Companies invest in PLM to support the collaborative creation of innovative products that will help them achieve their revenue growth objectives. Investment in PLM is a strategic business investment. It is NOT JUST an IT purchase. When PLM is approached as an IT purchase, the optimization of the product realization process, from concept, through design and manufacturing, to service and end of lifecycle, is often minimized or completely neglected. And, when the process is undervalued, the expected return on the investment is almost always unrealized.
The approach to an enterprise wide collaborative PLM strategy, selection of the supporting infrastructure backbone, and how well that system is implemented influences the total cost of ownership and determines the resulting ROI. Frequently, measuring the ROI is neglected due to the absence of efficient methods to measure productivity and collaboration before and after a PLM implementation. Also ignored is the evaluation of the organization’s practices employed to evolve the system to achieve value. Any gaps will introduce issues that constrain the effectiveness of the implemented PLM strategy and diminish the expected value.
The approach to an enterprise wide collaborative PLM strategy, selection of the supporting infrastructure backbone, and how well that system is implemented influences the total cost of ownership and determines the resulting ROI
Focused on enhancing ROI, Geometric’s PLM Implementation Methodology enables rapid and robust deployment of a flexible enterprise PLM IT backbone after first identifying, measuring and optimizing the underlying product realization processes. Incremental deliveries, driven by a phased approach, result in faster realization of business value. The two elements of Geometric’s PLM Implementation Methodology are:
- Defines the Key Performance Indicators (KPIs) aligned with business objectives and provides tools and templates to build the processes, system landscape and high level design
- Tools and template based, well defined execution process, ensuring reduced total cost of ownership (TCO) after go-live