PLM: Evolving tools for an evolving market?

  • Tinham B
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Abstract

The role of innovative product lifecycle management (PLM) systems in bringing good return on investment (ROI) is highlighted. PLM are becoming popular because more manufacturers are choosing to outsource their manufacturing. PLM systems need to be focused on the business and departmental issues and it has to be easy to implement and use. Pure play PLM systems, like those from MatrixOne and Smartteam, are doing a very good job for early adopter SMEs, and providing high cost savings.

Author-supplied keywords

  • Computer aided design
  • Computer software
  • Computer systems
  • Customer satisfaction
  • Investments
  • Life cycle
  • Outsourcing
  • Problem solving
  • Product development
  • Product lifecycle management (PLM)
  • Return on investment (ROI)
  • Revenues
  • SMEs

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Authors

  • B Tinham

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