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Justification of ERP Investments Part Two: The Intangible Effects of ERP
The intangible or non-financial benefits of an integrated enterprise resource planning (ERP) system can be viewed from several perspectives. For illustrative purposes, the discussion will focus on the benefits for accounting, product and process design, production, sales, and management information system MIS functions. From the overall company standpoint, ERP provides a framework for working effectively together and providing a consistent plan for action. Reprinted from Maximizing Your ERP System by Dr. Scott Hamilton.

scenario justification of plm in europe  Justification of ERP Investments Part Two: The Intangible Effects of ERP Justification of ERP Investments Part Two: The Intangible Effects of ERP Dr. Scott Hamilton - February 11, 2004 Read Comments The Intangible Effects of ERP* The intangible or non-financial benefits of an integrated enterprise resource planning (ERP) system can be viewed from several perspectives. For illustrative purposes, the discussion will focus on the benefits for accounting, product and process design, production, sales, and Read More...

Supplier Portals for Manufacturers a Win-Win Scenario
A 24/7 online supplier portal allows small and midsized manufacturers to communicate efficiently with suppliers and track deliveries without the e...

scenario justification of plm in europe  for Manufacturers a Win-Win Scenario Supplier Portals for Manufacturers a Win-Win Scenario Why have supplier portals become an indispensable business tool for manufacturers? A 24/7 online supplier portal allows small and midsized manufacturers to communicate efficiently with suppliers and track deliveries—without the expense and overhead of electronic data interchange (EDI)-compliant systems. As an attractive, low-cost alternative to EDI, a supplier portal allows you to enter, track, monitor, and fulfil 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 » scenario justification of plm in europe


Justification of ERP Investments Part 1: Quantifiable Benefits from an ERP System
Studies that surveyed manufacturers about the impact of ERP systems on firm performance indicate that company size and industry do not affect the results. Benefits have been indicated for large and small firms, whether they make standard or custom products or are in discrete or process manufacturing environments. This section explains the quantifiable benefits in terms of several areas of improvement. Reprinted from Maximizing Your ERP System by Dr. Scott Hamilton.

scenario justification of plm in europe  after implementing ERP. Other scenarios are encountered in justifying ERP investments. For example, a firm may be considering replacement versus upgrade or re-implementation of an ERP software package. There are significant costs for not successfully implementing an ERP system. Manufacturers often pay more for the lack of systems than they would have paid for improved systems. They carry excess inventory or provide poor customer service, for instance. And manufacturers may invest in ERP without gaining Read More...
Justification of ERP Investments Part Four: Replacing or Re-implementing an ERP System
An investment analysis focusing on enterprise resource planning (ERP) benefits frequently applies to those firms initially justifying an ERP implementation. It can also be used to justify a 're-implementation' when the initial efforts have failed to produce desired results. Reprinted from Maximizing Your ERP System by Dr. Scott Hamilton.

scenario justification of plm in europe  Justification of ERP Investments Part Four: Replacing or Re-implementing an ERP System Justification of ERP Investments Part Four: Replacing or Re-implementing an ERP System Dr. Scott Hamilton - February 13, 2004 Read Comments Replacing or Re-implementing an ERP System* An investment analysis focusing on enterprise resource planning (ERP) benefits frequently applies to those firms initially justifying an ERP implementation. It can also be used to justify a re-implementation when the initial efforts have 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 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.

scenario justification of plm in europe  plm implementation,plm vision,plm adoption,fashion-centric plm solution,geometric plm white papers,integrating plm enterprise,business process consulting,product lifecycle management solutions,product lifecycle management software,implementing product life cycle management Read More...
PTC Updates Its Retail PLM Solution
Contrary to its archrivals, Dassault Systèmes and Siemens PLM Software, PTC targets various lines of business (e.g., engineering, service, manufacturing, sourcing/supply chain, etc.) with its product portfolio rather than via dedicated vertical industry teams and offerings. One exception would be retail, where PTC has, for about a decade (after the Aptavis Technology acquisition in 2005), been

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Three Tips for PLM Boot Camp ’09 Attendees
PLM Boot Camp ’09 is coming in one week. As one of the committee members for this event, I’m delighted to provide three tips to those who are planning to attend this two-day virtual conference. Tip #1: Prepare to See a “Different” PLM PLM Boot Camp ’09 is obviously focused on product lifecycle management (PLM). However, it also has vertical foci: the fashion and consumer products industries.

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Hi from Kurt: TEC's New PLM Analyst
Hi, my name is Kurt, and I am a new member of the Research Analyst Group at TEC. Before contributing anything else to this blog site, I’d like to briefly introduce myself. <!--more-->I’m from China, where I earned my degree in Mechanical Engineering and worked for 10 years mainly helping manufacturers plan and implement information systems. During the last 5 years in China, I invested all my

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What Does the “M” in PLM Really Mean?
In the two previous blog posts (What Does the “P” in PLM Really Mean? and What Does the “L” in PLM Really Mean?) I discussed the object being managed within the product lifecycle management (PLM) methodology. Now, it is the time to move on to the last word—“management.” Management is such a general term nowadays, that simply looking at it won’t give you much idea of what it is about in the PLM

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What Keeps EAM/CMMS Away From PLM?
Today, many assets are designed and manufactured with the help of product lifecycle management (PLM) tools and systems, which contain highly valuable product definition information for enterprise asset management (EAM) and computerized maintenance management system (CMMS) operations. That being said, if there is a way to tie the two systems (EAM and PLM) together, the result will be beneficial

scenario justification of plm in europe  with is an imaginary scenario like this: One day, when a maintenance request is submitted to an engineer at the asset owner, AO-1 Company, he searches for a resolution based on the description of the problem. Unfortunately, within either AO-1’s or the equipment provider OEM Company’s database, he can’t find a satisfactory answer. However, a search result about a different company—AO-2—seems very applicable. This search result is about a resolution of the same problem, requiring the replacement o Read More...
HD-PLM, Exalead, and Project Lightning, What Do They Have in Common?
There wasn’t a lack of big news in the product lifecycle management (PLM) industry in the past few weeks. On May 20th, Siemens PLM Software unveiled High Definition Product Lifecycle Management (HD-PLM) at the World Exposition Shanghai China 2010 (Expo 2010). On June 7th, PTC told PTC/USER 2010 attendees that a virtual launch event for Project Lightning was schedule on October 28th, 2010. Two days

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