Product Life Cycle Management
The rise of PLM
With the global realisation that mega events, like the COVID pandemic, can havetectonic ramifications, businesses are increasingly relying on innovative technology to build resilience and generate growth and create opportunities for expansion. For most forward-thinking companies, this means going beyond lean cost-cutting efficiencies and creating foundational change through product and process innovation practices. To accomplish this, manufacturing businesses around the world are increasingly turning to the Product Lifecycle Management (PLM) platform to support design and development of products for eventual manufacture. First pioneered as the go-to solution for the aviation and automotive manufacturing industries, PLM has since spread its wings to other industries where processes for developing, producing and releasing products can be just as time-consuming and complex.
How important is PLM in product development process
Technology continues to race ahead. Market dynamics and customers are forcing the pace of change with an incessant demand for new products and variants. Businesses that desire a significant market presence or dominance will necessarily have to be first to market. Traditional process businesses that still rely on manual connections and paper trails will face a significant slowdown in their process capability and nimbleness. Business survival demands a high-level of automation across processes. A leading solution in this space is the Siemens Teamcenter PLM, which has been designed to offer integrated solutions that help organizations accelerating growth and innovation.
Connectwell uses a reputed PLM solution.
While there are several PLM solutions available, Connectwell has chosen to employ the tried and tested Siemens Teamcenter PLM solution offers multiple capabilities in a single seamless software solution. By logging into the Teamcenter interface, a Connectwell user can access all the installed and available licensed capabilities for faster goal-achievements, when compared with manual processing businesses. The Teamcenter PLM can positively impact the cost of a product because it offers:
- Improved cycle time
- Better reporting
- Less scrap and rework
- Better product quality
- Better resource utilization
- Improved design
- Better design efficiency Data Security
The PLM cycle in Connectwell.
As part of our vision to keep Connectwell future-ready, the complete process workflow has been intelligently designed - from initiation of product development to final activities like SAP, CRM, Website, Product Configurator and Catalogue update, etc.
Various functionalities of the Connectwell PLM modules.
Workflow builder: Workflows are important to map the different processes of the organization .They reduce cycle time and increases overall efficiency of process. This module helps to build different workflows for different processes. Users are able to access all live process and task of projects with one click.
System engineering: To support Engineering and R&D team, PLM provides modules like Planning, Change management, Product development, etc.
Document Management: This module is used to manage project-related documents in a single location with trackability option.
Structure Manager: This is a BOM manager module mainly used by Designers to manage 2D and 3D cad models of products designed in CAD software. It provides a different stack data in one view.
Impact Analysis: With this function, user is able to see in which assemblies the selected product will be used or with which part it has been referenced.
Processes: This module is used by the Tool manufacturer. It helps respective Tool man facturers to track the progress of different jobs.
Classification: Most of the data can be reused by the Design and Tooling R&D team. Data can be classified and reused. Classification module is working as a single database for all reusable data. It’s a digital library for all reusable resources.