5 REASONS TO GET PLM 

Are you under pressure to develop new products with a shorter time to market?

Product Lifecycle Management (PLM) is a web-based solution, ready to use out-of-the-box with SaaS deployment.

Vizi Solutions will guide and assist your company to streamline your PLM Process. Allowing you to easily standardise new product development with the flexibility to customise and scale the solution to meet your required standards. 

HERE ARE 5 IMPORTANT BENEFITS TO HAVING A PLM SOLUTION: 

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01 WORKFLOW BASED PROCESS TRACKING 

As with many other systems in the SaaS sector, PLM software is governed by task management. These tasks usually resemble Microsoft projects and is managed by a project manager. The Key difference PLM solutions provide, is the automation of the administrative tasks, for example emails and management of individuals who have tasks assigned to them. 

PLM applications use workflow tasks to notify a user when their input is required, or action must be taken in the product development process. The workflow tasks are designed in such a way that users can only perform actions applicable to the current task.  Users are not able to manipulate completed tasks that has already been signed off. 

02 SINGLE REPOSITORY FOR ALL DATA RELATED TO NEW PRODUCT DEVELOPMENT 

PLM software provides a “Single version of the truth”, creating the ability to keep all information in one system where it is easy to determine the newest and most accurate information. 

PLM eliminates communication failures from happening by ensuring that information is always associated to only one item within the system and once an item has been signed off it must be officially revised for a user to add or remove information.  

All of your NPD related documents are also stored within the system removing the risk of misplaced documentation thus increasing data integrity. 

03 EASY REPORTING AS A RESULT OF PROPER DATA CAPTURING 

The data and documentation capabilities of PLM software simplifies reporting. Users can get a quick view of all items they are allowed to see through Dashboards, which report on the status of items in PLM in real time.  

Dashboards can be designed with any metric in mind, if you wish to know which of your products are not meeting regulatory requirements, or how many of your packaging is supplied by one company, you can easily extract reports to get visibility on these statistics 

This reporting functionality also means you can easily export specifications in any format you want, this provides the ability to send all documentation related to a product, at the click of a button. 

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04 DATA CONTINUITY MADE EASY 

Data continuity is a problem in every business, how do you assure you are taking all the information you have on a product from one process to the next. Loss of understanding or actual information loss about a product is a side effect of handing it from one person to the next in a long process like product development. 

PLM provides a method to ensure there is no information loss when transitioning from one process to the next. PLM offers a supplier portal where proposals can be submitted and seamlessly reviewed and once approved, you simply click one button, and the proposal becomes a product specification with no loss of data. 

05 COMPLETE END TO END VISIBILITY ON THE NPD PROCESS FOR PROJECT MANAGERS 

The most important aspect of a PLM system is the ability to have an overview of the current status of a new product in development. There are multiple ways PLM can show you where you are in a project. One being a view of the ongoing workflows, with an estimated duration for the tasks that remains to be completed. Another view indicates items that have been signed off in a project.  

Ready to start transforming your business? Contact us today for a demonstration of how we can help you. 

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