Whatever your definition of ‘product’, every commodity needs to be
defined, developed, produced, supplied and at some point retired.
Whether you are selling plastic toys, aero engines, medical devices or
telecoms services the process from concept to disposal requires careful
management in order to balance the cost-quality-time trinity. For some,
“PLM” is a technology, for others it is a series of business processes
which are supported by information technology.
the years PLM has emerged from the enclaves of engineering teams
managing design definitions to provide broad support for many business
critical processes across multiple industry sectors. The ability to
control, monitor and refine product-related processes is key to
applying strategies such as Lean and Six Sigma. Maintaining a single
source of information, traceable over the lifetime of a product, has a
central role in enabling regulatory compliance and is equally
applicable in healthcare (21CFR) as it is in automotive (ELV) and
electronics (WEEE, RoHS). Managing distributed product teams is
essential in supporting outsourcing and right-shoring supply and cost
The broad spectrum of PLM continues to
expand both in its breadth and depth of coverage. From simultaneous,
virtual design environments to factory integration and after-market
support. It is finding applications in retail and service industries
where products exist only as online transactions.
Cambashi’s combined industry knowledge and many years of experience in the PLM market help provide a measured insight into the application and opportunities for PLM.
Our evaluation of PLM began when it was young. We engaged providers in a discussion about PLM in 2001, through a
debate about how PLM would cope with the restructuring of supply chains to
include outsourced design in a globalized world. The resulting discussion is presented in a series of articles:
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