Is There a Better Way to Manage Product Development Projects?

A recent study by Engineering.com indicated there is a significant gap between how Industrial Equipment Manufacturing companies value specific aspects of their project execution and how they judge their performance. In order to address the challenging aspects of product development projects, it was determined that projects with a web-based Product Lifecycle Management (PLM) solution will perform higher.

Learn how PLM solutions with embedded project management can uniquely provide the following operational best practices:

  • Full alignment between projects and the product portfolio in order to leverage common technology platforms and launch products to market faster
  • Coordination of a project’s schedule and resources, with its scope as defined by requirements and development constraints, in order to meet market expectations
  • Automatic project task updates as development work is completed to provide a real-time understanding of project status and progress
  • Mitigating project risks based upon real-time status of product development— designs, change orders, defects, etc.—in order to stay on schedule and within budget

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Finding The Best PLM to Fit Industrial Equipment Manufacturers

While smaller Industrial Equipment Manufacturers may be able to control, access, and share product data with relatively simple Product Data Management (PDM) tools, larger Industrial Equipment Manufacturers rely on full-featured PLM systems that help automate processes and share data across global supply chains.

Industrial Equipment Manufacturer companies may find themselves in-between because:

  • Product and organizational complexity drive them beyond basic PDM capabilities
  • A full-featured PLM implementation may feel out of reach

They need to choose a system that quickly delivers the core capabilities they need to streamline product development but also gives them room to grow value over time. What’s the right size PLM to fit an Industrial Equipment Manufacturer? Let’s take a look.

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Content Marketing Platform Evaluator’s Guide

If you’re evaluating content marketing platforms, this eBook will help pair your needs with the right features. Find out how: Hundreds of pieces of content can be efficiently produced using an editorial calendar Critical gaps in your c…

Is There a Better Way to Manage Product Development Projects?

A recent study by Engineering.com indicated there is a significant gap between how Industrial Equipment Manufacturing companies value specific aspects of their project execution and how they judge their performance. In order to address the challenging aspects of product development projects, it was determined that projects with a web-based Product Lifecycle Management (PLM) solution will perform higher.

Learn how PLM solutions with embedded project management can uniquely provide the following operational best practices:

  • Full alignment between projects and the product portfolio in order to leverage common technology platforms and launch products to market faster
  • Coordination of a project’s schedule and resources, with its scope as defined by requirements and development constraints, in order to meet market expectations
  • Automatic project task updates as development work is completed to provide a real-time understanding of project status and progress
  • Mitigating project risks based upon real-time status of product development— designs, change orders, defects, etc.—in order to stay on schedule and within budget

Request Free!

The Definitive Guide to Employee Wellbeing

If you’re like most employers you want to create a culture that promotes health and wellbeing among your employees. But choosing the right path can be overwhelming, there are so many new tools, programs and services…it’s hard to know where…

Industria Avicola

Established in 1952, Industria Avícola is the premier Latin American industry publication serving commercial poultry interests. Published in Spanish, Industria Avícola is the region’s only monthly poultry publication reaching an audience of 10,000+ poultry professionals in 40 countries. Industria Avícola founded and continues to administer the prestigious Latin American Poultry Hall of Fame.

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