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Product development contributes significantly to the long-term success of a manufacturer. By developing new products, your company stays ahead of its competitors. However, if your product development isn’t running efficiently, you could be spending more money than you’re making.
With Product Lifecycle Management (PLM) software, your team has the opportunity to increase efficiency, value, and success without the hassle of traditional methods. Find out now how you can increase the effectiveness of your product development using PLM and why product lifecycle management is so important for the success of your company.
One of the biggest challenges during a product lifecycle is ensuring that everyone involved always has the right information at the right time. Traditionally, individual departments work separately, which complicates work and causes possible discrepancies. Using PLM software, your workforce can better streamline manufacturing and share knowledge in real time across the company.
Of course, your company benefits from growth. On the other hand, this also creates complex work processes and the individual departments have to work together so that your company stays on schedule. Each department has its own workflows, expertise and unique dynamics, making collaboration increasingly challenging.
Thanks to PLM, your staff can collaborate in real time – regardless of location, department or workflow. This cross-functional collaboration reduces errors, speeds work, and strengthens connectivity within your organization. Technicians can ask sales for order details and communicate with the warehouse team to ensure that all the parts needed are in stock to develop products on time.
Additionally, PLM software allows your team to communicate with customers in real time and reassure them that products are being manufactured exactly to their specifications. When you use visualization and design tools , you develop products together with your team and receive feedback to avoid errors and rework.
Product development goes through several cycles during the conception, design and production phases. This creates many versions with large and small adjustments. There is a great risk that your team will use an outdated version and thereby lose valuable time.
If your team uses PLM software, they always have access to the latest version of a product. A good PLM solution offers structured data so that the traceability of a document is guaranteed and users can also access it on mobile devices. When the correct data is available everywhere, your team’s efficiency and satisfaction increase.
With PRO.FILE, your team has everything they need – from product-centric automation to data management.
Schedule a demo to optimize product development using PLM solution.
