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Product Life Cycle Management (PLM) in Process Part 2 Process PLM Motivation
This part of the series on Product Life Cycle Management in Process explores the business motivations by review business strategies.

product life cycle  this series, we discussed Product Life Cycle Management as a proven concept in the discrete industries and as a growing concept in process. In this part, we explore the business motivations for PLM in process enterprises by reviewing business strategies. In part three, we will look at requirements for Process PLM decisions. The business strategies reviewed are: Accelerating Time-to-Market Increasing the success rate of new products Increasing the profitability of products Increasing return on assets Read More

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Documents related to » product life cycle


Enabling Product Innovation: The Roles of ERP and PLM in the Product Lifecycle
Companies are turning toward product innovation to achieve revenue growth, but to generate return on an innovation idea, the idea must be fully developed. When

product life cycle  , Life-Cycle Phases , Product Life Cycle Management , Introduction to the Product Life Cycle , Product Life Cycle , Life Cycle Strategies , Product Lifecycle Management Solutions , Get Lifecycle Management Solutions , Product Lifecycle Collaboration , Industry-leading Product Lifecycle , Product Life Cycle Stages , Product Life Cycle Profitability , Product Life Cycle Maturity , Successful Product Lifecycle Management , Product Innovation Lifecycle , Product Life Cycle Saturation , End-of-Life Product Read More
Product Life Cycle Management (PLM) in Process Part 1 Proven in Discrete, Ready to Blossom in Process
Process industry companies could benefit from many of the PLM concepts that have accrued to discrete industries. But PLM has had minimum penetration into the

product life cycle  Blossom in Process Introduction Product Life Cycle Management is a series of business processes, enabled by application software, which has proven to generate business valuein a variety of industries. Discussion with end-user companies reveals a consistent list of benefits including reduced time to market, gains in engineering productivity, increased revenue, increased reuse, reduction of redesign activity and more. A review of vendor web sites supports this conclusion with a number of case studies about Read More
Runaway Product Requirements: Taming the Chaos of Product Management
Product managers have seen their workloads rise exponentially. Their core assignment—setting out clear specifications for product revisions and innovations—has

product life cycle  Product Requirements: Taming the Chaos of Product Management Product managers have seen their workloads rise exponentially. Their core assignment—setting out clear specifications for product revisions and innovations—has grown chaotic. What’s missing is a comprehensive repository of requirements, assignments, analyses, and project status that enables coordinated execution by all of the players involved. Find out how to bring that kind of transparency to your development processes. Read More
Product Vine PLM
ProductVine is a collaborative product and development lifecycle management tool designed to meet the needs of the food and grocery industry. It has Internet

product life cycle  ProductVine is a collaborative product and development lifecycle management tool designed to meet the needs of the food and grocery industry. It has Internet-enabled workflow functionality and provides instant information visibility. Multiple parties can work simultaneously to complete tasks and approve deliverables. It includes the following functional areas: central knowledge repository, project management, workflow management, and supplier information collection. Read More
Why Life Sciences Companies Should Engage on Social Media
While most industries are rapidly adopting social media to engage with customers, the life sciences companies remain typically balk at extending social presence

product life cycle  Life Sciences Companies Should Engage on Social Media While most industries are rapidly adopting social media to engage with customers, the life sciences companies remain typically balk at extending social presence in a highly regulated environment. In view of recent Food and Drug Administration (FDA) guidelines on the responsibilities of life sciences companies monitoring social media, this paper intends to assist life sciences companies in determining the scope and potential impact of creating a Read More
The Product Portfolio Management Benchmark Report: Achieving Maximum Product Value
Products may fail to meet expectations for many reasons—most of which are self-inflicted wounds (such as unclear product definitions) by the company bringing

product life cycle  Product Portfolio Management Benchmark Report: Achieving Maximum Product Value Products may fail to meet expectations for many reasons—most of which are self-inflicted wounds (such as unclear product definitions) by the company bringing them to market. What’s more, politics and inertia all too often win the day when it comes to making difficult product portfolio decisions. What actions can you take to rank among those companies which realize margin advantages of over 50 percent for new products? Read More
CanMap Product Suite
The CanMap Product Suite from DMTI Spatial (DMTI) provides a wide selection of richly detailed location content that is core to deriving location

product life cycle  Product Suite The CanMap Product Suite from DMTI Spatial (DMTI) provides a wide selection of richly detailed location content that is core to deriving location intelligence from mission-critical decision support systems. For more than a decade, DMTI has refined the coverage, maintenance frequency, and overall product quality of the CanMap Product Suite line. Read More
Can Your Product Development Move Closer to Consumers Now?
Half a year ago, I wrote about the need to include customer input in the design process in What Brings Customers Closer to Your Product Development? Recently

product life cycle  Your Product Development Move Closer to Consumers Now? Half a year ago, I wrote about the need to include customer input in the design process in What Brings Customers Closer to Your Product Development? Recently, two pieces of Web content caught my attention and made me revisit this topic. The first one, The Path to Successful New Products , from the recent issue of McKinsey Quarterly, outlined three principles of making product development more successful, amongst which the degree of “[talking] to Read More
The Myths and Realities of Product Development and Outsourcing
Recent years have shown a dramatic boom in outsourced product development, and it seems most companies are changing and adapting this practice. However

product life cycle  Myths and Realities of Product Development and Outsourcing Recent years have shown a dramatic boom in outsourced product development, and it seems most companies are changing and adapting this practice. However, companies should be wary of some of the false promises and myths of outsourcing. Many outsourcing firms, especially product development firms, can be misleading in their promises. Discover the myths and realities of product development outsourcing. Read More
Life-sciences E-commerce Supplier Grows
Chemdex is a provider of business-to-business procurement for the life sciences industry. Leveraging the strength of its recent IPO, the company is expanding

product life cycle  for the less specialized product lines offered by Ariba and Concur, while relatively few transactions are likely to go the other way. Even so, with 75 percent of Chemdex revenues ($11 million in the nine months ending in September 1999, with $8 million from the last quarter) derived from only four customers, relatively small additions to the Chemdex customer base could be highly significant to the company. Read More
Dematic Selects aPriori for Product Cost Management
Dematic, a supplier of automated warehouse logistics and material handling systems, selected aPriori to control new product costs by providing real-time insight

product life cycle  Selects aPriori for Product Cost Management Dematic , a supplier of automated warehouse logistics and material handling systems, selected aPriori to control new product costs by providing real-time insight to cost projections in design and sourcing.   Dematic designs, builds, and supports logistics solutions that optimize material and information flow, from receiving to shipping. A typical Dematic solution is built around process improvements, material handling technology, and software, whereby Read More
Enterprise Mobility in Life Sciences: Responding to Change and Transforming Healthcare Delivery
Life sciences enterprises are undergoing tremendous change on a number of fronts. Healthcare-related organizations involved in the life sciences industry are

product life cycle  Mobility in Life Sciences: Responding to Change and Transforming Healthcare Delivery Life sciences enterprises are undergoing tremendous change on a number of fronts. Healthcare-related organizations involved in the life sciences industry are challenged more than ever with providing and ensuring continuous and effective supply and delivery of services, drugs, and equipment, and improving the quality of patient care. See how mobile technologies can help life sciences companies address today's Read More
Life Science Products Selects abas ERP
Life Science Products (LSP) recently selected abas-USA as its enterprise resource planning (ERP) provider to replace its existing outdated Navision ERP system

product life cycle  Science Products Selects abas ERP Life Science Products (LSP) recently selected abas-USA as its enterprise resource planning (ERP) provider. LSP is a manufacturing and distribution company in the biomedical and pharmaceutical industry, specializing in construction products and services (floors, walls, ceiling, and wall protection), safety supplies and personal protective equipment (PPE).   The company’s existing outdated Navision ERP system (what is today Microsoft Dynamics NAV ) was no longer Read More

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