PLM
Shorter development times, higher product quality, more variants – development of new products in the automotive and component supply industries is shaped by growing requirements from the customers and the market. Success factor number one in the tough competition is a lean and efficient Product Evolution Process, PEP.
Challenges of end-to-end PLM
The product evolution process must allow consistent management of all relevant product information – throughout the product's entire life cycle. With Product Life Cycle Management (PLM) it is possible to influence the classic Key Performance Indicators of the PEP positively. For the automotive industry this means specifically: minimising development costs for every vehicle that is produced.
The five most important goals for implementing end-to-end PLM are:
- Manage the many variants and the product complexity
- Transform the product evolution process
- Optimise profits with targeted product cost management and reduced development costs
- Integrate and qualify suppliers as innovation and value added partners
- Reduce warranty and goodwill costs
Support in every phase of the project
Cirquent offers companies in the automotive and components supply industries individual consulting services for every phase of the project – starting with management consulting for Innovation & Product Life Cycle Management through process-oriented consulting to implementation and operation of IT solutions.
The Cirquent portfolio for Innovation & Product Life Cycle Management has five focuses:
- Customer-oriented PEP
- Product and project management
- Communality and variant management
- Supplier collaboration
- Electric/electronics and mechatronics PLM
