Industries

Explained: Our integrated lifecycle management for consumer packaged goods free trial

By Lorraine Abazeri

In the fast-paced world of consumer packaged goods (CPG), staying ahead of the competition means mastering the art of product lifecycle management. Consumers crave innovative, high-quality products that hit the market quickly and effectively. The secret to this agility? Leveraging cutting-edge digital tools to manage the entire lifecycle of your products. Integrated lifecycle management (ILM) stands out as a game-changer in this domain, seamlessly merging product development, program management, and brand management into one powerful digital ecosystem. This synergy not only accelerates engineering processes but also fosters collaboration and optimizes design efficiency, freeing you to focus on delivering outstanding products to consumers.

Why ILM is a game-changer for CPG companies

ILM isn’t just another tool—it’s a transformative approach that offers unparalleled benefits for consumer packaged goods companies:

  • Seamless integration across functions: ILM bridges the gap between program, project, and product lifecycle management. This creates a unified source of truth, ensuring all departments work in harmony and safeguarding your brand’s integrity.
  • Maximized use of innovation assets: Say goodbye to redundant activities. ILM helps you leverage existing intellectual property, speeding up development processes and managing SKU proliferation effortlessly.
  • Adaptive and flexible execution: With ILM, planning becomes dynamic. Build from proven libraries based on past successes, enabling project launches in weeks instead of months.
  • Comprehensive digital thread: ILM provides a robust digital thread backbone, encompassing requirements management, cross-domain design collaboration, bill of material management, visualization, and change management. This holistic approach saves engineering time, boosts productivity, and drives innovation.

Empower your development with ILM

  • Capture ideas from your team, partners, and consumers.
  • Define products, variants, and deliverables to bring your vision to market.
  • Establish brand structures, standards, and resources for lean processes and asset reuse.
  • Leverage advanced planning to enable parallel completion of deliverables.

Transform your product lifecycle management with the digital twin

Dive into our videos to see how leading CPG companies are harnessing the power of ILM to revolutionize their product lifecycle management.

Enhance product quality and efficiency with vertical integration

In this first video, discover the power of vertical integration. By connecting various functions and processes, vertical integration boosts efficiency and coordination across departments.

Watch the video to learn more about vertical integration.

Maintain brand consistency with horizontal integration

Consistency is key. The second video shows how ILM helps maintain brand integrity across all products and campaigns by effectively managing brand hierarchies.

Watch the video to see how ILM manages horizontal integration.

Optimize brand assets with horizontal brand asset management

Efficient brand asset management is essential for maximizing the value of brand assets in consumer packaged goods. The third video demonstrates how ILM optimizes the use and reuse of brand assets across multiple products and campaigns. By reducing redundancy in asset creation, ILM helps companies save time and resources.

Watch the video to learn more about horizontal brand asset management.

Improve project execution with project management

Project management is vital for success. The final video illustrates how ILM enhances project execution, ensuring timely delivery and efficient resource management. With ILM, you can launch increasingly complex portfolios 3x faster.

This video highlights how ILM improves project execution, ensures timely delivery, and manages resources efficiently.

Watch the video to see how ILM enhances project management.

Proven leader in PLM

When choosing a PLM solution, seeing how it’s viewed in the industry is crucial. Siemens Teamcenter has been recognized as a leader in the Product lifecycle management (PLM) space by the G2 Grid® Report for PLM | Winter 2024 based on high customer satisfaction and substantial market presence. This acknowledgment highlights Siemens’ commitment to providing top-tier solutions that enhance productivity, collaboration, and innovation. Check out the G2 reviews to see why Siemens Teamcenter is trusted by so many.

G2 Grid report for PLM

Get started with the integrated lifecycle management for consumer packaged goods free trial

Now that you’re familiar with the trial’s scope, it’s time to experience it firsthand.

Unlock the potential of integrated lifecycle management with our free 30-day trial. Streamline your processes, boost efficiency, and accelerate your time to market. Transform your consumer packaged goods development and embark on a journey towards greater innovation and success.

Sign up now and take the first step towards a more efficient and innovative future.

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This article first appeared on the Siemens Digital Industries Software blog at https://blogs.sw.siemens.com/consumer-products-retail/2024/07/26/consumer-packaged-goods-integrated-lifecycle-management-free-trial-explained/