Product Lifecycle ManagementThe significance of product lifecycle management (PLM – Product Lifecycle Management, formerly referred to, in a narrower frame of reference, as PDM – Product Data Management) is increasing, especially for companies in the manufacturing, high technology, and service industries. Product and component lifecycles are shortening while, at the same time, new products must be delivered to market more quickly than before. Many manufacturing and service companies are also trying to grow out of a bulk provider role. In the future they will be p- viding configurable and flexible solutions rather than just individual products. This leads companies to form networks in which each actor specializes in the planning, manufacture or integration of products in a certain field. Information concerning common products must pass quickly, faultlessly, and automatically between companies so that they can compete effectively in international markets. In today’s industrial production, therefore, PLM is an essential tool for coping with the challenges of more demanding global competition and ever-shortening product and component lifecycles and growing customer needs. New, better and more flexible products must be introduced into markets more quickly, with more profit and less labor, and the lifecycle of each product must be better controlled, for example, from financial and environmental perspectives. Fierce competition in global markets drives companies to perform better. In order to perform well financially, companies must be able to make informed decisions concerning the lifecycle of each product in their portfolio. |
Contents
1 | |
Saaksvuori_Ch02pdf | 7 |
Saaksvuori_Ch03pdf | 27 |
Saaksvuori_Ch04pdf | 45 |
Saaksvuori_Ch05pdf | 53 |
Saaksvuori_Ch06pdf | 66 |
Saaksvuori_Ch07pdf | 91 |
Saaksvuori_Ch08pdf | 111 |
Saaksvuori_Ch11pdf | 191 |
Saaksvuori_Ch12pdf | 207 |
Saaksvuori_Ch13pdf | 221 |
Saaksvuori_Ch14pdf | 229 |
Saaksvuori_Epiloguepdf | 232 |
Saaksvuori_Appendix1pdf | 235 |
Saaksvuori_Appendix2pdf | 242 |
Saaksvuori_Appendix3pdf | 245 |
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Common terms and phrases
able according actual application basic carried chapter company’s complete components concept configuration connected considered contain cooperation cost created creation cycle database defined definition delivered delivery described distribution documents drawings effectively efficient electronic elements engineering environment example existing field Figure functions implementation important improve increase individual industry integration interface internal involved kind maintenance management system manufacturing means ment methods necessary needed objectives operations organization performance phase planning PLM system possible practice present principles problems processes product data product development product information product lifecycle management product management product process product structure refers retrieval separate service product solutions stage standard strategy suppliers task term tion tool transfer usually utilized whole