PLM software overcomes supply chain issues in industrial machinery

Technology advancements in conjunction with Product Lifecycle Management (PLM) software are renovating the industrial machinery industry.

PLM solutions for machine builders and equipment manufacturers proficiently manage CAD by comprehending customer needs and requirements to deliver projects successfully. PLM for machine builders supports end-to-end processes with integrated project management capabilities and instant-on access.

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The available webinar discusses trends driving the industry, describing a process-based approach to PLM to discover the value it brings to a business.

Challenges in the supply chain

Most supply chain issues can be traced to a root cause, including demand variability, extended lead times, quality levels, and a lack of visibility and collaboration across the supply chain, reducing manufacturing productivity and efficiency. Implementing PLM software into operations can assist in overcoming these obstacles.

It provides the tools and solutions to improve collaboration with suppliers and partners by connecting people with the product and process. PLM provides a comprehensive approach with added visibility and collaboration that improves productivity that helps avoid manufacturing production blockages while accelerating time to market.

PLM software tools

PLM for Machine Builders offers tools that provide the essential information to better understand and deliver projects on time with customer requirements.

Therefore, PLM provides companies with a competitive advantage by providing the following benefits:

  • A fully integrated solution where every stakeholder possesses what they need to get their job done
  • An adaptable plan, a comprehendible impact, and the ability to implement change quickly, effectively, and accurately
  • Dashboards, self-service reports, and timelines that ensure accurate, real-time status data
  • Acting quickly by transitioning away from paper-based change processes
  • Effortlessly share design information across teams
  • SaaS delivery – anytime, anywhere 

PLM process-based methodology 

Product lifecycle management incorporates project, process and requirements management. PLM also allows machine configuration and reuse and a blended ETO/CTO. In return, it captures project milestones and deliverables, including integrated requirements-driven design, streamlined change management processes, Google-style search, advanced BoM cloning capabilities (independent of CAD), document management, product structure capture from CAD for downstream reuse and advanced rule-based product configuration.

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This article first appeared on the Siemens Digital Industries Software blog at https://blogs.sw.siemens.com/thought-leadership/2022/08/09/plm-software-overcomes-supply-chain-issues-in-industrial-machinery/