Basics Of PLM

1. Presented by :
Prescilla G.Pinto

2. Overview
 PLM
 WHY ?
 WHAT ?
 HOW ?
 Key Points and Benefits
 Challenges in Implementing
 Conquer it…

3. Product Lifecycle Management PLM
Real time connection platform across the product life cycle

4. WHY ?
 Poor data/ Information Management
 Slow process of product development
 Extensive cost and time in product innovation
 Issues faced in sourcing or procurement of materials and
suppliers
 Hard to compete and remain at the top in the market
place

5. What ?
 Product centric business approach
 Effective Product management from idea to disposal- reuse
 For services, detail the terms and conditions under which
the service is offered.
 Estimates and identifies product cost at conceptual stage.
 Reduces product launching time
 Avoids duplication or errors at initial stage
 Enhances accessibility to product content and its pathway.

6. 3 Basic phases of product life cycle
Idea
Design Innovation
Manufacturing
Finished Product
Distribution and Sales
Use
Services and
Maintenance
Retire, Dispose
Reuse or
Upcycle
BEGINNING MID LIFE END OF LIFE
PLM connects all 3 phases by managing ,controlling and
monitoring

7. HOW ?
PLM system helps to connect all
systems through common based
software that connects company’s
individual software in every
department.

8. BENEFITS /Key POINTS
 Facilitates and enhances collaboration
 Increases transparency/ enterprise process wide view
 Real time integration
 Reduces cost in development and manufacturing
 Reduces time to market
 Enables quality with increased efficiency and productivity
 Incorporates sustainability
 Flexible and customised

9.  Rigid methods of working
 Lack of Understanding
Challenges faced in implementing PLM…
 Integration of IT system

10. Adapting to
new strategy
Reshaping business
process
How to overcome the challenges?
Connecting
Communicating across teams

11. Thankyou