Product Lifecycle Management or PLM is a term used for the process of managing the entire lifecycle of a product from its conception, through design and manufacture to service and disposal.
PLM is a set of capabilities that enable an enterprise to effectively and efficiently innovate and manage its products and related services throughout the entire business lifecycle. It is one of the four cornerstones of a corporation's IT digital structure. All companies need to manage communications and information with its customers (CRM-Customer Relationship Management) and its suppliers (SCM-Supply Chain Management) and the resources within the enterprise (ERP-Enterprise resource planning).
What you will learn
This course is designed to bring in the complete understanding of the PLM background, concepts, benefits, implementation and avenues available for PLM professionals.
- Learn from the leaders
- PLM Partner-Product Dossier
- Trainers with extensive PLM experience
- Hand on training on PLM TouchBase software
Prerequisites
Working professional/Student (BE/MCA/Any other)
Course objectives
The course provides an in-depth perspective of the different components of PLM framework and how it impacts product engineering and productivity. Participants would gain exposure to the processes through actual hands-on experience and case studies.
- How PLM affects product development processes and improves productivity
- Details of the different functional components that constitute the PLM domain
- Manage software artifacts using configuration management tools.
- Manage software project using project management tool
Course Content of PLM Fundamentals.
PLM Background
- Evolution of PLM
- PLM fit with CRM, ERP, and SCM
- Scope of PLM
PLM Overview
- Organization Functions
- PLM Functional Components
- PLM Tools
- PLM Benefits
- PLM Industry Specific Solution
PLM provides the digital designing and digital manufacturing which gives the following benefits:-
It reduces the time to market which means the length of time to get a product from concept stage to market place would be reduced due to better co-ordination between various product related functions.
It reduces product development cost which means many expensive trial & error processes like prototyping are avoided which brings down the development cost
It reduces rework and rejection rates as PLM helps collaboration to support the philosophy of ‘Do It Right The First Time’
It improves the product quality because product design tools, manufacturing processes management, CAD/CAM/CAE visualization tools help to improve product quality.
It improves design revenues which mean integrated management of product related design data enables its efficient reuse.
Applications of PLM: - PLM has a wide range of applications in industries such as
