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The PLM Program An Incremental Approach to the Strategic Value of PLM
Companies that took an early adopter approach to PLM are beginning to show significant reductions in new product introduction lead times and to benefit from

inventory plm  material is sitting in inventory. Specification management and product data management tools with parametric search capabilities can be implemented in order to allow designers to search existing items before creating new ones. Strategic sourcing initiatives can leverage these common material definitions to take advantage of larger volume purchases for a smaller number of items. Design Rationalization - An additional project that can be implemented that takes advantage of the common material definitions Read More...
Core PLM for Discrete Industries
The foundation of product lifecycle management (PLM) for the discrete manufacturing industries is product data management (PDM). It covers design and product-related aspects of PLM including manage...
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Documents related to » inventory plm


SAP PLM: Outlook and Predictions
This year, product lifecycle management (PLM) vendors have put many interesting initiatives on display to PLM buyers. These initiatives include the possibility

inventory plm  from other areas (e.g., inventory, shop-floor operations, sales and marketing) together, as I mentioned in Product, Project, Process, and People: The Four Ps of PLM Analytics . Sustainability from a PLM Perspective As I see it, SAP is one of the most advanced enterprise software vendors in providing solutions for sustainability. I tried twice to take a look at how enterprise resource planning (ERP) vendors were getting involved in sustainability—first in 2008 [ read the blog post ], and second in 2009 Read More...
Selecting PLM Software Solutions
Past experience shows us that the vast majority of enterprise technology evaluations run over time and budget, and once selected, the majority of the

inventory plm  certified in production and inventory management (CPIM) and in integrated resources management (CIRM) by APICS. Read More...
Selecting a PLM Vendor
PLM enterprise applications should not be selected in a vacuum. The needs and requirements of multiple departments and even business partners must be

inventory plm  to such applications as inventory control, ERP, CRM, data stores, packaged applications, legacy systems, and a myriad of other applications. The effort will be grueling, but the returns from an integrated information portal can be significant. As with any such purchase, users choosing point PLM products should consider the integration infrastructure and effort needed to combine these products versus the cost and functionality issues of choosing an integrated PLM product suite (if one complete suite is Read More...
Challenges and Future Plans of a Product Inventory Disposition Vendor
Despite FreeFlow's success at helping organizations regain some margin of profitability for excess inventory, the company still strives for expansion and

inventory plm  order management (DOM); forecasting; inventory optimization; pricing optimization; supply chain event management (SCEM); global trade management (GTM) and international trade logistics (ITL); and so on. FreeFlow might want to explore the opportunities of expanded functional scope and services to its customers by developing them internally or by partnering with product specialists in these realms. For more information on some of these potentially handy applications, see The Case for Pricing Management , Read More...
Is There a Smarter Way to Handle Excess Active and Obsolete Inventory?
Imagine the convenience of a 24x7 intranet marketplace where companies could sell off their inventory to the highest bidder. FreeFlow is one such business

inventory plm  Obsolete Inventory? Excess at-risk inventory ultimately impacts a company's bottom line. But because companies are more focused on the development and promotion of new products, the problem of excess inventory is seldom a priority. Companies often resort to high-overhead marketing promotions, rebates, or complete inventory write-offs to unload their excess inventory. Let the (Excess) Inventory Flow! Rather than falling back on these detrimental practices under duress, many have wondered whether there Read More...
The Many Faces of PLM Part Two: The Future of the PLM Suite
The future of the PLM Suite will include more applications that cover product-related functionality and further expand the benefits available. As the PLM Suite

inventory plm  The suite started with Inventory Control systems, then became Material Requirements Planning (MRP), then evolved to MRPII which included extensions to MRP including order management, then transitioned to ERP which firmly included non-manufacturing concerns such as Financials and Human Resources. What happened with ERP is that the definition of the core system extended as complementary functionality was combined with it. As the footprint expanded, it deserved a new name. This is similar to what has Read More...
PLM (Vendors) and Lean Product Development-Part 3: Siemens PLM Software
After talking about Dassault Systèmes in Part 2 of this blog series, I’d like to move to another prominent player in the product lifecycle management (PLM

inventory plm  (Vendors) and Lean Product Development-Part 3: Siemens PLM Software After talking about Dassault Systèmes in Part 2 of this blog series , I’d like to move to another prominent player in the product lifecycle management (PLM) field— Siemens PLM Software . In this blog post, I will give my personal interpretations about the major relevancies between Siemens PLM’s offerings and lean product development (LPD). My first impression of Siemens PLM is the comprehensiveness of its product offerings. The Read More...
Let the (Excess) Inventory Flow!
Because companies focus primarily on new product development and promotion, the problem of excess and obsolete inventory, once addressed, often leads to both

inventory plm  the (Excess) Inventory Flow! The conundrum of inventory management and the notion of inventory as a necessary evil (or the asset versus liability dilemma) have long been haunting and bedazzling operations and financial and accounting managers. It is a well-known fact that managing inventory risk is about managing the cost of maintaining unnecessarily high levels of inventory against the risk of running out of stock at a crucial moment of truth (MOT) when a customer actually wants something. In a var Read More...
Effective Inventory Analysis: the 5 Key Measurements
The white paper effective inventory analysis isolates and walks you through five simple measurements that will help you ensure you are maximizing t...

inventory plm  Inventory Analysis: the 5 Key Measurements As a distributor or manufacturer, how do you stack up when it comes to monitoring the performance of one of your largest investments: your inventory? Computer-generated reports can be more of a hindrance than a help—many systems produce so many reports, you can drown in them. Measurements that evaluate inventory performance? There are literally hundreds of them, so which ones tell you what you really need to know? The white paper Effective Inventory Read More...
19 Steps to Maintain an Accurate Inventory What You Must Know About Your Inventory
It takes $2,500 in new sales to make up $100 in lost inventory, assuming a 4 percent return. Keeping an orderly warehouse with up-to-date processes and informed

inventory plm  to Maintain an Accurate Inventory What You Must Know About Your Inventory 19 Steps to Maintain an Accurate Inventory What You Must Know About Your Inventory Featured Author - Ren Jones - May 19, 2005 Introduction Peter Drucker, the foremost author and expert on enterprise and self-management, and one whom I am sure everyone reading this has probably heard of, stated, We know little more about distribution today than Napoleon's contemporaries knew about the interior of Africa. I found out just how true Read More...
Product Lifecycle Management (PLM)
PLM software applications support businesses in bringing products and services from idea through to design, production, and final disposition. PLM solutions

inventory plm  Lifecycle Management (PLM) PLM software applications support businesses in bringing products and services from idea through to design, production, and final disposition. PLM solutions have evolved to provide comprehensive functionality for all aspects of product innovation, including product development and portfolio management, manufacturing process management, ideation and requirements management, service data, and regulatory and compliance criteria. PLM solutions allow you to create, Read More...
Prioritizing Your PLM Initiatives and Spends
There is an increasing acceptance among apparel brands and retailers of the fact that product lifecycle management (PLM) applications can streamline the product

inventory plm  Your PLM Initiatives and Spends There is an increasing acceptance among apparel brands and retailers of the fact that product lifecycle management (PLM) applications can streamline the product development process. Although the benefits are apparent, there are questions about the best approach and investments to drive PLM across the organization. This white paper discusses a phased approach for accelerated PLM adoption in an enterprise. Read More...
Taking Control: Improved Inventory Visibility Leads to Lean Success
While inventory reduction is a worthy goal for manufacturers, with less “cushion” mistakes and surprises can be costly. When looking at inventory levels and how

inventory plm  Control: Improved Inventory Visibility Leads to Lean Success While inventory reduction is a worthy goal for manufacturers, with less “cushion” mistakes and surprises can be costly. When looking at inventory levels and how to reduce them, it is important to understand the role that inventory plays in the dynamics of plant operations. This paper focuses on inventory inside the plant—from receipt of parts and materials to shipment of finished products—to help you safely reduce your inventory. Read More...

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