Next-generation Product Lifecycle Management (PLM) brings innovation and collaboration to the supply chain on a shared platform that encourages real-time feedback in product development.
Here are more reasons why organisations should implement an integrated digital PLM system.
Implementing a fully digital PLM improves collaboration, creates space for innovation
Typically, companies store product development information in a PDM system, which is not always open to outside parties. With a consolidated platform that integrates tech specs, images and other product details, all of the relevant parties can collaborate.
A shared platform in product lifecycle management produces real-time feedback and insights from suppliers and designers on product concepts before going into production. It ultimately translates into a higher production and product sales rate success.
The new release of Dynamics 365 for Operations is Microsoft’s new business solution for medium to large organisations. Dynamics 365 for Operations was previously known as AX7 and is a single software system that helps run businesses more effectively. It is a digitally transformed financial and operational ERP system.
Closed-loop PLM solutions are ideal for improving the supply chain process from start to finish, integrating concept and design through manufacturing, shipping and delivery into a single system.
Leveraging global supply chains is crucial. A digital PLM solution makes this possible by connecting processes and breaking down these pressures into a palatable form that simplifies the complexity of the process of concept-to-consumer, found a research conducted by the Aberdeen group.
Time-to-Market and Cost Targets
Digital PLM implementation simplifies the complex global supply chain process in which products are shifted from one party to the next before reaching the end consumer.
Product lifecycles, cost targets, and speed-to-market have become essential variables in the optimisation of the supply chain. With a centralised PLM system, all relevant parties can collaborate, share and innovate to enable a much faster and cost-effective supply chain transformation.
Efficient and cost-effective supply chain management and operations are possible with complete supply chain digitisation.
Dynamics AX for Supply Chain can improve and optimise your supply chain.
Microsoft Dynamics for Operations
Contact Resolve Immix and speak to one of our experienced Microsoft Dynamics ERP consultants to find out how our supply chain solutions can benefit your organisation.