PLM Emerging as Backbone of Industry

April 2, 2012

As every company with a product to manufacture knows it is getting harder to remain competitive with advancing technology yet still keep costs down to a minimum.  The only solution is to streamline processes as much as possible, also known as product lifecycle management (PLM).  A recent article, “PLM and MES: From Development to Production and Back Again“, on Hannover Messe’s website explains the predicament in which many companies are finding themselves and the reason PLM is the only logical solution.

“Global competition and shorter innovation cycles require many manufacturing companies to square the circle: time-to-market and costs are supposed to decline, and the quality of products and planning is to improve. This can no longer happen without the digitalization of operational processes and a comprehensive integration of all processes and data: basic information such as manufacturing and assembly data must be available from product development to avoid errors in manufacturing…Product Lifecycle Management (PLM) is increasingly becoming the data backbone of industry…”

There are many options in PLM software and platform providers but the leaders are those providers with cloud based solutions who also have proven data management solutions.  Inforbix, a smaller provider specializing in customized platforms for their clients, work on the belief that all users of a PLM system should be able to find, share, and reuse product data without a background in IT.  By choosing a provider as knowledgeable as Inforbix small to mid-sized companies can rest assured that all waste will be eliminated keeping them competitive in the global marketplace.

Catherine Lamsfuss, April 2, 2012

 

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