Enterprises across the globe engaged in product design and manufacturing are experiencing pressures as never before. Forward looking companies are actively pursuing the 4th dimension of success that is ‘Innovation' and adopting fast, collaborative product development technology to lay out new generation of product development foundation which is fast, responsive , adaptive and innovative. Today companies have to find a reasonable and accountable answer to the challenge of “Mass Customization”. Mass
customization describes the increasing individualization of products and services. An individual product shall be offered for appropriate costs and with sufficient variability and adaptability to each customer, who can use this product exactly in the way he wants. This can be achieved by ‘Product Lifecycle Management' (PLM), which covers the integrated organization and administration of the product life cycle. PLM consists of different components, which are used in meaningful coexistence, context, and clearly defined co-operations. Three views on PLM have evolved the product view, the process and organization view, and the data and information view. These all are embedded in the knowledge around the product as well as about its processes of development,manufacturing, utilization, etc. This paper gives an insight into these three views on PLM together with its associated benefits to the manufacturing industry.
Keywords: Product Lifecycle Management, Mass customization, Enterprise Resource Planning
[...] For manufacturing managers, the problems that take place in release to manufacturing are Multiple changes to the product Control of enterprise-wide data exchange, 3.Resource management across the value chain Control production schedules. [1]It's not surprising that the process cause many sleepless nights. Yet, in today's intensely competitive business environment, the typical release to manufacturing process simply doesn't cut it anymore. There's a better way to manage this crucial process, and it's easier than most manufacturers imagine INTEGRATION OF ENGINEERING AND The major roadblock to an efficient release process is the act of making changes to post-production MANUFACTURING products. [...]
[...] Harnessing the Internet and corporate information networks to extend the use of Common Database across the extended enterprise brings a new level of decision support and collaboration that breaks down the barriers of design segregation and further accelerates the product development process. The Role of Common Database, which integrates engineering and manufacturing, is presented in Fig.1 PLM is achieved through construction of the broadest and most integrated solution that is fundamentally based on maintaining a common database of all the departments concerned in the lifecycle of a product. [...]
[...] Shorter Time-to-Market Providing an automated flow of information eliminates the errors related to manual tasks, and reduces the number of changes that delay the product launch Capturing and controlling information early in the design process Before major costs are incurred—can reduce the potential for miscommunication, and therefore reduce design errors that are between 100 to 1000 times more costly to reverse when they reach manufacturing CASE STUDIES Lifecycle Management in Shipping The concept of collaboration is not a new one. [...]
[...] IBM PLM Solutions, with CATIA® V5 for collaborative product development and ENOVIA™ for product data and lifecycle management developed by Dassault Systems, will purchasing system, and updating the information is crucial. The latter would be the responsibility of the suppliers, who, after all, want the correct data when a quote or order is received. ‘ShipServ”, as a provider of supply chain management (or e-procurement) tools also supports e-monitoring efforts of various suppliers of engine parts. ShipServ's hub, channeling communication initiated by the supplier who is aware of the parts' performance onboard, perhaps even before the ship becomes aware of it. [...]
[...] The Product First Roadmap connects a company's corporate strategies to a set of prioritized business initiatives and identifies the recommended product development process fundamentals that a company should optimize in order to achieve the greatest value. Research shows that 80% of a product's cost and nearly all of its competitive differentiation is determined prior to release to manufacturing. Optimizing product development process is critical to realizing the value in PLM and making corporate strategies and initiatives successful. PRODUCT DEVELOPMENT AND PLM Product development is complex process. [...]
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