Education

Education

The world of cloud PLM and enterprise software explained.

What is Bill of Materials (BOM)?

2019-09-17T14:58:04-05:00

Summary: A bill of materials (BOM) is an absolutely critical document at all stages in the product development lifecycle — from procurement and manufacturing, to logistics and inventory management, to sales and after sales services. A bill of materials (BOM) is a centralized source of information that lists all assemblies, sub-assemblies, parts, and raw materials needed to produce one unit of a [...]

What is Bill of Materials (BOM)?2019-09-17T14:58:04-05:00

How PLM software can change your business

2019-08-29T13:52:47-05:00

Summary: Traditional PLM was made up of data silos and outdated information that led to costly production errors. But with the incorporation of the cloud and other digital technologies to this, companies are able to meet their manufacturing goals, from budget to deadline. Did you know that in 2016 alone, the PLM software niche was valued at $18.80 billion? This is [...]

How PLM software can change your business2019-08-29T13:52:47-05:00

7 easy ways to cut your product development costs

2019-07-03T09:46:05-05:00

Summary: Your product development costs are higher than they need to be. Follow these 7 tips to cut them down to size. Over the last decade, manufacturers have struggled to contain rising product development costs. And rightfully so. Forbes reported a x4 increase in product development costs between 2008 and 2013. With the cost of materials, labor, and production steadily climbing [...]

7 easy ways to cut your product development costs2019-07-03T09:46:05-05:00

PDM vs PLM

2019-07-17T12:37:16-05:00

Summary: PDM is a tool to manage product data and ensure robust version control and a single version of the truth. PLM manages the workflows, processes, and the cross-department/cross-chain engagement organizations need to bring products to market. PDM vs PLM? It's a non-starter - companies need both. We’ve been talking a lot about the enterprise tech stack recently, looking at [...]

PDM vs PLM2019-07-17T12:37:16-05:00

The Evolution of Product Lifecycle Management (PLM) Software

2020-01-08T09:48:11-05:00

Summary: Product lifecycle management software continues to evolve. PLM is going to be all about Industry 4.0, customer experience, implementation times, and integration capabilities. Product lifecycle management software has evolved greatly over the years. Here are the 4 major trends we expect to see in the PLM space. 1. A crucial role in Industry 4.0 In 2019, we expect product lifecycle management [...]

The Evolution of Product Lifecycle Management (PLM) Software2020-01-08T09:48:11-05:00

How to guarantee a successful product launch

2019-01-16T10:42:12-05:00

Summary: Follow these five tips for a successful product launch! Over 30,000 products were launched last year in the US. Among such a deluge, how do you make yours stand out? It's a question many product leaders ask, but few can answer. Thankfully, this post provides some insights on the topic with 5 tips that are sure to result in a [...]

How to guarantee a successful product launch2019-01-16T10:42:12-05:00

The 5 ways engineers can improve time to market

2018-12-27T10:43:57-05:00

Summary: Time to market is a key metric for engineering teams that can be improved with these 5 simple steps. The time it takes for a product to get to market has a big impact on its later success. Research has shown that a product's time to market influences: The market share a product holds The length of a product's sales [...]

The 5 ways engineers can improve time to market2018-12-27T10:43:57-05:00

The 3 reasons marketing and sales need your product data

2020-01-08T10:17:37-05:00

Summary: Product data is often siloed in engineering, despite the value it offers to a manufacturer's marketing and sales strategy. The role of sales and marketing in an organization is to get people interested in purchasing a product. Which is why it's so important these departments know the product they sell inside and out. And while teams do this the best [...]

The 3 reasons marketing and sales need your product data2020-01-08T10:17:37-05:00

The 3 reasons product development teams fail

2018-12-28T12:23:59-05:00

Summary: New product development is a critical source of revenue for manufacturers, that product development teams largely fail at. Help your teams excel with these simple solutions. New products are a crucial part of profitability, but very few product development teams excel when it comes to launching them. Of the 30,000 new consumer products launched each year, the Harvard Business School [...]

The 3 reasons product development teams fail2018-12-28T12:23:59-05:00

Why you lose out with homegrown systems

2019-01-07T11:18:52-05:00

Summary: Homegrown systems can be effective short-term, but as organizations grow, they fall short. Based on the processes of the past, homegrown systems don't hold up long-term. We know managing data is hard. In fact, it's a problem 58% of manufacturers experience. 58% of manufacturers don't have a well-defined data management strategy in place. And things only get more difficult as [...]

Why you lose out with homegrown systems2019-01-07T11:18:52-05:00

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