Product Lifecycle Management

Product Life Cycle Management (PLM) refers to both a process and a product. The process encompasses every aspect of a product’s life cycle from concept to retirement. Based on the industry, there are varying demands and emphasis on aspects of the life cycle, but all products have a process-- formal or informal. Consider though the differences between an aircraft, a pharmaceutical drug, a flat screen television and a party favor. On the two extremes, a party favor often has a 1 day use, an aircraft may be fielded for half a century. Effective organizations develop formal processes and subprocesses to assist staff performing the activities in the product life cycle. The most effective organizations rely on Continual Process Improvement (CPI), and there is a general industry consensus that using Six Sigma and Lean principles engenders a methodical approach to CPI. Rejecting complacency with the current state of performing activities and processes, and endlessly striving for greater efficiencies, is the hallmark of an effective CPI initiative. The PLM processes provide the context for a CPI initiative. PLM products provide an IT infrastructure to institutionalize the processes. TransR provides the insight, business acumen and leadership to facilitate the definition of the PLM processes and the implementation of PLM products to support the business strategy and tactics. Our marquee service, Concept Formation, provides a framework to establish the requirements and operational concept using our proprietary methodology.

There are several key vendors and many secondary vendors offering enterprise products to capture, organize product information and facilitate the product process. PLM is one class of products, but there is a plethora of related technologies like Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Manufacturing Execution Systems (MES), and Maintenance, Repair and Overhaul (MRO) and Computer Aided solutions(CAx) like CAD/CAM/CAE. None of these Commercial-Off-The-Shelf (COTS) tools are an exact fit for your organization to utilize them effectively. Customization is inevitable; it’s just a question of degree. However, the value in using COTS tools resides in the inherent best practices incorporated in the product, and a generally substantial R&D budget to continually evolve the features of their product offering. When multiple COTS tools are deployed, a coherent web layer that embraces responsive design for mobile friendly interaction becomes invaluable. In all cases, the processes should be defined first. TransR resources provide decades of expertise in PLM product deployment as well as a holistic understanding of how to meld the various enterprise tools into a coherent product and process solution.