New PLM products let manufacturers create an information backbone with structured processes and data to spur collaborative innovation.
Accelerating effective innovation in products and packaging is critical to market success. However, many companies are still in the process of creating an information backbone that can support such innovation. Product lifecycle management (PLM) software has long held the potential to act as that backbone, and increasingly, products are arriving ready for use, and not just by the largest companies.
What are some of the challenges PLM must meet to be effective?
1. Usability by many disciplines: PLM is not just for design engineers. Quality, regulatory compliance, sales, marketing, production, logistics, field service, customer call centers, suppliers, and customers might feed data into and pull information from the product lifecycle repository.