Critical Success Factors for PLM
December 26, 2011
In our browsing around for information about product lifecycle management we came across a March 2011 Whitepaper “Six Critical Success Factors for PLM Deployment: What High Tech and Electronics Companies Need to Know to Achieve Success”. While the paper is older it offers some key factors to keep in mind.
The electronics and high tech manufacturing companies face price pressures, rapid change in the market and other requirements while producing products in a timely and innovative manner.
The paper offers an easy to read chart that outlines the six critical success factors they identify: architecture, usability, scalability, security, flexibility and cost-effective extensibility.
These elements should combine to offer:
a PLM system that is able to balance both long-term and short-term business needs.
We agree that these are important factors in deploying a reliable PLM. We have found these same six elements in the PLM applications offered by Inforbix and we understand the differentiating factor is cost-effectiveness.
Constance Ard, December 26, 2011