Regulation Implementation Acts to be Established, Detailing Application Procedures
In the realm of modern manufacturing, digitalization has become a cornerstone for progress. At the heart of this digital revolution lies Product Lifecycle Management (PLM), a fundamental tool that ensures ordered data management.
PLM is an essential prerequisite for various digitalization concepts, including Artificial Intelligence (AI), Augmented Reality (AR), Digital Twin, and As-a-service models. By systematically mastering interconnections, industrial performance is significantly improved.
The implementation of PLM provides a unified framework for roles, processes, architectures, and data within a company. This framework fosters collaboration, ensuring relevant information is available, processes are efficiently controlled, and changes are documented. As a result, potential benefits such as error prevention, efficiency gains, secure decisions, quality improvements, and transparency are within reach.
A digital strategy, process, and organizational concept are prerequisites for implementing PLM. In-depth engagement with PLM as a concept, with providers, and implementation (consulting project) is required. PTC, a leading provider, offers resources explaining what PLM is, as well as case studies on companies that have successfully implemented PLM.
While relying on the experience of employees can be an alternative, a company may choose to use PLM instead. This choice is driven by the fact that PLM offers a centralized source of updated product data accessible to all relevant departments. By reducing errors from miscommunication or outdated information, supporting thorough testing early in development, and accelerating time-to-market through workflow automation, PLM improves collaboration and decision-making across teams. This leads to cost savings, better quality, and greater agility than relying on individual experience alone.
The market maturity of PLM is at Reifegrade 4, indicating mature concepts and solutions, high standardization, but also high complexity, intense competitive pressure, and costly decision-making processes. Despite these challenges, the benefits of PLM make it a valuable investment for any forward-thinking manufacturing company.
In conclusion, the implementation of Product Lifecycle Management is a significant step towards digitalization in manufacturing. By embracing PLM, companies can professionalize their teams, processes, and workflows, leading to improved industrial performance and a competitive edge in the digital age.
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