Product Lifecycle Management (PLM)
Daksh Technology offers comprehensive Product Lifecycle Management (PLM) services, strategically designed to oversee the complete journey of a product, starting from its conceptualization, progressing through design and manufacturing, and extending to service and disposal phases. Our PLM solutions seamlessly integrate people, processes, business systems, and crucial information across the entire enterprise ecosystem. By leveraging our PLM expertise, companies can enhance decision-making capabilities at every stage of the product lifecycle, ultimately driving efficiency, innovation, and sustainable growth.
Daksh Technology Product Lifecycle Management (PLM)
The key stages of the product lifecycle managed by PLM include:
Conception/Inception: This is the initial stage where ideas for a new product are generated. PLM may involve tools for concept development, feasibility studies, and market analysis to evaluate potential product concepts.
Design and Development: During this stage, product designs are created and refined. PLM tools facilitate collaboration among designers, engineers, and other stakeholders, enabling concurrent design, version control, and simulation to optimize product performance.
Manufacturing/Production: PLM ensures seamless transition from design to manufacturing by managing bills of materials (BOMs), production planning, quality control, and supply chain collaboration. It helps manufacturers streamline processes, reduce errors, and improve efficiency.
Distribution and Sales: PLM supports activities related to product distribution, including packaging design, labeling, and distribution planning. It may also integrate with customer relationship management (CRM) systems to manage sales data and customer feedback.
Service and Maintenance: After a product is sold, PLM helps manage service and maintenance activities, including warranty tracking, spare parts management, and field service support. This ensures optimal product performance and customer satisfaction throughout its lifecycle.
End of Life/Disposal: PLM includes capabilities for managing product obsolescence, recycling, and disposal. It helps companies comply with environmental regulations and minimize the environmental impact of their products.
PLM systems typically consist of software applications that provide functionality for managing product data, documents, workflows, and collaboration. These systems may also integrate with other enterprise systems such as enterprise resource planning (ERP), computer-aided design (CAD), and manufacturing execution systems (MES) to create a unified product development and management environment.
Our Belief
Overall, PLM enables companies to improve product quality, accelerate time-to-market, reduce costs, and enhance competitiveness by optimizing processes and fostering collaboration across the entire product lifecycle.