The Pros and Cons of Product Lifecycle Management (PLM) video series brings together a team of experts from a variety of professional backgrounds, all well-versed and knowledgeable in the field of PLM.
Our expert panel consists of SAP’s Sarah Mei Niesel, (host) Stefan Ziegler, Andreas Madlencnik, Ulf Petzel, James Osborne, and Thuc Nguyen, as well as Prof. Juergen Weiner from University Furtwangen, who collectively boast an impressive portfolio of professional expertise in areas of project management, business development, academia, global presales, and solutions advisory positions within SAP and associated organizations.
Through multiple episodes, the series pivots around the advantages and potential drawbacks of integrating Product Lifecycle Management into operational frameworks. The panelists underline the impact of PLM on organizational efficiency and productivity, underscoring its potential to revolutionize operational structures.
However, their discussion does not shy away from the potential challenges and downsides of PLM when it comes to vendor lock-in, the sustainability of long-term commitments and complexities around PLM integration.
The deep dive further illuminates how PLM software can significantly fast-track product development cycles, thereby reducing time-to-market. Key insights into features such as collaborative design, adhering to industry regulations through PLM's assistance, and striking a delicate balance while customizing PLM software to foster scalability and manage potential challenges are discussed as well.
Moving forward, the expert panel shares insider views on selecting a PLM system, emphasizing the value of optimizing processes with an end-to-end digital thread, and maintaining data consistency across systems. They also place value on the importance of involving multiple departments in strategic decision-making processes.
This comprehensive exploration of Product Lifecycle Management is envisaged to provide a crucial understanding of the pros and cons of PLM along with expert advice around the topic. It aims to shed light on how PLM can streamline processes, enhance collaboration, and propel innovation in your business.
🎥 Watch all 5 parts of the series here and find many more videos related to SAP PLM!
💡Join our PLM Experts Forum on LinkedIn to stay connected with other PLM enthusiasts and check out our SAP PLM website at www.sap.com/plm
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