PLMIG publishes the PLM Financial Primer

Oxford, England. October 14, 2013
 
The PLM Interest Group has published the PLM Financial Primer, which captures the results from the Manchester and Toulouse workshops and expresses the principles and issues at a level that everyone can understand.
 
As with many areas of PLM, context is very important, and the Primer explains the whole scenario, including the aims, principles, and the three main approaches to PLM financial management. It covers the potentially contentious issues of headcount reduction, and the timeframe in which results should be achieved.
 
The Primer has now been published as the Q2 2013 PLM Journal. Together with the Financial Systems Appreciation Handbook it will become part of the working material for the next workshops in the series.
 
These will focus on the techniques the PLM Team can use to set up proper financial management of their PLM implementation, and will be a major step forward in the process of establishing an industry-standard cost-benefit mechanism for PLM, and providing the financial proof of PLM benefits.
 
More information is available on the PLMIG web site, or via Email Contact.
 
The PLM Interest Group
The PLM Interest Group is the leading neutral industry group for PLM. It has developed the first ever PLM Governance Standard, together with a new generation of applied PLM material including the PLM Best Practice Library and the Path to PLM. Previously PLMIG workshop series have produced the PLM Benchmarking Handbook; the PLM Maturity Reference Manual; and the PLMuERP Handbook.
For more information, please contact:
Roger Tempest
PLMIG


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