ENGINEERING

Open Business Solutions > Solutions > Engineering

Product Data Management - Eliminate product data silos and speed product development.

You’re under pressure to quickly develop new products and meet stringent cost, compliance, and serviceability requirements. But if your product data exists in silos, you have to focus on gathering and validating data instead of developing your next new product.

Product data management (PDM) helps you speed product development by ensuring accurate product data and knowledge transfer—seamlessly captured and shared in a collaborative, distributed environment with version control and secure access through powerful search engines. You’re able to not only capture data but also context, status, relationships, and information. As a result, you’ll gain a single source of the truth about your product data, expedite approvals, and accelerate new product introductions.

PDM capabilities help companies like yours:

• Capture more knowledge
• Reduce the time for awareness of issues from days or weeks to minutes
• Eliminate redundant databases
• Reduce the risk of knowledge flight
• Ensure data consistency and accuracy
• Improve quality and ensure compliance

Enterprise Product Data Management

Product data - the definitions that describe the products, components, and processes to manufacture a product - is at the heart of any Enterprise Resource Planning (ERP) system.

Efficiently and effectively managing this basic information is vital to the planning and execution of the company’s mission because it tells the system’s other applications what they need to know in order to carry out their individual tasks.

Multiple sites can be defined for maintaining product data. Sites can be standalone or linked with one or more warehouses as a manufacturing site. A site can maintain multiple revisions for each item, bill of material, and routing. EPDM provides powerful inquiries, integrated workflow and tools for creating and maintaining product data.

Cost roll-ups can be performed by item/site/revision, with the ability to maintain separate cost roll-ups by warehouse. Engineers and cost accountants can also track the impact of engineering changes on costs. EPDM provides a facility for uploading bills of material from standard CAD formats, greatly reducing the amount of keyboard entry for large bills of material and ensuring accuracy.

Collaboration

Collaborate to develop more new products faster for less.

Once a competitive advantage, collaborative product development is quickly becoming standard operating procedure for forward-thinking companies. Driven by growing customer and consumer expectations, increasing regulatory complexity, and shortened product lifecycles, collaboration is essential to developing successful new products while meeting aggressive cost goals.

PLM Collaboration solution enables seamless integration of people, processes, and data in a synchronous, secure collaborative environment. From simple integration of CAD files with vendors to full-scale integration with enterprise resource planning (ERP), supply chain management (SCM), and PLM systems, you’ll eliminate redundancies and ensure accurate information. As a result, you’ll drive down costs, improve time to market, ensure compliance, and boost product success rates.

PLM Collaboration helps companies like yours:

• Reduce time and cost of redundant data entry
• Improve accuracy and validity of information
• Reduce redundant items and drive volume to approved vendors
• Ensure compliance and product quality
• Increase innovation
• Minimise time to market and improve product success rates

Integrated PLM - Build the optimal product and portfolio mix.

Late product launches or products that don’t meet expectations are a major cause of product failures. With failure rates as high as 40%, many companies are losing research and development (R&D) capacity, wasting sales and marketing dollars, and missing out on customer orders and shelf space. The potential impact to their image and brand equity can be devastating.

Integrated PLM connects product development with R&D applications, giving you real-time visibility so you can focus the best resources on the best opportunities. From requirements validation, project status, and resource allocation to costs and risks, you’ll know at a glance if you need to kill a project early to minimize loss or re-prioritise your resources based on trade-offs and risks. Plus, you’ll eliminate the inefficiency of going to multiple systems for project information.

Integrated PLM solutions have helped companies like yours:

• Reduce time to market by 15 to 70%
• Increase R&D productivity 30 to 60% - Improve on-time launch rates to 98% or greater
• Increase first-time success rates to 85% or greater
• Improve project and product margins