Product Lifecycle Management

Product life cycle management is the series of strategies, business practices, and technology design for acquiring and maintaining product information across the entire life cycle of the product. The benefits of implementing PLM include the ability to boost development speed, enhance customer satisfaction, optimize operations, and create new revenue generation opportunities. By applying innovative business practices, modifying business culture and organizational structure, and leveraging technology solutions, companies gain the abilities to develop and maintain a consolidated version of product and compliance data, to create an integrated and proactive design process aligned with supply chain practices, and to accurately track product-portfolio performance during the life of the product. Essentially, practices become more efficient, cost effective, and the company becomes able to make better decisions to maximize product performance and reduce rates of product failure. Most importantly, small changes in PLM yield huge returns in profit and savings for any company.

Though the benefits are immense, many companies are currently not leveraging the advantages of PLM. Because of the rapidly and incessantly changing tastes and habits of the market, most companies release new products with more frequency, less efficiency, and without tracking the life of the product. This focus on frequency leaves less time for efficient practices and is often linked to lack of communication and alignment between departments. To exacerbate matters, almost 9 out of every 10 new products released on the market fail to meet revenue or share holder expectations or are unprofitable due to inefficient development or handling. However, a small decrease in product failures can mean massive affects upon the company’s bottom line. Additionally, as little as a 1% decrease in the cost of goods and 1% decrease in the cost of product development can increase a product’s ROI by 20%. PLM addresses all of these problems, and brings these returns.

Implementation of PLM, in the past, has been a daunting task, but Xavor leverages the best in academic research and industry best practices and translates them into your terms and specific to your industry so that your company can apply the concepts in a palatable, understandable, fruitful form. Xavor has already done PLM workshops for companies in the semiconductor industry with lasting, quantifiable results.

Xavor’s PLM Solution

plm offering Product Lifecycle Management

The Xavor PLM solution, using Microsoft Web technologies gives our customers a competitive edge in managing their product lifecycle. The PLM solution makes the customer’s product lifecycle management tasks, cost effective and efficient in tracking product development, quality, customer issues, and retirement.

brown bullet Product Lifecycle Management Concepts

brown bullet Product Lifecycle Management Product Design Tracking

brown bullet Product Lifecycle Management Launch Solutions

brown bullet Product Lifecycle Management Material Procurement

brown bullet Product Lifecycle Management Document Workflows

brown bullet Product Lifecycle Management Quality Assurance

brown bullet Product Lifecycle Management Product Retirement
plm lifecycle small Product Lifecycle Management

Click here for larger view

Industry Business Challenges

Manage product data through the extended enterprise

brown bullet Product Lifecycle Management Product data management, product definition, version management, packaging instructions

Reduce new product introduction cycle time

brown bullet Product Lifecycle Management Assembly instructions with BOM, package test instructions, wafer probe/sort instructions

Effective Change Management

brown bullet Product Lifecycle Management Assembly and fab instructions change approvals and notifications

Package Failures Tracking

brown bullet Product Lifecycle Management Customer returns processing, validation and acceptance, package qualification

Probe and Test Tracking

brown bullet Product Lifecycle Management Wafer probe/sort instructions, package test instructions, approvals and notifications to customers

Problem Defect Tracking and Partner Communication

brown bullet Product Lifecycle Management Problem Tracking and Failure Analysis

Enable global outsourced design and manufacturing

brown bullet Product Lifecycle Management B2B integration and knowledge sharing using Agile collaboration environment

Vendor Managed Inventory Integration

brown bullet Product Lifecycle Management B2B integration for vendor managed inventory using industry standard protocols (Gentran GIS, ebXML, RosettaNet etc)

Xavor SAT Offering

Strategist : Industry Domainbrown bullet Product Lifecycle Management Identify areas where PLM may provide strategic advantage to the clients business

brown bullet Product Lifecycle Management Establish PLM success metrics and assess and optimize business processes

brown bullet Product Lifecycle Management Implement industry “best practices” from experience accumulated from past customer engagements

Analyst : Business Processbrown bullet Product Lifecycle Management Analyze existing processes, data requirements and business needs

brown bullet Product Lifecycle Management Manage customer engagements, including project management, and coordination with third parties

brown bullet Product Lifecycle Management Work closely with customer support and engineering to maximize customer satisfaction

Technologist : Agile PLM Platformbrown bullet Product Lifecycle Management Agile PLM Administration (Installation/Configuration)

brown bullet Product Lifecycle Management Data migration from existing databases into Agile

brown bullet Product Lifecycle Management System Integration

brown bullet Product Lifecycle Management Agile Customization: Workflows, Process Extensions, Custom Solutions using the Java Agile SDK

brown bullet Product Lifecycle Management Upgrade Services

See how Xavor can take your competitive advantage to the next level?