Product Lifecycle management | SAP PLM | Document Management System

Product Lifecycle Management

SAP Product Lifecycle Management (PLM) solution provides a single platform to all the solutions for industries whose products are of the category, Research & Design, Build to Order, Engineered to Order, Assembled to Order or Mass Production.SAP PLM helps in triggering new business opportunities by collecting ideas from all possible touch points ( Sales, Service, Resellers, Partners, Customers, Marketing, and so on) and ensuring a follow-up and assessment by the appropriate business owners, such as the business developer for a specific category. A centralized idea pool is used to identify new business opportunities, share ideas and execute feasibility assessments with cross-functional teams. This data is then shared with all process participants using concept genealogies and feasibility investigated based on assumed risk.

Service Offerings

SAP PLM solution provides:

  • Requested concept information via an easy to use interface
  • Identifies constraints early on through cross-functional sharing of concept, data and information
  • Links concept evaluation to standardized, transparent criteria related to market attractiveness and technical feasibility
  • Fine-tunes the process by full documenting go/kill decisions
  • Easily compares and prioritizes the concepts based on predefined key figures
  • Optimizes the product innovation process.

Methodology

The main stages in Product Lifecycle Management (PLM) solution are

  • Market Introduction Stage ( Concept > Design & Engineering > Prototype)

  • Growth Stage (Production Ramp up)

  • Mature Stage (Product improvement & change management)
  • Decline Stage( Product Phase Over)

Document Management System (DMS) of SAP plays a key role in integrating the various components of Product Lifecycle Management (PLM). It supports the solution from the very initial stages of product conceptualization through the last quality documentation that may become important evidence indicating the completion of useful life of the `product'. The easy DMS is a complementary tool provided by SAP which further simplifies the DMS application in terms of usage and organisation of product documentation. Apart from all that has been mentioned above, the following logistics modules along with the indispensable CO module build up the Product Lifecycle Management solution.

  • Project System
  • Engineering Change Management
  • Classification System
  • Production planning for process industries
  • Quality Management
  • Materials Management


Best Practices

Consulting competency:

Zensar has been in the frontline of implementing solutions in Engineering, Pharmaceutical and Chemical industries for over a decade. Its enormous pool of talented business and SAP Product Lifecycle Management (PLM) solution engineers have brought laurels from clients because of the solutions provided in the area of product life cycle development and management. Some of the Product Lifecycle Management (PLM) areas where Zensar provided high-end solutions in recent past are:

  • Program and project management with the help of cProjects and Project Systems
  • Quality Management
  • Resource and portfolio management with x-RPM
  • Enterprise asset management
  • Life-cycle data management


Value Proposition


  • Cost reduction - The solution also allows you to manage the cost of changes and evaluate the progress of projects across product lines. It also helps in controlling the cost of relationship management.
  • Improved business results - The solution allows you to explore new market opportunities, gain a higher market share, and increase customer satisfaction.
  • Higher product quality - It allows you to manage product quality throughout every phase of the product life cycle.
  • Improved cycle time - The solution reduces time to market by integrating supply chain management and procurement.
  • Better decision making - The Product Lifecycle Management (PLM) solution supports decision-making at all levels with powerful analytics covering areas such as portfolio management, occupational health, product safety, product quality and maintenance management.
  • Lower cost of ownership - It can be integrated with operational systems, such as computer-aided design, ERP, CRM, SRM, and SCM systems. Using a modular approach, you can implement gradually to meet evolving needs.


 

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