Challenges faced by product development teams include globalization, outsourcing, mass customization, fast innovation and product traceability. Additionally, organizations are being asked to do more with fewer resources; product complexity is increasing while product lifecycles are compressing. Furthermore, to be competitive, manufacturers not only need to increase the rate of product innovation but also accelerate time to market, while tightly managing costs and relentlessly driving quality.
New product development challenges also include external factors such as product proliferation, consumer awareness, fast-moving consumer trends and changing government regulations. At the same time, manufacturers must comply with an increasing number of standards and regulations. Equally important, interest in global product development is growing dramatically, driving new demands for distributed processes, collaboration, and global data management.
The Solution – SoftExpert PLM
SoftExpert PLM is an affordable, easy-to-use, and web-based Product Lifecycle Management (PLM) software that allows companies to manage the entire lifecycle of a product efficiently and cost-effectively, from conception, design and manufacture, through service and disposal.
SoftExpert PLM software can leverage data from across the enterprise to help managers make better decisions about product development, management, design, and production. It enhances the optimization of every step of the product lifecycle, creating higher quality products, launching new products in less time at a lower cost, and maximizing profits.
The solution provides a complete data management system that allows users to assign all of the data necessary to describe design, manufacturing, purchasing, quality/test, and service aspects of product records. Product data can be defined by any product object (parts/components, documents, Bill of Material (BOM), machines/instruments, costs, characteristics, etc). SoftExpert PLM software manages all product revisions and provides a complete audit trail detailing all historical changes.
Product Lifecycle Management – PLM
With SoftExpert software for Product Lifecycle Management, companies can promote tight integration with their ERP system and CAD software, providing timely and transparent access to the most important product information (assemblies, parts, drawings, etc.), tracking engineering changes, and maintaining the appropriate relationships between the CAD design objects and the product structure. IT managers can take advantage of their current and future CAD tools without having to make sacrifices by committing to a single CAD system.
SoftExpert PLM considers risk management, product quality (including FMEA and SPC tools), process management, reliability, project management, change management, supplier management and document management as a single and unified solution, significantly integrated into the product’s definition and lifecycle. It allows managers to work faster and more efficiently by capturing, sharing, managing, tracking, and storing documents, tasks, and product information in a central data repository, fostering standardization across the enterprise.
Reduce product cost and greater profitability.
Decrease cost of new product introduction.
Enhance product innovation.
Create quality products, faster.
Less scrap & rework.
Greater design efficiency.
Improve business and operational processes.
Standards and regulatory compliance.
Improve design review and approval processes.
Improve integration and communication with extended supply chain.