Manufacturing Industry
Can midsize manufacturers effectively use PLM?(Ask Aberdeen Group)
Manufacturing Business Technology, May, 2006
Like larger manufacturers, small to medium-size enterprises (SME) focus product strategy on revenue growth in combination with cost reduction to achieve profitable growth. A recent study from Boston-based Aberdeen Group, PLM for small to medium-size enterprises benchmark report, addresses the challenges SMEs face in implementing product life-cycle management (PLM).
SMEs that seize the opportunity to improve product innovation, product development, and engineering processes receive tangible benefits on par with larger manufacturers, including increased revenue, reduced product cost, and decreased development cost. To address increasing complexity of product-development environments and meet strategic goals for profitable growth, many SMEs are planning...
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