Innovation Meets Compliance
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According to recent statistics from AboutPLM.com, the PLM, or product lifecycle management, consulting services industry has exploded within the last decade. In a one-year period, industry worth jumped from $24 billion to $27 billion. In 2013, the PLM solutions industry is expected to see 7.5% growth, further cementing the sector as a key player in developing businesses for success.
Did you take advantage of the free downloads offered from Integware during 2012? If not, we have collected all of the best for your quick and convenient consumption. Take advantage of these while they are still available and be sure to stay subscribed for many 2013 downloads to come!
PLM is not a new concept. It has expanded well beyond the industries where it started. A question that we at Integware continue to hear from most companies, and in particular the visionaries within companies new to product lifecycle management, is “how do I show the business value of product lifecycle management?”
I’ve had the opportunity to manage a large number of projects over the years from very large to very small and I have often found that the main challenges related to successful enterprise solution delivery are usually not technical. Yes technical obstacles will exist, will need to be overcome and engineering tradeoffs made. But in my experience the major roadblocks to enterprise implementations stem from improper governance, issues related to management of change (by that I mean organizational acceptance and understanding of value) and strategic investment shifts.
This posting describes an approach to PLM implementations when an OOTB approach is not feasible and following this process leads to the characteristics a first rate PLM implementation. The engagement should be run in an agile manner with frequent deliverables that can be signed-off. The deliverables start as light-weight easily refined components of a Paper Prototype (PP) and evolve with feedback to a Demo Prototype (DP) and finally to a Conference Room Pilot Prototype (CRP) that shows the total solution. Each prototype is signed off by the business users. The purpose of the prototype refinement is to gradually transition the user from a paper-based world into an understanding of a PLM-based solution.
Now that spring is here and summer is on the horizon and if you are like me you want to look your best for summer. What does that mean? Usually a diet of some sort, but what do you look for when starting a diet and how am I going to apply that to PLM?
Product Definition Knowledge Management (PDKM) is a solution architecture approach that guides the use of PLM in supporting the full lifecycle of a product. The purpose is to have all the relevant product information in one place, connected to meet business needs, and safe. In other words, PDKM is a single source of the truth. The PDKM solution covers the product definition scientific and engineering information from the earliest research through all the improvements made to the product and its manufacturing process until the end-of-life.
During a recent business trip, I was sitting in an airport café with some colleagues while discussing how to build and manage BOMs. We got some strange looks. Then I mentioned something about exploding the BOM. More strange looks. Nervous glances. Finally, we decided it was best to avoid using the B word in airports. But since you probably know a thing or two about BOMs and PLM (otherwise, uh, why are you reading this?), I'll assume you know what I'm talking about and I can use my normal Nerd-speak of PLM acronyms. (My nickname around the office is "Big Nerd", because I'm six foot four and I think BOMs are interesting).