Product Lifecycle Management Software

12 Key excerpts on "Product Lifecycle Management Software"

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  eBook - PDF

  Factories of the Future

  Technological Advancements in the Manufacturing Industry

  • Chandan Deep Singh, Harleen Kaur(Authors)
  • 2023(Publication Date)
  • Wiley-Scrivener

    (Publisher)

  Product lifecycle management is a holistic approach, like other projects. It has pushed up the demand for a hi-tech manufacturing environment. And the requirement for PLM has increased in the manufacturing sector as products are becoming more complex and require continuous mainte- nance, even after their launch in the market. PLM is a combination of product lifecycle and different system software. In the innovative era, every project demands some type of utility software because there are many steps in creating and marketing a product that involves various departments’ employees and sometimes other industries. Some firms outsource some manufacturing process components, such as designing, etc. Therefore, to maintain the smooth functioning of the product lifecy- cle, software becomes essential for an organization that comprises Product Data Management, Computer-Aided Design, Enterprises Resource Planning, Process modelling, Modelling using UML and system architec- ture, etc. The systems software puts together all the diverse components. It makes the process more straightforward, sorted, and efficient by providing a common platform for all the multiple teams to access all types of ele- ments and perform their jobs effectively. The foremost advantage of PLM software is efficiency. Its every aspect is managed by centralized software and simplifies the process on every step. It has the following advantages: • The primary focus of PLM is to reduce the overall cost and process time of a supply chain from idea generation to deliv- ery in the market. PLM shows the big picture to identify where the expenditure can bring down 0without compro- mising the quality. • PLM provides a centralized communication system that reduces communication errors. Product Life Cycle 241 • Another benefit of PLM software is that it provides a central- ized electronic platform to keep the communication history, documents, and data to reduce the paperwork.

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  Practical E-Manufacturing and Supply Chain Management

  • Gerhard Greeff, Ranjan Ghoshal(Authors)
  • 2004(Publication Date)
  • Newnes

    (Publisher)

  As global enterprises have become more dependent on geographically dispersed teams, and competitive pressures force cost cutting, regularly scheduled face-to-face meetings have become less frequent. The low-powered collaboration tools typically used today, such as e-mail and sharing of design files provide only a basic exchange of information. Without a broader context for the information, remote users are hindered from full understanding of the impact of the design. They are therefore limited in their ideas for design improvements.

  7.2.1 Product life cycle management

  Product life cycle management (PLM) is a comprehensive and integrated suite of software solutions designed to support optimal decision-making during product development. It is the only market solution that uses advanced planning and optimization tools to address the entire product life cycle – from concept development, to launch, to phase out. Product life cycle management maximizes the speed, productivity and the financial return of the product development process.

  Product life cycle management is part of a total strategy to achieve effective and more profitable manufacturing. Manufacturing operations need PLM systems that manage product specifications and recipes, provide production history, create complete product genealogies and track total product quality.

  Product life cycle management addresses effectively selected and managed product development investments and resources, in order to ensure rapid product development speed, high development throughput and high organization efficiency. Product platforms, parts, and suppliers for lowest total product and supply-chain cost are to be defined, based on optimal commonality and effective part/supplier selection.

  Key development and supply activities are coordinated for optimal product launch-timing and investments in new/existing products. This enables the achievement of consistent high-product launch yields, with reduced product development lead-times. It provides enhanced visibility of resource bottlenecks and schedule impact whilst avoiding high part and supplier complexity with too little commonality, and budget over-runs.

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  Enhancing Enterprise Intelligence: Leveraging ERP, CRM, SCM, PLM, BPM, and BI

  • Vivek Kale(Author)
  • 2016(Publication Date)
  • Auerbach Publications

    (Publisher)

  Product Lifecycle Management (PLM) system supports the management of product information by storing and managing it according to many business tools (for example, project management tools, CAD, CAM, etc.). It also allows the management of product design processes (PDPs) (functional analysis, configuration management, change management, etc.) associated with the product, along its entire lifecycle. These PDPs organize the creation, exchange, use, and evolution of product information. In a constantly changing environment industrial companies face an increasingly challenging customer and competitor base. To remain competitive, a company must develop the business agility to enable it to meet customer demands that are increasingly immediate, as well as broader changes in its market environment and its own functioning. To do so, it must adopt diverse approaches to facilitate collaborations and improve product development. Among these approaches, PLM plays an essential role by managing product data in all phases of its lifecycle (design, industrialization, manufacturing, delivery, recycling, etc.) and especially during the product design phase.

  Product Lifecycle Management (PLM)

  Product

  lifecycle management (PLM) can be defined as the business process that the company’s products go through all the way across their lifecycles; from the very first idea for a product all the way through until it is retired and disposed of.

  With PLM, product architecture, the portfolio of products, platform products, product families, and the relationship of a product to other products are all important.

  Whatever the product made by a company, an enormous volume and a variety of product data are needed to develop, produce, and support the product throughout its lifecycle. The scope of information being stored, refined, searched, and shared with PLM has expanded. PLM is a holistic business concept including not only items, documents, and BOMs, but also analysis results, test specifications, environmental component information, quality standards, engineering requirements, change orders, manufacturing procedures, product performance information, component suppliers, and so forth. Modern PLM system capabilities include workflow, program management, and project control features that standardize, automate, and speed up operations. Web-based systems enable companies easily to connect their globally dispersed facilities with each other and with outside enterprises such as suppliers, partners, and even customers. PLM is a collaborative backbone allowing people throughout extended enterprises to work together more effectively.

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  Product Management

  • (Author)
  • 2014(Publication Date)
  • Orange Apple

    (Publisher)

  ____________________ WORLD TECHNOLOGIES ____________________ Product Life Cycle Management A generic lifecycle of products In industry, product lifecycle management ( PLM ) is the process of managing the entire lifecycle of a product from its conception, through design and manufacture, to service and disposal. PLM integrates people, data, processes and business systems and provides a product information backbone for companies and their extended enterprise. 'Product lifecycle management' (PLM) should be distinguished from 'Product life cycle management (marketing)' (PLCM). PLM describes the engineering aspect of a product, from managing descriptions and properties of a product through its development and useful life; whereas, PLCM refers to the commercial management of life of a product in the business market with respect to costs and sales measures. Product lifecycle management is one of the four cornerstones of a corporation's information technology structure. All companies need to manage communications and information with their customers (CRM-Customer Relationship Management), their suppliers (SCM-Supply Chain Management), their resources within the enterprise (ERP- ____________________ WORLD TECHNOLOGIES ____________________ Enterprise Resource Planning) and their planning (SDLC-Systems Development Life Cycle). In addition, manufacturing engineering companies must also develop, describe, manage and communicate information about their products. A form of PLM called people-centric PLM. While traditional PLM tools have been deployed only on release or during the release phase, people-centric PLM targets the design phase.

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  Product Family Engineering and Product Management

  • (Author)
  • 2014(Publication Date)
  • Academic Studio

    (Publisher)

  ________________________ WORLD TECHNOLOGIES ________________________ Product Life Cycle Management A generic lifecycle of products In industry, product lifecycle management ( PLM ) is the process of managing the entire lifecycle of a product from its conception, through design and manufacture, to service and disposal. PLM integrates people, data, processes and business systems and provides a product information backbone for companies and their extended enterprise. 'Product lifecycle management' (PLM) should be distinguished from 'Product life cycle management (marketing)' (PLCM). PLM describes the engineering aspect of a product, from managing descriptions and properties of a product through its development and useful life; whereas, PLCM refers to the commercial management of life of a product in the business market with respect to costs and sales measures. Product lifecycle management is one of the four cornerstones of a corporation's information technology structure. All companies need to manage communications and information with their customers (CRM-Customer Relationship Management), their suppliers (SCM-Supply Chain Management), their resources within the enterprise (ERP- ________________________ WORLD TECHNOLOGIES ________________________ Enterprise Resource Planning) and their planning (SDLC-Systems Development Life Cycle). In addition, manufacturing engineering companies must also develop, describe, manage and communicate information about their products. A form of PLM called people-centric PLM. While traditional PLM tools have been deployed only on release or during the release phase, people-centric PLM targets the design phase.

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  Product Lifecycle Management (PLM)

  A Digital Journey Using Industrial Internet of Things (IIoT)

  • Uthayan Elangovan(Author)
  • 2020(Publication Date)
  • CRC Press

    (Publisher)

  1

  PLM Components

  Product lifecycle management (PLM) is a familiar worldwide expression amongst the different manufacturing markets for the process by which a product moves from design through manufacture into the market. The key objective of PLM is to bring together the details, process other than persons attached with the lifecycle of a product within the enterprise. PLM cares for design data in enhancement to processes, constructs and also similarly regulates the cost of product records and additionally store products in a digital documents data source. PLM helps in recognizing product compliance, automates business process through process streamlining and monitoring. It controls multi-user product collaboration over and above availability, throughout the substantial enterprise. Understanding the different capabilities of PLM modules is a vital activity. Enterprises should be proficient in advanced manufacturing, which requires to integrate PLM system and acquire integrated data throughout the supply chain to achieve success. CAD data along with PLM quickly shares and additionally visualizes product details with essential decision makers in a selection of divisions, from engineering to excellent quality control.

  Execution of a PLM system will unquestionably be unique to each enterprise, there are core PLM fundamentals that will regularly remain similar. PLM can be deemed both as an information strategy and as an enterprise approach. As an information strategy, it builds a meaningful data framework by combining systems. As a venture strategy, it allows global enterprises function as a solitary team to design, build, manufacture, support and obsolescence for products, while recording best lessons and methods discovered in the process. It encourages the enterprise to make combined, information driven choices at every phase in the product lifecycle. While information includes all mediums – digital and other formats, PLM is largely about managing the digital representation of product information. Based upon individual experience for many years, PLM options can sustain a broad series of products. Examples consist of manufactured parts/products, not limited to such as vehicles, computer systems, electrical home appliances, smart phones, and so on. Numerous products today additionally contain software, firmware, on top of digital components whose information should be taken care of. Some enterprises have long-lived possessions that require to be handled such as utility distribution networks, for example, power, telecommunications, oil and gas, and so on. Enterprises across several commercial markets have efficiently used PLM solutions to handle part/product information throughout the lifecycle for every one of the products manufactured.

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  The CIO's Guide to Oracle Products and Solutions

  • Jessica Keyes(Author)
  • 2014(Publication Date)
  • Auerbach Publications

    (Publisher)

  1 1 Agile PLM Oracle’s Agile Product Lifecycle Management (PLM) enables the organi-zation to manage the complete life cycle of a product: from the ideation phase through to recycling and retirement. Most importantly, Agile Product Lifecycle Management focuses on process efficiency, rapid inno-vation, cross-functional collaboration, closed-loop quality control, risk mitigation, and cost effectiveness. As shown in Figure 1.1, Oracle’s PLM product line consists of four components. The core of Oracle’s Agile Product Lifecycle Management solution for the complete product value chain, Oracle’s Agile Product Collaboration, enables the organization to connect globally dispersed product teams, suppliers, and customers in a collaborative environment to accelerate product launches, as shown in Figure 1.2. Its functionality includes the ability to: • Provide secure access to preliminary and released information about any product, part, or document • Gain visibility into pending and released changes and items affected by these changes • Establish automated and streamlined change-management pro-cesses with intelligent workflow • Drive efficient product management across global, multitiered sup-ply chains • Create an environment to manage and control manufacturers and their product content • Synchronize manufacturing systems with the current product record • Simplify project and product management with a single integrated view • Establish best-practice project and resource management capabilities 2 • The CIO's Guide to Oracle Products and Solutions • Enhance decision support with cross-project, multienterprise execu-tive dashboards and portfolio analytics • Accelerate throughput with automated task completion based on product deliverable life cycles WHAT IS PLM? In industry, product life-cycle management (PLM) is the process of manag-ing the entire life cycle of a product from inception, through engineering design and manufacture, to service and disposal of manufactured products.

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  Collaborative Manufacturing

  Using Real-Time Information to Support the Supply Chain

  • Michael McClellan(Author)
  • 2002(Publication Date)
  • CRC Press

    (Publisher)

  65 chapter six Product life-cycle management Product life-cycle management describes software information systems used to manage the information and events associated with a product from con-cept through design through manufacturing through distribution; it also includes user feedback processes. The capabilities of an effective system enable interaction among departments within a company or an extended enterprise of supply chain partners. This category of collaboration currently goes by many names, including product life-cycle management, product chain management, collaborative product commerce, collaborative product development, or collaborative product data management. Sidney Hill, Jr., executive director of MSI Maga-zine (2002), describes this area of collaboration as a class of software and services that use Internet technology to permit individuals to collaboratively develop, build, and manage products throughout the product life cycle. The market is currently very upbeat with major suppliers rapidly grow-ing their product offerings. Current enthusiasm is obvious in this comment by Kevin O’Marah of AMR Research: “The idea of using collaborative tech-nologies to support product development across extended groups of experts is irresistible. It’s too good an idea not to do.” Modern applications of product life-cycle management are built around a closed-loop process that begins with customer requirements information management and concludes with collection and management of customer feedback information to start the process over again. These systems have evolved from early computer-aided design (CAD) and computer-aided engi-neering (CAE) to product data management systems that support and con-nect global network nodes with proactive system tools built around creating, storing, and managing product and process information across the extended enterprise.

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  ERP

  Tools, Techniques, and Applications for Integrating the Supply Chain, Second Edition

  • Carol A Ptak, Eli Schragenheim(Authors)
  • 2003(Publication Date)
  • CRC Press

    (Publisher)

  195 9 PRODUCT LIFE CYCLE MANAGEMENT PRODUCT DESIGN AND DEVELOPMENT Effective product design and development is required to support the strategy of quick response to the market. This overall process has been rolled into Product Life Cycle Management (PLM). The concurrent and collaborative design process dramatically reduces the overall time to market. Concurrent engineering uses various computer tools to aid in the design process. The development and use of these computer tools has evolved quickly during the past few years. More importantly these tools are now enabling collaboration on designs across several links of the supply chain. No longer is it necessary to build physical prototype parts to test for fit and interference. Building physical prototypes is extremely demanding on both time and expense. Complex assemblies can be put together directly on the computer without ever building a physical part through the use of computer-aided design (CAD) systems. The use of an effective Product Data Management (PDM) system facil-itates the design release, distributes the design data to multiple manu-facturing sites, and manages changes to the design in a closed loop fashion. PDM provides the vault infrastructure that controls the design cycle and manages change. Having control of the electronic and physical documents is essential in a fast moving design process. Effective utilization of this design engine can save an organization 15 to 20% in product cost. The innovation engine is powered by a PLM system through the collection of what the organization has learned about what works best in designs and provides insight into best practices in design. Remember that more than 80% of the final cost of the product is committed during the design phase of 196 ERP: Tools, Techniques, and Applications the product. Once the design is locked down there is only relatively small improvement that can be made to reduce product cost.

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  Innovation Management and New Product Development for Engineers, Volume I

  Basic Concepts

  • Rob Dekkers(Author)
  • 2018(Publication Date)
  • Momentum Press

    (Publisher)

  Companies implement this suite of software to support innovations through new product (and service) design, to minimize cost, improve product quality, reduce time-to-market, preserve critical design information, leverage knowledge management capabilities to support business decisions, increase customer satisfaction, and enhance collaboration with suppliers and partners (Dekkers et al. 2013, pp. 323–24). Because these computer-based tools cover a wide range of processes, many companies in the automotive, aerospace, and machinery industries are known to have applied vendor-supplied software for product life-cycle management. The tendency to use vendors for this software, rather than in-house development, is caused by the cost of development being high and requiring specific knowledge to integrate all these different applications into one suite. Hence, the market for product life-cycle management software is expected to grow steadily (Abramovici 2007). The application of product life-cycle management will depend on to what extent it enables workflows by ICT applications and improves overall performance.

  Even though there are many advantages to using software for product life-cycle management, not all of its users achieve the success they had anticipated (Dekkers, Chang, and Kreutzfeldt 2013, pp. 324–25); the implementation of this software is quite challenging for firms. The first challenge of product life-cycle management concerns how firms work together; even if the computer-based tools for product life-cycle management are used, most processes for engineering change management between companies are paper-based, even if exchanged electronically, due to the incompatibility of information systems. For example, in 2007, Alenia Aeronautica of Italy standardized on Teamcenter of Siemens for designing and producing a Boeing 787 Dreamliner fuselage section, while Boeing used CATIA V5; Alenia was not able to resolve specific production problems, leading to major delivery delays for Boeing. Another case is Airbus that adopted the use of product life-cycle management software in 2007, but allowed its French operations to use CATIA V5 and its German operations CATIA V4 software; this resulted in an incompatible wiring design for the Airbus A380, causing a loss of 3 billion U.S. dollars and massive production delays. These examples are merely an indicator that the application strongly depends on the coordination of platforms for product life-cycle management across the supply chains. A second challenge for the product life-cycle concept is the prevailing separation between workflow management and content. It seems that product life-cycle management has not been fully integrated with the stages for product development (see Subsection 2.2.2 ) and other approaches for product and service development, such as concurrent engineering (see Subsections 2.4.6

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  Pharmaceutical Drug Product Development and Process Optimization

  Effective Use of Quality by Design

  • Sarwar Beg, Majed Al Robaian, Mahfoozur Rahman, Syed Sarim Imam, Nabil Alruwaili, Sunil Kumar Panda, Sarwar Beg, Majed Al Robaian, Mahfoozur Rahman, Syed Sarim Imam, Nabil Alruwaili, Sunil Kumar Panda(Authors)
  • 2020(Publication Date)
  • Apple Academic Press

    (Publisher)

  In the whole world pharmaceutical manufacturing field are acquiring more challenges of better product quality with precise schedule delivery requirement for the customer, a good profitability shareholders. Currently, world business competition is going up with require on the process, less order, short life cycles, increase suppliers, increase governmental regulation, and as well as also more material and energy costs. Manufacturers begin a more healthy business due to the new business model such as collaborative manufacturing, to friendly collaborate with their customers, suppliers manufacturers and partners for the most modern competitiveness by holding core competencies throughout the entire product lifecycle (Ming et al., 2008).

  A new strategic business model has introduced in pharma business product lifecycle management (PLM) to support collaborative modeling, management, flow and use of product advantage including data information, knowledge, etc. The all-over enlarged act from concept to end of life-integrating people, process, and technology. The PLM system prominence the management of a case of products, operation, and facility from initial concept, through the plan, engineering, organize, production and use to final allocation. Trade in internal and external, they make a chain and merge products, forecast and process information throughout the whole product value chain among various players. They also goodwill a product–cetric trade solution that unifies product lifecycle by entitling online sharing of product information and business application (Sudarsan et al., 2005; He et al., 2015).

  PLM approve manufacturing organizations to get competitive fierce by building better products in very less time, at a lower price and with lesser defects than ever earlier. The product development and revolution research early governed by the design methodologies that schedule the development process research was more concentrated on management and economics. The being product development and upheaval research were dominated by the design methodologies. In the nineteen nineties, the development of exercise research was more focused on management and economics, e.g., Cooper and Kleinschmidt. Since the nineties, the research was focused again on certain development processes of systems and technologies: microsystems and mechatronics.

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  Manufacturing the Future

  • V. Kordic, A. Lazinica, M. Merdan, V. Kordic, A. Lazinica, M. Merdan(Authors)
  • 2006(Publication Date)
  • IntechOpen

    (Publisher)

  One must keep in mind that electronic communications have their limitations. This method of communicating is very convenient for informing the team members, but it cannot replace a creative dialogue within the team. Engineering Change approval require an intense communication via videoconferencing. Engineering Change Management in Distruted Environment with PDM/PDL Support 765 Requirements modeling Conceptual design 2D/3D modeling and detajling Process planning Manufacturing Distribution Use and maintanence of project Desposal after use NC-programming Engineering product model Order Product development process Product life cycle Figure 5. Ready access to product data and close connection to supply throughout the whole product life cycle is important for EC process (Grabowski, 1993) Comparison and overlapping between PDM/PLM and ERP A database about the building blocks and products with key information about the products is the main part of the ERP (Enterprise Resource Planning). Software usually allows standard monitoring of material management and production planning process. The use of PDM systems was initially limited to technical departments, support to storing and to accessing files, generated dur-ing computer aided design processes. The PDM system later became a tool for management of information on products throughout their lifecycle. PDM (Product Data Management) has been renamed into PLM (Product Lifecycle Management). The physical boundaries of an enterprise are not also a bound-ary to the information flows. The basic PDM systems user functions are: moni-toring the design process and control of later changes, management of prod-ucts structure, classification and project management. The PDM and ERP systems are often overlapping (e.g. products structure) during the engineering change process. A good coordination between the two systems is a pre-requisite for a successful work.

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