Today’s electronic products are changing faster than ever. Automating the lifecycle management of a system and products is essential to achieving a single source of information and streamlined processes from concept to the end of life. Automation can provide the right information at the right time.

For modern electronic systems it means that in design, it means using digital solutions that collaborate. In manufacturing, it means streamlining the product handoff from design to manufacturing, requiring a complete, shared understanding of the product. After it’s delivered, it’s about how to continue delivering increasing value to customers.

Watch this webinar to learn how product lifecycle management (PLM) software can streamline the product development process and improve profitability for electronics manufacturing companies.

How automating with product lifecycle management (PLM) benefits electronics manufacturing companies

The lifecycle of today’s products is complex and carries a great deal of information that needs to be managed and shared. Automating and sharing this critical information along with integrating the tools and processes needed to accomplish the work is essential for electronics manufacturing companies to deliver successful products to market faster.

New innovations in technology are continuously driving and accelerating the changes in the development of today’s electronics products. To automate a product’s lifecycle and ultimately increase profitability, give users all they need to accomplish the task, give the information to them when they need it and provide information to users in a way it can be understood. Automating with PLM enables teams to collaborate, ultimately increasing time to market.

Understanding the essentials of product lifecycle management for electronics manufacturing

Investments in PLM could generate up to 50% higher returns if electronics manufacturing companies apply a sharper prioritization toward digitalization.

The most impactful integrated lifecycle management systems include:

  • Product and process data management
  • Product roadmap
  • Requirements and verification management
  • Program and schedule management
  • Quality planning
  • Issue management
  • Operational dashboard and reporting
  • Insights and analytics
  • Traceability

Leveraging product lifecycle management to improve electronics product performance and continual improvement

For optimal electronics product performance, integrated lifecycle management for electronics:

  • Ensures a single source of information
  • Manages all aspects of a system from concept to end-of-life
  • Helps product development teams deliver more products faster
  • Empowers electronics manufacturing companies to make unified, data-driven business decisions

By embracing Product Lifecycle Management to automate each stage of the product's design, manufacturing, and service lifecycles, there's opportunity for continual improvement and business growth.

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