Datastay Corp., a leading provider of customizable, on-demand applications designed to support complex business processes such as product lifecycle management (PLM), quality management (QM), and new product introduction (NPI), presents the first in its PLM Fundamentals whitepaper series, entitled: "A Framework For Approaching PLM Initiatives"
The first in this series of whitepapers discusses a ground-up approach to product lifecycle management that can help organizations looking at PLM for the first time, or those that have already implemented systems. It focuses on the strategic considerations that must be given to any PLM initiative based on key principles:
• The fundamental objective of every PLM initiative is to maximize the profits that are contributed by each product to the organization’
• Every organization already has a PLM system in place which guides how products are managed across their lifecycle, from concept through to eventual market withdrawal.
• A strategic approach to PLM requires a comprehensive assessment of the processes that make up the PLM system in order to determine possible areas of improvement.
• Any process improvements that are undertaken as part of a PLM initiative must be strategic in nature and affect the organization’
• The choices as to which, if any software tools or system an organization should employ in its PLM initiatives
To access this free whitepaper or to learn more about Datastay PLM, our industry leading on-demand PLM application, please visit http://datastay.com/
