Product Lifecycle Management: challenges and benefits
A Product Lifecycle Management (PLM) is an approach, a process, allowing businesses to manage information throughout the entire product lifecycle, from idea generation, through design and manufacture to disposal.
Nowadays, companies have to manage an ever-increasing volume of information in less time and with fewer resources. This challenge is accentuated by the use of different tools from one department to another. In addition, each business unit creates their own files – for instance, multiple Excel files –; therefore, it can become difficult to track the different versions. Collaboration and communication are not always optimal.
A PLM software is a key solution for your product development. It allows businesses to manage their product development in a more efficient and cost-effective way. Product lifecycle management integrates people, documents, data, and processes. This solution is the backbone which:
Lascom PLM Software
Lascom offers a complete and innovative Product Lifecycle Management software. Lascom PLM will allow your company to easily solve complex challenges. The solution allows businesses to manage the lifecycle of, not only their products, but also their projects and programs. Lascom helps its clients to accelerate the creation of projects, speed up time-to-market, while managing risks.
Our solution supports all departments of a company, from Marketing, R&D, Procurement, Quality to Compliance. Lascom PLM allows consolidation of knowledge and data from every department. Integrated reporting tools enable companies to leverage feedbacks and results from past projects.
In addition to the operational and tactical benefits, our solution helps you establish and manage the strategic plan of your company.