Product Lifecycle Management for Manufacturing

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Improving Product and Service Innovation

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Read moreAddressing the Challenges of Product Lifecycle Management

Understanding the importance of Product Lifecycle Management (PLM) as a revenue-generating process and tool.

Product Lifecycle Management (PLM) is the process of managing information through the entire lifecycle of a product – from concept, design and manufacture, to service and disposal.

“Today, PLM is a competitive necessity for manufacturing companies. Capgemini’s solutions enable clients to compress time to market, reduce cost, improve quality and achieve product and process innovation.”
- Jan Winters, Global Manufacturing Leader, Capgemini

The challenges of globally nomadic production

Facing price pressure, companies must increasingly outsource, merge or partner with competitors and contractors. Design and production teams must now work together seamlessly across geographical and organizational boundaries. At the same time: 

  • Regulatory requirements are increasing
  • Previously optional features are becoming standard
  • Innovations are becoming more complex

These trends require adaptability and flexibility from both the manufacturers and their supporting information systems.

Yet while a company’s success depends entirely on its ability to collect, analyze, exchange and use information, our research shows that having a single, globally shared repository of data is still mistrusted and under-utilized. Collaboration is also impeded by differences in IT environments and management cultures and procedures.

Our Product Lifecycle Management Approach

Capgemini’s PLM approach combines strategy, organization, process and technology so that product data from disparate systems can be easily managed, leveraged and retrieved in an instant. A shaped PLM approach can improve speed to market by 20%.

Our solutions within Product Lifecycle Management include:

  • New Product Development and Introduction: Collaborative Design, Robust Design – First Time Right, Portfolio Management, Time-to-Market
  • Compliancy: Legislation, Safety, Health and Environment
  • Supply Chain Integration and Configuration Management
  • Formula/Recipe Management
  • Catalogue Management

For greatest flexibility, we adopt a phased approach to PLM: Preparation, Solution Development, Implementation and Rollout, and Application Management. The focus given to each of these phases varies according to the maturity of the client.

Our Solutions and Experience

From implementation experience gained in numerous customer engagements, we have identified 4 ingredients shared by successful PLM solutions:

  • Planning proactively
  • Accelerating innovation delivery through rigor and formality, and concurrent activities
  • Reducing complexity in the product portfolio
  • Building a collaborative environment across internal and external functions, including R&D, engineering, sourcing manufacturing, sales, marketing and service.

Our experience from helping leading manufacturing companies shows that it is possible to successfully address the challenges and realize the benefits of PLM by building on best practices.

How to drive innovation and efficiency over the product lifeclycle.

Contact Us

If you have specific business needs or objectives that you would like to discuss, or if you’d like a manufacturing specialist to get in touch with you, contact us.