There are two reasons which led me to write this blog. Firstly, I recently had briefings with vendors such as Learn.com and Xyleme that made me realize that the learning management system (LMS) industry is building up more and more connections with other technologies and enterprise applications. Secondly, a recent article (see Trends in LMS by Don McIntosh) explains how LMS is evolving with Web 2.0, talent management, mobile learning, software as a service (SaaS), and open-source software. Having worked mainly in the product development area in manufacturing, one question popped into my mind—does LMS have anything to do with product lifecycle management (PLM)? Read the rest of this entry »
“Basically, lean is [focused on] creating more value with less work.” – Wikipedia, Lean Manufacturing
No matter who can be credited with making this statement, I have to thank him or her. This statement allows people to apply lean principles in broader circumstances than manufacturing. Following this idea, I’d like to define lean product development (LPD) as this: LPD is focused on developing more products better and with use of fewer resources. To be more specific, LPD contains the following three major elements, in my view: Read the rest of this entry »
“Sometimes, I feel frustrated at work—there is a constant conflict between my department and others and it never stops.” – A product developer at a fashion company
During the process of building the request for proposal (RFP) template for fashion product lifecycle management (PLM), I spent some time talking with some relatively large fashion goods manufacturers and retailers to gain a better understanding of how the fashion business runs. As I learned more, I realized that the conflict between the two major driving forces (pushing and pulling) behind fashion products is causing frustration, unachievable sales targets, and missed sales opportunities. Let me explain these two forces briefly. Read the rest of this entry »
A few months ago while I was listening to Dassault Systèmes (DS) executives explaining the company’s sales and marketing strategies and achievements, I wondered what the next move might be since I found the relationship between DS and IBM was becoming more delicate than before. My concern was that a very sophisticated approach would be required in order to grow DS’s own sales capability, while keeping the strong and long-time DS/IBM partnership in good shape. Here’s the answer to my question: a press release from DS on October 26 tells us that “Dassault Systèmes and IBM Announce Intent to Integrate IBM PLM Sales Operation into DS.” Read the rest of this entry »
Within the product lifecycle management (PLM) arena, there is a category of solutions with a very specific industry focus: fashion and retail PLM solutions. For example, Lectra calls its solution Fashion PLM; at PTC, its FlexPLM solution is created for retail, footwear, and apparel; TradeStone Software names its solution Merchandise Lifecycle Management (MLM) (instead of PLM) and focuses on helping retailers to design and develop private label merchandise. No matter how vendors describe their solutions, it seems certain that now PLM manages not only “trees” but also “grass.” Read the rest of this entry »
PLM Boot Camp ’09 is coming in one week. As one of the committee members for this event, I’m delighted to provide three tips to those who are planning to attend this two-day virtual conference.
Tip #1: Prepare to See a “Different” PLM
PLM Boot Camp ’09 is obviously focused on product lifecycle management (PLM). However, it also has vertical foci: the fashion and consumer products industries. If a couple of years ago I had been told there would be such an event, I wouldn’t have believed there would be a large enough audience. However, things are changing significantly in these specific PLM fields. In the fashion sector alone, there are over 40 software solutions that serve specific PLM needs from this vertical. Although the methodology of PLM stays the same, when it comes to applying PLM in the fashion and consumer products industries, the business cases, adoption strategies, and functionality priorities are likely to be different than in industries such as aerospace and automotive. Read the rest of this entry »
I went through the agenda of the PLM Road Map 2009 (September 22 and 23, in Detroit, Michigan [US]) when I submitted my attendance preferences to conference organizer Collaborative Product Development Associates (CPDA). Looking at the agenda, I’m convinced that the two-day event is well structured to cover critical issues in the product lifecycle management (PLM) field and to apprehend the future of PLM. Below are what look to me like the conference highlights:
Today, many assets are designed and manufactured with the help of product lifecycle management (PLM) tools and systems, which contain highly valuable product definition information for enterprise asset management (EAM) and computerized maintenance management system (CMMS) operations.
That being said, if there is a way to tie the two systems (EAM and PLM) together, the result will be beneficial to original equipment manufacturers (OEMs), asset owners, and third-party maintenance service providers. However, this isn’t an easy job. The following are a few barriers between EAM and PLM as I see it. Read the rest of this entry »
TEC analyst, Kurt Chen, recently completed work on a new research segment covering product lifecycle management (PLM) selection criteria for the fashion industry.
Soon we’ll announce the launch of fashion and retail industry-specific models in our online PLM Evaluation Center. However, I’d like to point out that as of today you can purchase a template of the functional criteria companies in textile and fashion industries frequently need in order to develop an RFP for a PLM system. Read the rest of this entry »
There are multiple answers for how a bad product is developed; many of them are rooted in myopia in the development process.
This morning, when I was leaving a subway station through a tunnel, a billboard caught my eye. Actually, at first glance, I was kind of scared by the weird eye of one of the women in the picture. A second look revealed that the weird eye was a bolt (on top of a washer) located very close to her right eye. Read the rest of this entry »
Bringing all product stakeholders in a tighter loop within the entire product life cycle is one of the main strategies of the product lifecycle management (PLM) methodology. Following this idea, letting the customers (those who pay for and/or use the product) get involved as early as possible in the product design and development phases provides many benefits, including: more ideas for innovation, less design rework, higher customer satisfaction, shorter time-to-market, and more.
Today, including customer inputs in the design process is not only a theory, but also an increasing requirement from PLM users. Based on statistics from the TEC PLM Evaluation Center, among 50 possible business objectives for implementing a PLM system, the option of “including customer input in the design process” changed its ranking from 28th (in the year 2007) to 20th (in the year 2008) (see figure 1). Read the rest of this entry »
A friendly colleague reminded me today that it’s been a while since I’ve posted news about our ongoing product rating updates. So here goes, continue reading if you’re evaluating software for any of the following types of systems.
Product lifecycle management (PLM) originated decades ago in the discrete manufacturing area, and for quite a long period of time remained mainly as a solution for the upscale market in industries such as aerospace and automotive. However, recently PLM has become more approachable for smaller-sized businesses in more industries. It is not difficult to have this impression when you see increasing versions of PLM solutions targeting small and medium business (SMB) and mushrooming solutions such as PLM for consumer packaged goods (CPG), PLM for fashion, PLM for retail, and so on.
On the user side, based on statistics from TEC’s PLM Evaluation Center, it seems that users are willing to take the same direction – compared with 2007, more smaller-sized business users are considering PLM in 2008. At the same time, more potential users are from industries that traditional PLM doesn’t fit well.
In the two previous blog posts (What Does the “P” in PLM Really Mean? and What Does the “L” in PLM Really Mean?) I discussed the object being managed within the product lifecycle management (PLM) methodology. Now, it is the time to move on to the last word—“management.” Management is such a general term nowadays, that simply looking at it won’t give you much idea of what it is about in the PLM context. If your organization is looking for a PLM solution, investigating the functionality that various PLM solutions can provide will help you better understand what a PLM system should be handling. However, I’d suggest establishing some high-level ideas about what a PLM system should be able to manage before you are overwhelmed by the functionality flood. Read the rest of this entry »
“Clearly there will be winners and losers in the transition to a low-carbon economy, and investors should be concerned about companies who are not able to provide the information they require.” – Carbon Disclosure Project Global 500 Report 2008 (also known as CDP6)
To today’s enterprises, greenhouse gas (GHG) emission—amongst various sustainability issues—is one of the highest priorities. Some companies, as I have seen, have set up strategies to address GHG emission issues. At the operational level, companies are modifying accounting systems to report GHG emissions and to accommodate carbon trading; implementing energy management systems to reduce energy consumption; and optimizing supply chain management systems to increase transportation efficiency— to name just a few approaches. Read the rest of this entry »