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What is PLM?

Product Lifecycle Management (PLM) is the process of managing the entire lifecycle of a product from inception, through engineering design and manufacture, to service and disposal of manufactured products.

 

PLM integrates people, data, processes and business systems and provides a product information backbone for companies and their extended enterprise.

 

The goals of PLM are to reduce time to market, improve product quality, reduce prototyping costs, identify potential sales opportunities and revenue contributions, maintain and sustain operational serviceability, and reduce environmental impacts at end-of-life.

 

PLM systems help organisations in coping with the increasing complexity and engineering challenges of developing new products for the global competitive markets.

The Problems: Analog Email and Spreadsheets

Email and Spreadsheets
  1. You rely on email as a reporting tool, which means that you have to ask 3+ people to get a status report on a project, program or order.
  2. Your critical processes are locked within the brains of your long-term employees, the departure of any one of whom would be devastating.
  3. Your product data is in countless locations and formats (ERP, Excel, CAD, MS Access Databases, PDM, Network drives, Sharepoint, Email, etc.).
  4. There are many “sources of the truth” about products, including multiple BOMs, resulting in products that are not built as designed or as ordered.
  5. There are some doubts starting to percolate about your product quality, but you have no way to confirm or deny because once something ships you lose the ability to track performance or complaints.
  6. Engineering changes are out of control, resulting in confusion, delays and lost revenue. Most of these issues are process problems. Fixing them requires new processes, but those will have to be supported by software that is more sophisticated than email and disconnected databases.
Email Reporting Tool

1. You rely on email as a reporting tool, which means that you have to ask 3+ people to get a status report on a project, program or order.

Long Term Employees

2. Your critical processes are locked within the brains of your long-term employees, the departure of any one of whom would be devastating.

Multi Location and Formats

3. Your product data is in countless locations and formats (ERP, Excel, CAD, MS Access Databases, PDM, Network drives, Sharepoint, Email, etc.).

Multiple Truths

4. There are many “sources of the truth” about products, including multiple BOMs, resulting in products that are not built as designed or as ordered.

Quality

5. There are some doubts starting to percolate about your product quality, but you have no way to confirm or deny because once something ships you lose the ability to track performance or complaints.

Engineering Changes

6. Engineering changes are out of control, resulting in confusion, delays and lost revenue. Most of these issues are process problems. Fixing them requires new processes, but those will have to be supported by software that is more sophisticated than email and disconnected databases.

The Solution: Digital Transformation with Bombyx PLM

Hover over a room to see how Bombyx PLM benefits your business and its departments

Business Departments (Medium and Large Devices)
Design Sourcing and Buying Merchandising Product Development Logistics Planning Management Executives

Design

  • Higher focus on product design and innovation
  • No duplicate data entry
  • Savings through the re-use of original data
  • No conflicting modifications or deletions. full version control and audit trail
  • Reduction on manual errors
  • Easy access to live, up to date BOM libraries
  • Improve operational efficiency
  • Automate review processes and approvals with workflow
  • Collaborate easily across the entire organisation
  • Drive visibility and accountability through ownership
  • Overall increase in productivity

Sourcing and Buying

  • Improved forecasting to reduce material costs
  • Ability to provide manufacturers with access to a centralized product record
  • Ability to quickly identify potential sales and revenue contributions
  • Evaluate and respond to price quotations
  • Improve operational efficiency
  • Automate review processes and approvals with workflow
  • Collaborate easily across the entire organisation
  • Drive visibility and accountability through ownership
  • Overall increase in productivity

Merchandising

  • Manage departments, ranges and specific product developments and orders
  • Reach performance targets, with the use of live up-to-date product data and information
  • Instant access to the costs of products and their components as well as visibility of budgets, what’s spent, and sales intakes with product
    sale profits, mark-ups and margins
  • Aid decision making through historic sales data to assist in selecting successful product development and launches
  • Instantly available visual line/range plans
  • Improved operational efficiency
  • Automated review processes and approvals with workflow
  • Collaborate easily across the entire organisation
  • Drive visibility and accountability through ownership
  • Overall increase in productivity

Product Development

  • Single source of truth
  • No conflicting modifications or deletions. full version control and audit trail
  • Savings through the re-use of original data. Easily find and re-use components/designs
  • No duplicate data entry
  • Reduce waste
  • Easy access to live, up to date BOM libraries
  • Reduce manual errors
  • Ability to provide manufacturers with access to a centralised product record
  • Savings through the complete integration of engineering workflows
  • Reduce prototyping costs
  • Improved product quality and reliability
  • Shrink time to market
  • Improve operational efficiency
  • Automate review processes and approvals with workflow
  • Collaborate easily across the entire organisation
  • Drive visibility and accountability through ownership
  • Overall increase in productivity

Logistics

  • Full transparent visibility
  • Workflow automation for products, prices, developments and orders, samples, tasks and more
  • Priority listings that can be managed through dashboards, as well as automated, and semi-automated features for speed to market efficiency
  • Improve operational efficiency
  • Automate review processes and approvals with workflow
  • Collaborate easily across the entire organisation
  • Drive visibility and accountability through ownership
  • Overall increase in productivity

Planning

  • Comprehensive and collaborative Range planning
  • Full, live, transparent lifecycle status of all products
  • Aid decision making through historic sales data to assist in selecting successful product development and launches
  • Improve operational efficiency
  • Collaborate easily across the entire organisation
  • Drive visibility and accountability through ownership
  • Overall increase in productivity

Management

  • Available on demand
  • Permissions controlled functional access
  • Savings through the complete integration of engineering workflows
  • Documentation that can assist in proving compliance
  • Improved product quality and reliability
  • Collaborate easily across the entire organisation
  • Full transparency on product statuses across all departments
  • Build and review accurate reports, promptly
  • Be confident that information is accurate and the latest version

Executives

  • Available on demand
  • Permissions controlled functional access
  • Instant access to the costs of products and their components.
  • Full visibility of budgets, what’s been spent, and sales intakes as well as product sale profits, mark-ups and margins.
  • Aid decision making through historic sales data to assist in selecting successful product development and launches
  • Instantly available visual line/range plans
  • Savings through the complete integration of engineering workflows
  • Improved product quality and reliability

The Solution: Digital Transformation with Bombyx PLM

Tap a room to see how Bombyx PLM benefits your business and its departments

Design Sourcing and Buying Merchandising Logistics Product Development Planning Management Executives

Design

  • Higher focus on product design and innovation
    • No duplicate data entry
    • Savings through the re-use of original data
    • No conflicting modifications or deletions. full version control and audit trail
    • Reduction on manual errors
    • Easy access to live, up to date BOM libraries
    • Improve operational efficiency
    • Automate review processes and approvals with workflow
    • Collaborate easily across the entire organisation
    • Drive visibility and accountability through ownership
    • Overall increase in productivity

Sourcing and Buying

  • Improved forecasting to reduce material costs
  • Ability to provide manufacturers with access to a centralized product record
  • Ability to quickly identify potential sales and revenue contributions
  • Evaluate and respond to price quotations
  • Improve operational efficiency
  • Automate review processes and approvals with workflow
  • Collaborate easily across the entire organisation
  • Drive visibility and accountability through ownership
  • Overall increase in productivity

Merchandising

  • Manage departments, ranges and specific product developments and orders
  • Reach performance targets, with the use of live up-to-date product data and information
  • Instant access to the costs of products and their components as well as visibility of budgets, what’s spent, and sales intakes with product sale profits, mark-ups and margins.
  • Aid decision making through historic sales data to assist in selecting successful product development and launches
  • Instantly available visual line/range plans
  • Improved operational efficiency
  • Automated review processes and approvals with workflow
  • Collaborate easily across the entire organisation
  • Drive visibility and accountability through ownership
  • Overall increase in productivity

Logistics

  • Full transparent visibility
  • Workflow automation for products, prices, developments and orders, samples, tasks and more
  • Priority listings that can be managed through dashboards, as well as automated, and semi-automated features for speed to market efficiency
  • Improve operational efficiency
  • Automate review processes and approvals with workflow
  • Collaborate easily across the entire organisation
  • Drive visibility and accountability through ownership
  • Overall increase in productivity

Product Development

  • Single source of truth
  • No conflicting modifications or deletions. full version control and audit trail
  • Savings through the re-use of original data. Easily find and re-use components/designs
  • No duplicate data entry
  • Reduce waste
  • Easy access to live, up to date BOM libraries
  • Reduce manual errors
  • Ability to provide manufacturers with access to a centralized product record
  • Savings through the complete integration of engineering workflows
  • Reduce prototyping costs
  • Improved product quality and reliability
  • Shrink time to market
  • Improve operational efficiency
  • Automate review processes and approvals with workflow
  • Collaborate easily across the entire organisation
  • Drive visibility and accountability through ownership
  • Overall increase in productivity

Planning

  • Comprehensive and collaborative Range planning
  • Full, live, transparent lifecycle status of all products
  • Aid decision making through historic sales data to assist in selecting successful product development and launches
  • Improve operational efficiency
  • Collaborate easily across the entire organisation
  • Drive visibility and accountability through ownership
  • Overall increase in productivity

Management

  • Available on demand
  • Permissions controlled functional access
  • Savings through the complete integration of engineering workflows
  • Documentation that can assist in proving compliance
  • Improved product quality and reliability
  • Collaborate easily across the entire organisation
  • Full transparency on product statuses across all departments
  • Build and review accurate reports, promptly
  • Be confident that information is accurate and the latest version

Executives

  • Available on demand
  • Permissions controlled functional access
  • Instant access to the costs of products and their components.
  • Full visibility of budgets, what’s been spent, and sales intakes as well as product sale profits, mark-ups and margins.
  • Aid decision making through historic sales data to assist in selecting successful product development and launches
  • Instantly available visual line/range plans
  • Savings through the complete integration of engineering workflows
  • Improved product quality and reliability

Your Single Source of Truth, Under One Roof

Bombyx Circle

The Return on Investment of our PLM

Bombyx PLM Graph

What our collaborators are saying

"It's very exciting to see something that matches our expectations of how things should be, and a pleasure to deal with people who “speak our language”.

This is why we ultimately felt comfortable and chose to sign on with Bombyx PLM.”

Michaela Silverman

Rekucci

 

"Out of all the PLM systems we've seen, Bombyx PLM is by far the most attractive in aesthetic, and definitely the easiest to use and navigate."

Marie Laskowski

Missguided

"Bombyx PLM is incredibly easy to use, it gives us a clear overview of our developments and takes out a lot of the administrative work out of our workload. It is also really great value for money!"

George Kara

GEORGEBLACK