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Companies of all sizes are now investing in product lifecycle management (PLM) software to gain better control of their product development processes and reach their commercialization targets. Yet, industry surveys indicate that some companies struggle to implement PLM successfully.1 Doug Johnston, Solution Architect at Arena, a PTC Business was a recent recipient of the PTC Change Maker award...
Internal quality audits are crucial for ensuring regulatory compliance and identifying operational strengths and weaknesses in product development and manufacturing sectors, especially in regulated industries like aerospace and medical devices. In-house expert Christine Pompa emphasizes strategic planning and empathy during audits while utilizing a quality management system, such as Arena QMS to effectively align teams and assure adherence to various regulations.
Why do many products fail? There are several factors that contribute to companies not reaching their commercialization targets. Some include: Lack of understanding of the end-user goals and challenges Inability to mitigate risks or unforeseen disruptions Poor product quality or design Lack of product differentiation To illustrate, the Segway Electric Scooter’s introduction was met with a fast...