Benefits of PLM Software Accelerate Competitive Advantage for Wright
Benefits of PLM: Supports Medical Breakthroughs
With a commitment to evolving medical breakthroughs in the field of orthopedics, Wright management saw an opportunity to think bigger and push the envelope of innovation, quality, and compliance by trusting their business with the benefits of product lifecycle management (PLM) software, NX and Teamcenter, from Siemens Digital Industries Software.
Wright Medical Technology, Inc. is a global orthopedic medical device company specializing in the design, manufacture, and marketing of reconstructive joint devices and biologics. Headquarted in Arlington, Tennessee, USA, the company has been in business for more than 50 years, employs approximately 1,000, and is listed on the Nasdaq Global Select Market under the symbol “WMGI.”
Benefits of PLM: Extending Wright’s Ability to Flourish
“Teamcenter allows Wright to be more competitive in the marketplace by allowing manufacturing, engineering, quality and marketing all to work in parallel with one another,”
Chad Schwartz,Lead Design Engineer MICRONAIL® Project Wright Medical Technology
“Teamcenter is probably the best thing that’s happened to Wright, as far as bringing everything together and making it all one. The time savings alone are worth it. Instead of having to go and find the right design data file in the file cabinet, you have everything right there at your fingertips.”
Chad Schwartz,Lead Design Engineer MICRONAIL® Project Wright Medical Technology
Benefits of PLM: Collaboration is Critical
“Instead of maybe a three-day turnaround, we’ve got it down to a couple of hours.” In addition, he notes, “Our distributors throughout the country can log on and look at what we’re designing right then. Show a doctor what’s coming. And they can decide right then whether or not they’d like to use it.”
Chad Schwartz,Lead Design Engineer MICRONAIL® Project Wright Medical Technology
Benefitting from PLM software
As new products are developed and manufactured, Wright has expanded the use of the PLM software to manage all kinds of engineering specifications in a single platform. This includes gradually achieving the company’s objective of an electronic Device Medical Record (DMR).
“We’re growing. We’re increasing our market share every year. It has a lot to do with the systems that we run, Teamcenter being the main one.”
Penny Rasmussen, Marketing Manager MICRONAIL® Project Wright Medical Technology
Wright uses Siemens’ solutions for product development, data and medical records management, collaboration, compliance, traceability, and reporting, including using the software to meet FDA regulatory requirements. Read the entire case study highlighting the benefits of PLM software.
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