Product lifecycle management (PLM) is one of the ways to help manufacturing businesses gain a competitive edge in today's fast-paced manufacturing industry by constantly finding ways to improve their products. You can manage PLM more easily by using Viindoo software. In this article, I will introduce to you how Viindoo software helps in product lifecycle management.
What is PLM?
In industry, product lifecycle management (PLM) is the process of managing the entire lifecycle of a product from its inception through the engineering, design and manufacture, as well as the service and disposal of manufactured products. PLM integrates people, data, processes, and business systems and provides a product information backbone for companies and their extended enterprises.
Why Manufacturers need PLM?
Not all manufacturing companies need PLM, but for specialized industries such as mechanical, fashion, etc, PLM is essential. In these sectors, PLM is a critical part of the production process, offering significant value for ensuring product quality, production efficiency.
Optimization of production processes
Product lifecycle management helps optimize production processes by defining the necessary steps and workflow for manufacturing a product. This increases productivity, reduces production time, and optimizes resource utilization. Also, PLM facilitates the basis for collaboration among different departments, such as engineering, manufacturing, and quality control. It allows teams to work together more effectively by sharing information and communicating changes in real-time.
Improved product quality
Product lifecycle management ensures product quality by applying quality control processes from the design stage to the production stage. This includes monitoring and evaluating quality, checking and verifying technical requirements, and performing quality inspections and tests.
Faster Time-to-Market
By streamlining product development processes and improving collaboration, PLM can help manufacturers reduce the time it takes to bring a product to market. This competitive advantage is crucial in fast-paced industries.
Cost Reduction
PLM helps identify inefficiencies in product development and manufacturing processes, allowing manufacturers to optimize resource allocation and reduce costs associated with rework, scrap, and delays.
PLM in Viindoo Software
What's the difference?
- Not only PLM software, but also an ERP suite: Viindoo PLM is part of the larger Viindoo ERP suite, which includes various business applications like Inventory, Manufacturing, Sales, Accounting, Human Resource, etc. This integration ensures:
- seamless data flow from BoM versions to the manufacturing process.
- keep control and track every change with comprehensive planned and actual data.
- reduce the need for manual data entry and minimize errors.
- ensure information transfer and collaboration across your entire organization in real-time.
- Full features needed for PLM management
- BoM versioning management
- Routing versioning management
- Engineering change order management
- Approval workflow
- BoM Version Difference
- Bulk BoM Updates
- Notification and alerts
- ...
- User-friendly and easy-to-use: intuitive and user-friendly interface, making it easier for users to navigate and utilize the PLM functionalities without extensive training.
Product version management
Viindoo's PLM system provides advanced version control features with efficient diff and merge capabilities. It aligns all departments on the same documents, allowing users to track changes across multiple versions efficiently. Users can work on different versions of the same BoM in parallel and apply only the necessary changes:
- BoM Management: Easily revise and create BoMs.
- Version Control: Work on multiple versions of BoMs simultaneously.
- Change Management: Track and transparent changes effectively.
- Cost Configuration: Configure product costs based on raw materials, labor, and other expenses.
Engineering changes order management
Viindoo PLM provides a streamlined process for managing engineering changes, ensuring that every modification is tracked and communicated effectively. This contributes significantly to maintaining quality standards and improving oversight:
- Seamless Integration: Works effortlessly with other business management tools to improve interdepartmental communication.
- Efficient Change Management: Facilitates communication through various platforms, ensuring all engineering changes are tracked effectively.
- Quality Management Support: Offers comprehensive oversight of engineering change orders to maintain high-quality standards.
- Streamlined Approval Process: Enables teams to manage engineering change approvals efficiently, enhancing coordination and control over the product life cycle.
>>> See more: Engineering change order in Viindoo software
Real-time Collaboration
With viindoo's PLM system, team members can collaborate in real-time, regardless of their location. This makes it possible for members to have information about changes at any time and apply the latest product version quickly.
For example: During the production process, the company's leadership sets a raw material norm to produce the same type of product. From this point forward, production orders need to use the new bill of materials. Viindoo software allows for instant updates at the time, so factories can apply immediately.
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FAQs
PLM in Viindoo software supports collaboration among teams by providing a centralized platform for sharing information, documents, and tasks. It allows cross-functional teams to work together, collaborate on design and development, track project progress, and communicate effectively. The software enables real-time collaboration, document version control, and task assignment, ensuring seamless teamwork throughout the product lifecycle.
Viindoo enables efficient management of product changes, including engineering change orders (ECOs), version control, and configuration management to ensure the integrity and traceability of product revisions.
Conclusion
In conclusion, PLM software can bring numerous benefits to manufacturing companies, including streamlined product development process, improved product quality, and cost savings. With Viindoo's PLM software, companies can take their product development process to the next level and stay ahead of the competition. So if you're a manufacturing company looking to improve your processes and achieve your business goals, consider implementing PLM with Viindoo Software.
