Product Lifecycle Management - Revision history

User at 13:10, 19 January 2023

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User at 17:33, 9 September 2019

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User at 15:23, 9 September 2019

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User at 14:39, 9 September 2019

2019-09-09T14:39:51Z

User: Product lifecycle management, sometimes "product life cycle management", represents an all-encompassing vision for managing all data relating to the design, production, support and ultimate disposal of manufactured goods.

2019-01-06T22:17:28Z

Product lifecycle management, sometimes "product life cycle management", represents an all-encompassing vision for managing all data relating to the design, production, support and ultimate disposal of manufactured goods.

← Older revision		Revision as of 23:02, 7 December 2022
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	[[Enterprise Resource Planning (ERP)]]<br />		[[Enterprise Resource Planning (ERP)]]<br />
	[[Software Development Life Cycle (SDLC)]]<br />		[[Software Development Life Cycle (SDLC)]]<br />
−	~~[[Enterprise Life Cycle]]~~

@@ Line 86: / Line 86: @@
-== Maintaining successful Product Lifecycle Management<ref>Maintaining successful Product Lifecycle Management [https://www.cleverism.com/product-life-cycle-management-guide/ Cleverism]</ref> ==
+== Maintaining Successful Product Lifecycle Management<ref>Maintaining successful Product Lifecycle Management [https://www.cleverism.com/product-life-cycle-management-guide/ Cleverism]</ref> ==
 Every company will have a unique PLM that encompasses all relevant business processes and data. There is no one successful plan that all can follow. But four best practice steps identified and articulated by Accenture come close to ensuring maximum benefit from any PLM process. These are:
 *Create an enterprise wide framework to define PLM capabilities: Here, the company needs to identify what the actual PLM activities are and then re-evaluate existing PLM capabilities. All processes, their applications, relevant metrics and data that follow the product through its lifecycle need to be carefully studied and their effectiveness critically evaluated. This process can help identify any incoherent or disconnected areas and work on streamlining these. This activity can also help ensure that all metrics measure what they should.
@@ Line 136: / Line 136: @@
 *Available in one place : Basically, the PLM knows how the essential device compliance to the company. The device master records in it can capture each and every part, drawing, instruction, process, document, and cost related to the medical devices. This aid and provides your business with a reliable and apparent image that is both centrally situated and easily reached all in a single place.
 *Enhance product quality : The PLM generally make it simple and easy to control and manage all the facts that effect in general product quality. By using the PLM, the manufacturers are capable to execute all the procedures and processes essential to sustain the product quality as well as the customer satisfaction. This is particularly essential for the instances when teams are extending across dissimilar places, to make sure that quality does not cooperate.

← Older revision		Revision as of 17:26, 9 September 2019
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	*Middle of Life (MOL): The middle of life phase is post-manufacturing, when your product is distributed, used, and serviced. At this point, your product is in the hands of the end user. You can collect data on any failures, maintenance rates, and user experience to get information for immediate fixes and future development.		*Middle of Life (MOL): The middle of life phase is post-manufacturing, when your product is distributed, used, and serviced. At this point, your product is in the hands of the end user. You can collect data on any failures, maintenance rates, and user experience to get information for immediate fixes and future development.
	*End of Life (EOL): The end of life phase is the retiring, recycling, or disposing of your product. At this point, the reverse logistics happen for the company. EOL starts when users no longer have a need for the product. At this stage, companies collect information about what parts and materials are still valuable.		*End of Life (EOL): The end of life phase is the retiring, recycling, or disposing of your product. At this point, the reverse logistics happen for the company. EOL starts when users no longer have a need for the product. At this stage, companies collect information about what parts and materials are still valuable.
		+
		+
		+	== Maintaining successful Product Lifecycle Management<ref>Maintaining successful Product Lifecycle Management [https://www.cleverism.com/product-life-cycle-management-guide/ Cleverism]</ref> ==
		+	Every company will have a unique PLM that encompasses all relevant business processes and data. There is no one successful plan that all can follow. But four best practice steps identified and articulated by Accenture come close to ensuring maximum benefit from any PLM process. These are:
		+	*Create an enterprise wide framework to define PLM capabilities: Here, the company needs to identify what the actual PLM activities are and then re-evaluate existing PLM capabilities. All processes, their applications, relevant metrics and data that follow the product through its lifecycle need to be carefully studied and their effectiveness critically evaluated. This process can help identify any incoherent or disconnected areas and work on streamlining these. This activity can also help ensure that all metrics measure what they should.
		+	*Link PLM framework’s capabilities to key corporate and product priorities: Based on the company’s strategic focus, a few relevant metrics should be identified to measure the performance of the product development activities. These should not be linked to the performance of one function or team but to the entire cross functional activity.
		+	*Use the prioritized PLM framework as an investment planning tool: The results gathered from the metrics put in place can feed directly into investment planning activities. Stakeholders can assess this information and make relevant decisions regarding future products and their potential impact.
		+	*Establish a group to own and update the PLM framework and corporate roadmap: To make the PLM and its output a permanent feature in the organization rather than alone project, it is a necessary step to form a special team to work on making the PLM process sustainable and ensure its continued relevance to the organization. This team needs to have complete support from senior management and a sponsor from amongst the executive group.

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-[[File:Product_Lifecycle_Management.png|400px|Product Lifecycle Management]]<br />
+[[File:Product_Lifecycle_Management.png|300px|Product Lifecycle Management]]<br />
@@ Line 80: / Line 80: @@
 == The Product Lifecycle Management Stages<ref>what are the Stages Product Life Cycle Management [https://www.smartsheet.com/product-life-cycle-management Smartsheet]</ref> ==
 Since many companies need to coordinate their resources and people in different places, the processes need to be cohesive if there is a chance at minimizing waste. Cohesiveness also keeps the process product-centric and gives it a better chance of success in the marketplace. Many industry models of PLM are in use today. The one featured below is a compilation of the best and most widespread methods used with the necessary steps annotated. To start, PLM has three overarching stages:
 *Beginning of Life (BOL): The beginning of life phase includes all of the design and manufacturing, which consists of the initial conceptualization and development, and any prototypes built. Initial development has multiple sub-actions that identify all the requirements, concepts, and necessary testing. Regardless of the structure of production, the company must maintain the BOL stage. BOL is your product coming to life, along with its specifications, production process, and supply needs.
@@ Line 96: / Line 95: @@
-== The Role of PLM in the Future Society<ref>The role of PLM in the future society [https://www.researchgate.net/publication/264814281_Product_lifecycle_management_-_From_its_history_to_its_new_role Sergio Terzi et al.] ==
+== The Role of PLM in the Future Society<ref>The role of PLM in the future society [https://www.researchgate.net/publication/264814281_Product_lifecycle_management_-_From_its_history_to_its_new_role Sergio Terzi et al.]</ref> ==
 In the current changing business environment, companies are seeking new ways of providing maximum value to customers and gaining competitive advantage. As a consequence, a stronger focus on product design and the entire PLM has emerged as a critical area for the success of the modern industry. This change in value characteristics is reflected in the Figure below, which emphasises the shift of company attention from the manufacturing phase to the design and middle-end of life stages. The massive investments of the past in just in time, total quality management and total productive maintenance focused on the improvement of product cost, quality and time to market. Nowadays they are no longer sufficient to gain competitive advantage. The focus, today, is on innovation to ensure that the customer obtains holistic satisfaction from the product that goes beyond the traditional definitions of product quality and cost. Issues, such as environment, risk, lifecycle cost and quality of service are also important. Products have changed their meaning and composition. A product is no more a mere artefact to be sold for generating revenue, but a complex system, composed of tangible core (the physical product) and a series of intangible assets like services provided to customers. This corresponds to a definitive shift towards the product-service paradigm, where a product is seen as being a part of the human society. However, the ability of industry to enable such holistic products and supporting services is currently limited by the information gap in the products lifecycle (i.e. the flow of information between the BOL phase and MOL–EOL phases).
@@ Line 104: / Line 103: @@
-== PLM implementation challenges<ref>PLM implementation challenges [https://www.kau.edu.sa/Files/0056854/Researches/58087_28318.pdf KAU]</ref> ==
+== PLM Implementation Challenges<ref>PLM implementation challenges [https://www.kau.edu.sa/Files/0056854/Researches/58087_28318.pdf KAU]</ref> ==
 PLM implementation challenges can be broadly categorized as follows:
-. Preparation of the vision document
+*Preparation of the vision document
-. Gathering employee support for change
+*Gathering employee support for change
-. Software evaluation and selection
+*Software evaluation and selection
-. Implementation management
+*Implementation management
-. Mapping of current process to the features of the selected software system
+*Mapping of current process to the features of the selected software system
-. Identifying customizations and prioritization
+*Identifying customizations and prioritization
-. Legacy data loading into the newly built PLM system
+*Legacy data loading into the newly built PLM system
-. Technical training on PLM software for maintenance
+*Technical training on PLM software for maintenance
-. Hands-on user training on usage of new system.
+*Hands-on user training on usage of new system.
-. Kickoff of new PLM system
+*Kickoff of new PLM system
@@ Line 122: / Line 121: @@
 *Short time to market : The product development can be finished faster. The experienced and skilled design team will work so fast and speed up the transfer of design data to manufacturing. In this situation the moving fast can be important, quicker product development and a short time to market are so essential to stay competitive.
 *Decrease compliance risks : The PLM has the ability to manage a single account of truth for entire product data. This serves to ease fulfillment risks. The cost prevention is the main benefit of product legal fees, recalls, lost productivity and many others.
-Reduce cost : By using the PLM it gives more chances to decrease material as well as production costs. This reduces come from the two sources such as the prototyping and scrap.
+*Reduce cost : By using the PLM it gives more chances to decrease material as well as production costs. This reduces come from the two sources such as the prototyping and scrap.
 *Increase productivity : This is another benefit of using the PLM software. It aids to increase the productivity. Another advantage is that it will work on product development.
 *Excellent data analysis : The PLM is the simple and easy process which involves product organizing or service tools, cycle, workflow and information all through a variety of departments of a company. The process permits for an improved flow and communication between employees, customers, processes and IT tools. The complete documentation is particularly significant when it comes to medical device management. It is because they have a straight association with human beings and the system in order to protect them. The history file of design is recorded from the planning stages via many manufacturing changes of the product.

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-'''Introduction to PLM Development Process'''<ref>[https://en.wikipedia.org/wiki/Product_lifecycle|PLM Development Process - Wikipedia]</ref><br />
+== Definition of Product Lifecycle Management (PLM) ==
 The core of PLM (product lifecycle management) is in the creation and central management of all product data and the technology used to access this information and knowledge. PLM as a discipline emerged from tools such as CAD, CAM and PDM, but can be viewed as the integration of these tools with methods, people and the processes through all stages of a product’s life. It is not just about software technology but is also a business strategy
@@ Line 29: / Line 60: @@
 *Launch
-The reality is however more complex, people and departments cannot perform their tasks in isolation and one activity cannot simply finish and the next activity start. Design is an iterative process, often designs need to be modified due to manufacturing constraints or conflicting requirements. Whether a customer order fits into the time line depends on the industry type and whether the products are for example, built to order, engineered to order, or assembled to order.
+The reality is however more complex, people and departments cannot perform their tasks in isolation and one activity cannot simply finish and the next activity start. Design is an iterative process, often designs need to be modified due to manufacturing constraints or conflicting requirements. Whether a customer order fits into the time line depends on the industry type and whether the products are for example, built to order, engineered to order, or assembled to order.<ref>Introduction to PLM Development Process [https://en.wikipedia.org/wiki/Product_lifecycle Wikipedia]</ref>
-[[File:PLM.png|400px|Product Lifecycle Management]]<br />
+[[File:PLM_Interconnected_Framework.png|400px|PLM Interconnected Framework in the context of major defense systems]]<br />
-source: [https://en.wikipedia.org/wiki/Product_lifecycl |Wikipedia]
+source: Stracon Group
@@ Line 52: / Line 97: @@
 *Product Lifecycle Management Defined [http://www.product-lifecycle-management.info/ PLM]
 *The Business Layer of Product Lifecycle Management (PLM) [https://www.sopheon.com/product-lifecycle-management-plm/ sopheon]

← Older revision		Revision as of 14:39, 9 September 2019
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	[[File:PLM.png\|400px\|Product Lifecycle Management]]<br />		[[File:PLM.png\|400px\|Product Lifecycle Management]]<br />
	source: [https://en.wikipedia.org/wiki/Product_lifecycl \|Wikipedia]		source: [https://en.wikipedia.org/wiki/Product_lifecycl \|Wikipedia]
		+
		+
		+	== PLM & ERP<ref>PLM Vs. ERP [https://www.batchmaster.co.in/blog/a-brief-guide-on-product-lifecycle-management/ BatchMaster]</ref> ==
		+	An ERP and a PLM system go well together, acting as collaborative tools that can communicate with each other and support the various distinct needs of a business. The basic difference between the two interchangeable systems lies in the names; while PLM is product-specific, more focused on the creation of a product or the product line in particular, ERP is enterprise-specific and has a broader scope, which involves gathering information and tracking a business’s resources throughout a year/cycle. PLM focuses on managing the development of the product, while ERP intends to manage the resource planning for production. A PLM system stores the initial product data such as product design, and once it is ready to be produced, the ERP system, integrated with the PLM, comes into play in order to manage the resources. According to a CIM Data report, a PLM—ERP integration across the enterprise can result in:
		+	*75% reduction in terms of time, cost, and efforts associated with entering data from one system to the other.
		+	*75% reduction in the BOM-error cost, since BOMs are created only once and then managed consistently across both the PLM and ERP systems.
		+	*15% reduction in inventory cost, since designers and engineers are aware of which components are already on hand.
		+	*An 8% reduction in scrap generated.
		+	Since PLM manages product development, and ERP aims to manage the resource planning for production, it only makes sense to use these tools in sequential order. But if the sequence is not followed and ERP software is implemented before a PLM, the risk of submitting inaccurate product data to an ERP system, inefficient spending, product recalls, and violating compliance regulations gets high. By integrating ERP software with PLM, the most up-to-date product data is available at any time and can be shared with the necessary departments to ensure accurate financial planning. Thus, both an ERP system, and a PLM system, are critical components in a company’s growth and ability to innovate.

← Older revision		Revision as of 22:17, 6 January 2019
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−	'''~~Content Coming Soon~~'''	+	Product lifecycle management, sometimes "product life cycle management", represents an all-encompassing vision for managing all data relating to the design, production, support and ultimate disposal of manufactured goods. PLM concepts were first introduced where safety and control have been extremely important, notably the aerospace, medical device, military and nuclear industries. These industries originated the discipline of [[Configuration_Management_(CM)\|configuration management (CM)]], which evolved into electronic data management systems (EDMS), which then further evolved to [[Product Data Management (PDM)\|product data management (PDM)]]. Over the last ten years, manufacturers of instrumentation, industrial machinery, consumer electronics, packaged goods and other complex engineered products have discovered the benefits of PLM solutions and are adopting efficient PLM software in increasing numbers.<ref>[http://www.product-lifecycle-management.com/\|Introduction to Product Lifecycle Management]</ref>
		+
		+	'''Introduction to PLM Development Process'''<ref>[https://en.wikipedia.org/wiki/Product_lifecycle\|PLM Development Process - Wikipedia]</ref><br />
		+	The core of PLM (product lifecycle management) is in the creation and central management of all product data and the technology used to access this information and knowledge. PLM as a discipline emerged from tools such as CAD, CAM and PDM, but can be viewed as the integration of these tools with methods, people and the processes through all stages of a product’s life. It is not just about software technology but is also a business strategy
		+
		+	For simplicity the stages described are shown in a traditional sequential engineering workflow ( see figure below). The exact order of event and tasks will vary according to the product and industry in question but the main processes are:
		+	*Conceive
		+	**Specification
		+	**Concept design
		+	*Design
		+	**Validation and analysis (simulation)
		+	**Tool design
		+	*Realise
		+	**Plan manufacturing
		+	**Manufacture
		+	**Build/Assemble
		+	**Test (quality control)
		+	*Service
		+	**Sell and deliver
		+	**Use
		+	**Maintain and support
		+	**Dispose
		+
		+	The major key point events are:
		+	*Order
		+	*Idea
		+	*Kickoff
		+	*Design freeze
		+	*Launch
		+
		+	The reality is however more complex, people and departments cannot perform their tasks in isolation and one activity cannot simply finish and the next activity start. Design is an iterative process, often designs need to be modified due to manufacturing constraints or conflicting requirements. Whether a customer order fits into the time line depends on the industry type and whether the products are for example, built to order, engineered to order, or assembled to order.
		+
		+
		+	[[File:PLM.png\|400px\|Product Lifecycle Management]]<br />
		+	source: [https://en.wikipedia.org/wiki/Product_lifecycl \|Wikipedia]
		+
		+
		+	===References===
		+	<references />
		+
		+
		+	===Further Reading===
		+	*Product Lifecycle Management Defined [http://www.product-lifecycle-management.info/ PLM]
		+	*The Business Layer of Product Lifecycle Management (PLM) [https://www.sopheon.com/product-lifecycle-management-plm/ sopheon]