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PLM (Product Lifecycle Management)

Provide the context, security, traceability, and processes needed across enterprise teams and systems to ensure product data is accessible and trustworthy

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What is PLM?

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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.

Build a foundation for a wide range of new revenue and cost saving opportunities with PTC’s out-of-the-box applications. Seamlessly integrate our PLM system with ERP, MES, CAD, AR, IoT technologies, and more.

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A PLM-enabled framework for discrete manufacturers

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 a PLM system in place 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.

Engineering

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IT

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Manufacturing

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Quality

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Service

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Supply Chain

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Product lifecycle management capabilities

Bill of Materials (BOM) Management

BOM management

Get full digital associativity across engineering, supply chain, manufacturing, sales, and service.
Change and Configuration Management

Change and configuration management

Provide built-in governance for automated, accurate, and coordinated enterprise change and configuration management.
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eDRM and IP Security

Enable secure collaboration across the value chain by managing IP protection through enterprise digital rights management.
Manufacturing Process Management

Manufacturing process management

Build and manufacture anywhere with a seamless flow of information between engineering and manufacturing.
Model-Based Systems Engineering (MBSE)

Model-based systems engineering

Enable collaborative, innovative design and maintenance of complex systems.
Product Data Management

Product data management

Enable global collaboration across concurrent design environments with a secure, tightly integrated, multi-CAD and product data management system.
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Parts Classification

Reduce product complexity and drive down costs with a classification strategy that ensures duplicate parts avoidance and greater reuse.
Product Variability Management

Product variability management

Manage complex variants and configurations at scale.
Project and Design Collaboration, Governance, and Workflow

Project and design collaboration, governance, and workflow

Manage and execute complex product development projects with collaboration and workflow tools.
Quality Management

Quality management

Build quality, reliability, safety, and process control into every part of the product lifecycle.
Requirements Management and Validation

Requirements and test management

Create, structure, and validate complex product requirements across the engineering lifecycle.
Service Process Management

Service process management

Establish a foundation for accurate and accessible service information.
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Supply Chain Collaboration

Enable supplier collaboration with IP security so you can share design data and track deliverables to multiple projects around the globe.

Leaders using PLM to drive digital transformation

See how these global manufacturers are effectively using PLM to drive their digital transformation journey.

Seagate

See how Seagate established an enterprise digital thread with a PLM foundation.

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U.S. Navy

Learn how the Navy is using PTC’s PLM cloud model to support the digitization of NAVSEA.

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Volvo CE

Learn how Volvo is using PLM as the backbone for an industrialized digital thread, which improves cross team efficiency and accelerates time to market.

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Vaillant Group

Learn how Vaillant Group is getting their digital house in order one step at a time, starting with engineering change management.

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L&T Technology Services

Listen as representatives from Vestas, LTTS, Roland Berger, and PTC discuss how companies are achieving growth and competitive advantage in wind energy.

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PLM Products

Learn More About Windchill

Windchill—Industry-leading, enterprise PLM software

Windchill provides the foundation and continuity of product information across the digital thread, whether delivered on-premises or SaaS. Windchill’s core multi-CAD and product data management (PDM) functionality—along with automated change and document management, business systems integration, and project execution—will help you establish your core product development platform. As your PLM initiatives and requirements grow, you can expand your capabilities to include variant management, parts classification, supplier management, downstream manufacturing, and service BOM management, manufacturing process plans and work instructions, augmented reality, IoT, and more.

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Arena—One platform, infinite SaaS PLM and QMS advantages

Arena provides a single, secure system to manage mechanical, electrical, software, and associated data delivered as SaaS. Arena helps companies design, produce, and deliver high-quality products—fast. If you create complex products and work with dispersed teams and supply chains, Arena can help you speed new product development, eliminate quality issues, and improve profitability. Arena helps engineering, quality, and manufacturing teams share product information, exchange ideas, and implement changes throughout the entire product lifecycle. Arena speeds regulatory compliance for environmental, FDA, ISO, ITAR, EAR, and other regulatory initiatives.

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Additional resources

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Whitepaper: PLM and ERP’s respective roles in modern manufacturing

Learn best practices for integrating the two systems to improve data consistency and quality.
Analyst Report: Weaving Quality into PLM

Aberdeen report: Weaving quality into the digital thread

Learn how to ensure quality in complex, innovative engineering environments.
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PLM deployment handbook

Learn how to align, plan, deploy, evangelize, expand, and support your digital transformation initiative.
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The Seven Building Blocks of the Digital Thread

In this ebook from industry analyst Tech-Clarity you’ll gain insights into what the main building blocks are to a successful digital thread and how PLM is a key component.