Provide the context, security, traceability, and processes needed across enterprise teams and systems to ensure product data is accessible and trustworthy
Product lifecycle management software enables geographically-dispersed, multi-disciplinary, teams to strategically collaborate with partners and customers using trusted, up-to-date product information.
Product lifecycle management is the foundation for the digital thread, delivering supply chain agility and business continuity. Data governance and traceability provided by product lifecycle management enables organizations to drive down costs, accelerate time to market, and deliver the highest levels of quality and compliance.
Break down the gaps that exist between value stages as engineering becomes aligned with the manufacturing, supplier, sales, and service ecosystem.
- Reduction in time-to-market for NPI
- Improvement in resource productivity
- Reduction in the cost of poor quality
- Average first-time fix rate
- Decrease in time-to-industrialization
For discrete manufacturers, the digital thread begins in the engineering department. This is where mechanical/electronic components and embedded software data is linked with traceability to requirements, simulations, certifications, BOMs, process plans, and MBSE. This information, along with its derivatives, needs to be leveraged bi-directionally, across teams and systems; including service, manufacturing, IT, and quality, among others.
With product lifecycle management you create the foundation for the digital thread and provide all required stakeholders with access to the real-time data they need, when they need it.
See how your peers are effectively using product lifecycle management to drive their digital transformation journey.
Explore Windchill, PTC’s industry-leading, enterprise PLM software with over 1.5 million seats deployed. Windchill is a trusted, web-based and scalable platform for global collaboration and innovation with comprehensive out-of-the-box functionality, role-based apps, and industry configurations. With Windchill you'll enable your entire organization with a digital thread of information to speed time to market, improve product quality, decrease costs, and so much more.
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