life cycle management brings together the many companies, departments and employees involved with the product's production to streamline their activities, with the ultimate goal of producing a product that outperforms its competitors and is highly profitable. Product Lifecycle Management, or PLM, is a driver of successful product development, and a strategic contributor to business value across the enterprise. PLM helps product manufacturers manage complex, cross-functional processes, coordinating the efforts of distributed teams to consistently and efficiently create the best possible products.

Product lifecycle phrases Middle of life Distribution Use Support Beginning of life End of life Idea generation Design Manufacturing Retire Dispose Reuse Product lifecycle phrases

PLM WHO? Consumer Goods Aerospace & Defense Education Energy Government High Tech Electronics WHO? PLM

Benefits Reduced time to market Increase full price sales Improved product quality and reliability Reduced prototyping costs More accurate and timely request for quote generation Ability to quickly identify potential sales opportunities and revenue contributions Savings through the complete integration of engineering workflows Improved forecasting to reduce material costs Maximize supply chain collaboration Savings through the re-use of original data A framework for product optimization Reduced waste

Faster Marketing Higher Quality Safer product Less errors & waste getting the product to market faster, putting a higher quality product on the market, improving product safety, increasing sales opportunities and reducing errors and waste More sales Less errors & waste

Video PLM http://www.youtube.com/watch?v=EMRSwPxP5c0#t=61 the science of making product Data collection Target business objects Access information techniques Generate workflow

Oh, I think I should learn more about PLM now! My pleasure! Thank you! You did save me! Oh, I think I should learn more about PLM now!

In conclusion… [Who]Every company who wants to increase efficiency by lowering costs and decreasing the time from idea inception to product placement [Why] Increase competitiveness Increase complexity What? Why? Who? [What]The management of an item as it moves through the typical stages of development, growth, maturity and decline. ? How? Thanks! [How]improving dada production and management, interdepartment integration, and streaming of activities.

References http://www.product-lifecycle-management.info/ https://www.youtube.com/watch?v=m8FBc_DORm4 http://www.youtube.com/watch?v=EMRSwPxP5c0#t=61 http://www.product-lifecycle-management.info/what-is-plm/plm-function.html http://en.wikipedia.org/wiki/Product_lifecycle_management