A Three Step Approach to Improve Your PLM ROI
While a professional consultation is best to check your business’s potential ROI gains, many companies can improve PLM ROIs by following the tips below.
4G:PLM
Getting a Positive ROI with PLM Software
In terms of cost, usability, and workflow, choosing a Product Lifecycle Management (PLM) solution for your manufacturing business is a big investment. It’s important to get a positive ROI with PLM software as quickly as possible. Here are some ways successful manufacturing businesses have deployed new PLM solutions.
Why Small Companies are not Implementing PLM
First, I think we agree on a couple of points: 1) There are a very large number of small to meduim sized businesses (SMB) that could benefit from PLM tools, 2) Implementing PLM in a company of any size should only be undertaken if it yields real benefits and 3) To date, penetrating this market has been difficult.
I believe the real barrier to entry does not lie with the SMBs, but with the currently available PLM product offerings and the vendors that supply them.
I quick look at the history of the CAD industry provides some insight. The CAD Industry started in the late 1970s. CAD Systems were very expensive and were exclusively used by very large companies (starting to sound familiar already?)…
4G:PLM – Simple, Powerful and Affordable
SolidPartners, Inc. has an exciting new product to accompany their Activault® system, used by SolidWorks designers worldwide over the past decade. 4G:PLM is a new compact Product Lifecycle Management (PLM) solution specifically developed for small to medium-sized (SMB) manufacturing companies. It is a Master Data Management tool to manage Product Structure (BOM), Approved Manufacturer Lists (AML) and the change process (ECO/ECN). It is a state-of-the-art, enterprise-level PLM solution at a price point within the reach of companies of all sizes.
It is an evolutionary product, developed with a singular focus on addressing user’s needs for managing product data. We say evolutionary, because we’ve tried to learn from the mistakes and missteps of other PDM/PLM vendors. It was built from the ground up from a ‘clean piece of paper’ to enable rapid product development.…
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