Oxford, England. March 16 2015 -- Enterprise-wide PLM is a major financial investment for a company, and it needs to be very clear to everybody why the investment is being made.
In America, new ideas need to be backed by a compelling message, and there is now a compelling message for PLM:-
The proof comes from the PLM Project Justification Handbook, which enables PLM Managers to create a complete set of quantified, financial metrics for implementing PLM.
The methodology is concise and direct, and this clarity resonates with the stakeholders from around the company who may be asked to give of their time.
The outputs are clear, and everyone can see the results that will come from their efforts.
One widespread issue in the United States is that PLM may have to compete for funds with much larger ERP projects. ERP is seen as easier to justify because of PLM's "qualitative" nature, and because ERP "saves real dollars".
The PLM Project Justification Handbook changes this. Now PLM saves real dollars, and makes real dollars in improvements and opportunities.
More information is available on the PLMIG web site. The Handbook and its supporting toolset are available via PLMIG membership.
For more information, please contact: