Are you aware of the unexploited potential within your product creation process?
Many PLM introduction projects last longer and use more resources than planned and yet still do not fulfil expectations. Around 25% of all IT projects fail and another 50% go over budget and schedule. What is going wrong in these cases?
The problem is often caused by following well-trodden paths in the process of finding a solution. Companies spend a huge amount of time and resources on implementing PLM projects using procedures and methods which have already been successfully applied to the selection of a 3D CAD system (demos, shortlist, benchmarking, decision). However, during this procedure the essential question of how a greater degree of added value can be achieved in the product lifecycle by taking an end-to-end approach and focusing consistently on processes is completely disregarded. PLM involves far more than just the choice of individual features and functions. Software is only one of the three areas which make up the interaction between people, processes and (IT) tools. Although PLM projects are often launched against a background of CAD systems, the fundamental approach is completely different.