FOUR COMMON PLM INTEGRATIONS BASED ON YOUR UNIQUE BUSINESS NEEDS:
1. Computer-Aided Design (CAD)
CAD software is integral to product designers and development. It helps designers create designs in both 2D and 3D to better visualize what the product will look like. CAD also enables the development, modification, and optimization of the design process. When PLM platforms and CAD solutions are tightly integrated, they can work more productively by streamlining the exchange of design data and ensuring the latest design revisions are available to the team. With this integration, errors are decreased, design revisions happen more quickly, and collaboration between engineers and designers is improved.
2. Enterprise Resource Planning (ERP)
ERP is a business system the entire organization (or enterprise) utilizes for daily planning and transactions. It covers a wide range of corporate operations including sales, services, procurement, inventory, facilities, and human resources. The integration of PLM and ERP systems offers several benefits such as streamlined workflows that connect upstream and downstream processes, better accuracy, and information across the company. Also, there is less rework along with increased visibility and coordination, which contributes to cost savings.
3. Customer Relationship Management (CRM)
CRM is a solution for managing your company’s business relationships, potential prospects, and interactions with customers. It helps you stay connected to customers, improve profitability, and streamline customer related processes throughout the customer lifecycle, giving you a comprehensive picture of your customers—in one location. Modern CRM solutions integrated with PLM offers several advantages: Companies can quickly take action on their customer/product feedback scores by informing product design what’s working, what’s not, and whether the product meets market demands. This enables a dynamic feedback loop where product enhancements are continuously informed by real-world usage, leading to products that not only meet but exceed market expectations.
4. Internet of Things (IoT) Device Integration
IoT enables connection to people, products, and processes to improve efficiency, maximize revenue growth, and reduce costs. PLM integration with IoT devices enables companies to gather valuable data and information from products in the field. The results can be used for predictive maintenance, quality improvements, and product enhancements. By linking PLM with IoT, companies can proactively address issues and deliver a better customer experience.