plm-services

PLM Services

What is PLM?

Product lifecycle management (PLM) System is a system or software that manages and integrates all the product data, processes, business systems and, ultimately, people in an extended enterprise to make the best possible use of available resources in a company.

With & Without PLM Comparison

PLM connected with ERP and other business systems makes it possible to follow the lifecycle of each component and product, itself from its birth to retirement. This can be used for smarter decisions, finding root cause of problems, improving efficiencies, faster product development, increasing sales and reducing costs.

PLM System

PLM Services

PLM is our core strength with consultants coming from OEM organizations and having deep understanding of PLM and its application. We’re a small and yet a highly skilled team that have made key contributions to over 70+ PLM projects worldwide. PLM Nordic guarantees to reduce your costs and increase sales by Product Lifecycle Management (PLM), PDM and Digital Transformation Services. We provide PLM services in Norway, Sweden, Denmark, Finland, US, UK, Germany and India and looking for more.

Implementation Consulting

Implement new PLM solution from scratch or change existing

Customization
Services

Smart customizations which are upgrade friendly and independent

Enterprise
Integrations

Integrate PLM tool with ERP, CRM, BPM or other important business systems

Software Upgrade Services

Upgrade your PLM environment with our proven methodology

Data Migration Services

Data Migration from old system or file systems to PLM

Tech Support
Services

Cost effective support services with guaranteed SLA

Sub-Contractor Services

Loan our experts for your PLM endeavors

Sounds interesting?

email info@plmnordic.com or call +47 48 240 598

PLM FAQs

What is PLM?

PLM is both a process and a system to efficiently manage product from birth to retirement. PLM manages and integrates product data, processes, systems, and people so that you make maximum use of resources, produce highest quality at minimum cost. PLM2.0 makes use of digital transformation technologies to leverage your PLM.

How does PLM help in Digital Transformation?

Quality data is a basic requirement for implementing Digital Transformation components like Big data and AI. PLM provides a single organized source/truth for this foundational data. Moreover data gathered from IOT can be utilized to better and faster product development by making it available on context to designers. It is much easier to succeed with Digital Transformation if PLM is already in place. Journey to DT begins with Digitization and is incomplete without Digitalization.

CAD, CAM +++  – Digitization tools
PLM, ERP, CRM +++ – Digitalization tools
AI,ML, IOT, AR/VR +++ – Digital Transformation tools

How much does a PLM software cost?

Unfortunately, PLM Software cost is quote based and varies depending on which product vendor you choose.

Vendors have made it non-transparent and complicated, sorry to say. Cost depends on modules and packages you choose.

Siemens Teamcenter, PTC Windchill and Dassault Systems 3DExperience are the three major providers.

The license could be perpetual, meaning you own it forever or subscription based (pay per year).In perpetual license you pay a fixed cost per number of license and you pay an annual maintenance cost for getting new product updates and features.

Considering everything, for just guidance we can assume that typical cost could be over 400 USD per user per year for basic PLM modules. There are also many cheaper options available in the market from 100 USD if you do not want top three or choose different bundle. There is also many SAAS PLM options available in market. Some might be specialized for your business for example lot of apparel PLM vendors provide specialized software for fashion industry. PLM Software is costly, and many companies are spending millions per year on annual maintenance making it even more important to implement properly and make full use of it.

How much it costs to maintain a PLM software?

First you need to pay annual PLM software maintenance cost if you have perpetual license or annual subscription cost. Then you need to spend on resources like PLM administrator, PLM consultant (internal or external) to enhance, change, upgrade PLM.

The more customization you have built on PLM the more maintenance you need to perform which includes more testing and upgrade efforts. SAAS PLM save upgrade costs by getting the upgrades automatically but your customizations should be in permissible limits.

Why your company needs PLM when your company is still doing good with sales?

It’s good to invest your profits in PLM not only because it will give good returns on investment but also it will save your business from extinction. Next generation customers will not buy your products if they do not get more variety and unique experience. New generation of customer is extremely impatient, have short attention span and have more choices. It means you will have to launch new models, products and varieties at a much faster pace and produce them leaner and it cannot be achieved without PLM. PLM can increase product variety without increasing staff leading to higher sales. PLM can reduce cost of your products by efficiently utilizing resources and avoiding rework. Businesses who were doing great but did not adopt technology for betterment faced extinction.

What is the use of PLM?

PLM has many benefits or usages. Some of them are mentioned below.

  • Increase efficiency in product development by reducing time taken for data retrieval, search, storage.
  • Reduce costs by increasing part usage, reducing rework by giving accurate single source of up to date information.
  • Providing a system to manage complex processes and ensure compliance to it by providing tools like notifications, worklist, workflows etc.
  • Increase sales by making it possible to provide product configuration capabilities and reducing lead times and reducing cost of development.
  • Reducing costs by effective change management.
  • Make it possible to manage complex products and processes.

What does PLM stand for?

PLM stands for Product lifecycle Management

What are the components of PLM?

Components or modules in PLM are as follows:
Part management
BOM management
Document management
Release or change management
Access or Organization management
Product Configuration
Service Lifecycle management
Integration with MCAD, ECAD , ERP and other business systems

Which is the best PLM software?

The answer to this question is relative. You can ask which PLM software is best suited for your company as the top 3 providers Siemens Teamcenter, PTC Windchill and Dassault System’s 3DX (enovia) platform go neck to neck with functionalities and others also provide competitive platform. Which software is best for you depends on factors like which functionalities are critical for your business, which CAD & ERP software you use, how many users do you have, What particular modules are important for you, what budget you have, what requirements you have. Generally after assessing these factors one can say which software is best for you.

What is PLM strategy?

PLM is always a unique journey with lot of learning and adjustment over years because each company has different product, different culture, different organization and working methods. A well defined PLM strategy is necessary to be on a defined path otherwise it is very easy to get lost in software complexities and ad-hoc changes. Strategy should comprise of high level preferences like customization vs configuration, inhouse competency building vs outsourcing, single site or multi site hosting, long term and short terms goals or functionalities to achieve, what business problems to prioritize etc. PLM software and resources are costly, so company must keep a tab on the benefits. If not benefits are achieved then the return on investment is zero.

How do you manage the product life cycle?

You must first define all the processes like new product development, production (forecast to stock), procurement (requirement to stock), finance, service etc. Then define the sub-processes in detail. After that map those processes inside software tools like PLM, ERP, CRM, etc. There could be some overlaps or interfaces which are important. Principles like single source of data should be followed throughout.

How is open PLM?

Some PLM software are open source and can be tailor made to requirements easily. Degree of openness varies depending on vendors. Aras is perceived to be fairly open PLM.

What is CAD integration in PLM?

One of the core functionality of PLM software is to store and manages CAD data like 3D models and 2D Drawings generated in modern day CAD platforms like NX (Unigraphics) , CREO (ProE), Catia, Solidedge, Solidworks, AutoCAD, Inventor etc. This functionality is called CAD integration which provides check-in, ckeck-out., version control and many functionalities. Often you can search a part in PLM software or in CAD software directly and work with it. Degree of integration varies between pair of CAD & PLM due to vendors. For example Teamcenter PLM and NX CAD are from same vendor Siemens and provide excellent integration. Similarly Windchil CREO from PTC, 3DExperience (Enovia) Catia from Dassault Systems are examples of highly integrated platforms. From few years there is also trend for PLM vendors to be CAD independent and they support multiple CAD systems at the same time. ARAS do not have their CAD software hence is vendor neutral.

How does a PLM software looks like?

PLM software can be accessed in different forms. You can install it as a client software and access it by logging in using user ID and password provided by administrator. This is called rich client which gives you full fledge functionalities. Now a days all PLM vendors are moving towards web based access where you can open PLM software in a web browser. There are also other methods like a light weight client and  web client which are nothing but variations of first two methods. Software has different menus, icons, buttons to perform different operations like creating part, master data , BOM or searching etc. It also has workflows which can be used for approvals.

What are different integrations in PLM?

PLM software can be integrated with almost all business systems like ERP, Microsoft Office, MCAD, ECAD, Simulation and Other tools. Basic purpose of these integrations is to have a single source of truth (data) which often originates in PLM systems in the for of parts, bill of materials, data like part number, material, etc, and how to make instructions. PLM is pretty much recipe for the business product. Once recipe is final then the end product can be made in mass scale in ERP system.

What is SLM?

SLM or Service Lifecycle Management is the part of PLM which specifically deals with aftermarket or service functions also called MRO or Maintenance and overhaul. Usually it is the extension of PLM in terms of module. It has functionalities to capture as-built BOM, as-commissioned and as-maintained BOM. It can track serial numbers, part replacements in service, create service orders, spare part lists and all the functionalities like service planning, service executions etc required for service.

Why it is worth to choose PLM Nordic over any other PLM services vendor.

PLM on one hand has potential to transform your business in many ways to make you industry leader and on other hand it is costly to maintain and can easily drain your finances and loose management support.
PLM Nordic has hand-picked every consultant who have worked closely within businesses and understand how to make best use of it.
We guarantee the success of your PLM program which will put you and your company to newer heights.
We believe that you can do much better with that annual spend on your PLM budget.
We are not in favor of increasing software complexity and spend efforts on maintenance. We would rather help you simplify and move to higher levels of functionality.

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