Manufacturers Using Product Lifecycle Management (PLM) Tools to Collaborate across the Product Lifecycle More Likely to Hit Time-to-Market, Revenue, Cost Targets
Aberdeen's "The Product Lifecycle Collaboration Benchmark Report: The Product Profitability 'X Factor'" examines manufacturers' challenges, goals, and approaches for five forms of collaboration. The five forms analyzed are design collaboration, value chain collaboration, project collaboration, real-time meeting collaboration, and 3D publishing.
"The research shows that most collaboration comes early, before the product launch," says Jim Brown, Aberdeen Vice President of Product Innovation research and report author. "Companies are successfully using the five different forms of collaboration at different times in the lifecycle, and in different ways. Collaboration later in the product lifecycle, particularly 3D publishing and reusing CAD models for downstream documentation, is displaying the fastest growth."
The report also identifies "X factors" or best practices -- organizational structures, processes, and technologies -- that differentiate best in class companies and deliver competitive advantage. These include:
* Collaborating externally. Top performers collaborate with customers and suppliers more frequently than their peers -- 75% versus 62% -- and 50% more with third-party engineering teams. * Collaborating across the lifecycle. Top performers collaborate on more topics and more frequently, for example, on systems-level design and manufacturing instructions. * Developing a collaboration platform. In all stages and types of collaboration, product data management (PDM) are more widely used by best in class companies, which also use more specialty PLM tools such as digital mockup tools
To download a complimentary copy of the report go to: http://www.aberdeen.com/link/source.asp?cid=3192&pid=PR071006
AberdeenGroup, Inc. provides fact-based research and insights focused on the global, technology-driven value chain. Aberdeen's benchmarking, market and solution assessments, sales acceleration programs, and conferences support Global 5000 value chain and technology executives and the solution providers who serve them.
For more information, visit http://www.aberdeen.com or call 617-723-7890. Contact: Jim Brown, AberdeenGroup 610-565-6302, Email Contact
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