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PLM product lifecycle management

What is PLM (Product Lifecycle Management)?

PLM (product lifecycle management) is a strategic approach to managing the entire lifecycle of a product, from its initial concept through design, manufacturing, service, and eventual disposal.

PLM integrates people, processes, and data across various stages of product development, ensuring that all stakeholders have access to the most up-to-date information. This holistic approach helps organizations streamline operations, reduce time-to-market, and improve product quality.

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The role of PLM in digital engineering

PLM is more than just software; it’s a way of working that promotes collaboration across departments and partners. It’s a structured framework for managing all aspects of a product’s lifecycle. From the earliest stages of ideation and design to production and beyond, a PLM strategy ensures that every phase of the lifecycle is optimized for efficiency and effectiveness.

Development

In the early stages of product development, PLM helps teams collaborate on design concepts by providing tools for CAD (computer-aided design), CAE (computer-aided engineering), advanced simulation, and prototyping. CAD allows engineers to create detailed 2D drawings or 3D models of products, enabling precise visualization and modification of designs before they move into production.

CAE allows engineers to perform advanced simulations and analyses, such as FEA (finite element analysis) and CFD (computational fluid dynamics), to test product performance under real-world conditions without the need for physical prototypes. This enables teams to refine designs early in the process, reducing development time and improving product quality.

Growth

As manufacturing begins, PLM integrates CAM (computer-aided manufacturing) tools to streamline production workflows and ensure consistency across teams. Real-time data synchronization minimizes errors, while scalable processes adapt to increasing demand. This stage emphasizes transitioning from design validation to cost-effective, repeatable manufacturing.

Maturity

Post-launch, PLM tracks product performance, customer feedback, and maintenance needs to inform upgrades or feature enhancements. Companies use this data to maximize profitability by extending the product’s relevance, optimizing supply chains, updating documentation, and planning incremental innovations.

Decline

PLM guides end-of-life strategies, balancing disposal/recycling protocols with insights for future products. Teams analyze lifecycle data to decide when to retire the product, manage successor launches, or repurpose components, ensuring sustainable transitions aligned with market shifts.

What are the benefits of PLM?

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Shorten time-to-market

Enable faster product development by centralizing data and removing inefficiencies such as redundant data entry or manual file transfers between departments.

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Improve product quality

Ensure higher product quality by maintaining strict control over design specifications, manufacturing processes, and compliance requirements. This reduces errors during production and helps avoid costly recalls or rework.

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Enhance collaboration

Encourage better collaboration by breaking down silos between departments such as engineering, marketing, and manufacturing. Teams can work together more effectively using shared data platforms that provide real-time updates on project progress.

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Reduce costs

Control development costs by reusing designs, materials, and components across multiple products or iterations, and lower operational costs by improving efficiency in manufacturing processes.

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Ensure regulatory compliance

Meet industry-specific regulatory requirements by integrating compliance management into the product development process. This reduces the risk of non-compliance and ensures that products meet safety and quality standards from the outset.

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Aid decision-making

Provide real-time insights into the product lifecycle, enabling stakeholders to make better informed decisions about product design, resource allocation, and market opportunities, ultimately improving strategic outcomes.

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Establish traceability

Offer complete traceability throughout the product lifecycle, from initial design changes to reuse, recycling, or repurposing. This historical record is essential for auditing, compliance, and understanding the evolution of a product over time.

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Manage sustainability

Support sustainability initiatives by tracking materials, energy consumption, waste management, and adherence to environmental regulations. This helps organizations reduce their environmental impact while aligning with sustainability goals.

What's the best way to get started with PLM in your organization?

Implementing a PLM system and strategy is a transformative process that requires careful planning and collaboration. Keep reading to discover our recommended approach to PLM, or reach out to us for a free consultation today.

Before diving into the technicalities of PLM, it’s essential to clearly define what you want to achieve with the system. Engage key stakeholders from all departments—engineering, manufacturing, sales, and IT—to identify inefficiencies in your current processes and establish measurable goals. Ask questions like:

  • What specific challenges are we trying to solve with PLM?
  • How will we measure the success of the implementation?
  • What long-term benefits do we expect?

By setting clear objectives from the start, you’ll ensure that everyone is aligned and that the implementation stays focused on delivering tangible results.

Choosing the right PLM platform and vendor is crucial for a successful implementation. The solution should fit your company’s size, industry, and specific needs while offering scalability and flexibility for future growth. Modern PLM platforms often provide cloud-based solutions that integrate seamlessly with existing systems like ERP or SCM.

Equally important is selecting a vendor who offers more than just software. A strong PLM partner provides strategic guidance, industry expertise, and ongoing support. Look for a vendor with experience in your industry and a proven track record of successful implementations.

Key questions to ask when selecting your PLM partner and solution:

  • Can the system grow with your business?
  • Does it adapt to future business needs?
  • How well does it work with your existing tools?
  • Does your PLM partner understand your industry and challenges?
  • Will they provide ongoing assistance beyond implementation?

By choosing the right solution and vendor, you ensure a technically robust system backed by expert support for long-term success.

One of the most significant challenges in implementing PLM is managing organizational change. Resistance from employees can slow down or derail the project if not handled effectively. To mitigate this risk, involve all relevant stakeholders early in the process and communicate the benefits of PLM clearly. Show how it will improve their day-to-day work by reducing redundant tasks and improving data accuracy.

Best practices for change management include:

  • Conducting workshops or training sessions to familiarize staff with new workflows.
  • Creating a communication plan to keep everyone informed throughout the implementation.
  • Appointing internal champions who can advocate for PLM adoption within their teams.

Once you’ve selected your PLM platform and engaged your teams, it’s time to map out your current business processes and identify which ones will be managed by the new system. This phase involves gathering detailed requirements from each department and prioritizing them based on business impact.

Work closely with your PLM partner during this stage to ensure that all necessary features are included in the system configuration. A clear project plan should be developed at this point, outlining timelines, responsibilities, and KPIs (key performance indicators) for tracking progress.

With your requirements defined and processes mapped out, you can begin rolling out the new PLM system. A phased rollout approach is often recommended to minimize disruption to daily operations. Start by implementing core functionalities with a smaller team or department before expanding across the entire organization.

During this phase:

  • Ensure that hardware and software infrastructure is ready.
  • Provide comprehensive training for all users.
  • Monitor performance closely to identify any issues early on.

Communication remains critical during implementation, both internally (to employees) and externally (to partners or suppliers). Make sure everyone understands their role in using the new system effectively.

Once your PLM system is live, optimization doesn’t stop there. Regularly review how well it’s meeting your initial goals and look for opportunities to improve efficiency further. This could involve fine-tuning workflows, adding new features, or expanding usage across additional departments.

A constant exchange of feedback between teams will help uncover areas where further improvements can be made. Additionally, as your business evolves or grows, ensure that your PLM system is updated accordingly.

For long-term success, it’s essential to raise awareness about how PLM benefits both individual employees and the company as a whole. Encourage a culture of continuous learning by offering ongoing training sessions and creating internal resources that highlight best practices.

Management support is crucial here. Leaders should actively promote the advantages of PLM adoption and ensure that all departments are on board with using the system consistently.

A successful PLM implementation depends on how well your team uses the system. Comprehensive, role-specific training is essential to fully capitalize on PLM capabilities. Start by offering tailored sessions for designers, engineers, project managers, and key users, using a mix of workshops, online modules, and simulations.

Establish ongoing support through a help desk or dedicated team to assist users as they adapt. Offer continuous learning opportunities, such as refresher courses and feature updates, to maintain engagement. Investing in training empowers employees to maximize PLM value and ensure long-term success.

Need help with PLM product lifecycle management?

Matthias Hogberg and team are on-hand to provide tailored guidance and support with a deep knowledge of the full Dassault Systèmes portfolio. Reach out for a free consultation today.

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