Value Drivers of our solutions

What are the primary value drivers for a PLM solution?

PLM is a powerful business strategy that has delivered substantial benefits for organizations in different industries throughout the world. PLM helps an enterprise to:

• Reach Global cooperation and anchor market advantages for new business concepts
  PLM enables products to "circulate round the globe" and fulfill the vision of "DAMASA" Design Anywhere, Manufacture Anywhere, Sell/Service Anywhere.
  
  
• Bring products to market faster
  PLM enables real-time collaboration among all members involved in a product's design, and streamlines activities between "providers" and "receivers", whether they be inside or outside the manufacturer's enterprise.
  
  
• Design products with improved quality
  PLM provides fast and accurate views of a product's performance, or level of quality, thus making it possible to find problems and inefficiencies and take care of them, before they effect the end result.
  
  
• Reduce product development/production costs
  PLM let's your enterprise reuse the experience gained in similar design and development projects, thus reducing development costs. Similarly, by practicing "Design For Manufacturability and Assembly" (DFM/A) using PLM collaboration, you will reduce inventory and spare parts thus reducing production costs.
  
  
• Secure regulatory compliance & quality assurance program objectives
  PLM allows total control of the development process for repeatability, shows historic information of all activities for traceability, and secures ownership of actions (who did what, when, where, and why) for information transfer and documentation - an absolute requirement to fulfill regulations and quality programs such as FDA, ISO, CMM, etc.
  
  
• Increase collaboration in the value chain
  PLM enables the enterprise to establish closer and more dynamic collaborative relationships with customers, suppliers, and partners.
  
  
  

Example of specific benefits
These are some examples of the specific benefits achieved by companies that have deployed PLM solutions (Source: CIMdata PLM report, 2002):

• A 40% improvement in a product's change cycle times
• A 15-30 % reduction in prototypes
• A 40% reduction in lead times
• A 25% productivity increase in design engineering
• Reduced development time for household products by 75%, from 18 months to 4 months
• Reduced time to cost for a product, from 5 days to 5 minutes
• Reduced the engineering review process by 83%, from 12 days to 2 days