Enterprise resource planning (ERP), product lifecycle management (PLM) and manufacturing execution systems (MES) have traditionally been three very distinct pillars of the manufacturing technology puzzle. But in todays worldwhere timely product delivery and top-notch quality are the hallmarks of successthose individual pieces are coming together to create a foundation for a modern-day interpretation of lean manufacturing.
Manufacturers may be collecting a lot of data, but if they cant analyze it and turn it into actionable information that affects processes and makes them competitive, its not useful. Thats why theres a big movement to integrate the shop floor with the enterprise and PLM.
PLM strategy should identify what role PLM software will play now and in the future. This way, your solution will provide value in the short-term and create a foundation that supports many future initiatives. Companies get a positive return on investment from implementing PLM for initial projects, and, over time, get even higher ROI from their successive projects because they are leveraging the initial PLM investment.
Taking a look at the short- and long-term goals of your strategy should help you identify the scope of the PLM system you need. Areas to consider in PLM software include the ability to: