Data and Processes Key to Manufacturing Product Lifecycle Management

By Scott Frappier | May 18, 2020

Data and processes key to manufacturing product lifecycle management

Manufacturing Product Lifecycle Management

Product lifecycle management (PLM) is at the core of manufacturing success. Understanding each phase in your product’s journey helps you understand item popularity, lifecycle, and projected phase-out dates so you can strategize effectively. From product design and configuration to production and distribution, having the right tools and systems in place can help keep your entire team informed.

While most manufacturers have a PLM solution in place, many are not yet taking advantage of new technology solutions which helps you understand your data and take actions to streamline production and focus your efforts to become more successful. There are two core components in an effective PLM system:

  1. Data and information centralization
  2. Process flows to streamline communication and access to data

By centralizing your data and enabling process flows, you’re ensuring each department has access to the same up to date information. Let’s dive into the information lifecycle that flows through the Manufacturing Product Lifecycle Management system.

Product Development

In the product development phase, your team can analyze data from existing products to help produce higher-quality pieces. Through historical data on rework, revisions, and warranty claims, your product development team can generate new product designs that are higher quality and less likely to require ongoing product support. Within the system, all details on design and collaboration, intake and requests, focus groups, and testing is stored.

Product Cataloging

Tracking each product, bundles, families, and expiration dates is all core data in the product catalog. Additional information and fields can be added based on the required business needs. Centralizing product information in a single database allows the sales team visibility into products that should be sold together, popular items, and inventory levels. Additionally, this information can be routed outside of the PLM system into a portal where customers can access the information and place orders independently.

A portal also gives your customers the ability to view previous orders, pay invoices, read knowledge-base articles, reach your customer service department, and much more. Empowering your customers with access to this information will lead to stronger sales, on-time payments, and a more loyal customer.

Order Processing and Production

As orders are placed either through a portal or by a member of the sales team, that order is automatically routed via a business process flow to hand off information to the production department who can then begin the work if items are not already in inventory. BOMs, assembly instructions, and other pertinent information to the production process are automatically generated from the system and routed to the appropriate team members for execution.

Quality Control

Automated control measures are put into place to maintain the highest level of quality possible for each item being produced. Using IoT, you’re able to track equipment efficiency, any production issues, employee performance, manufacturing speed, and much more. Smart manufacturing devices can help not only improve the speed of the production facility, but also the quality of items being produced.

Ongoing Support

With access to all historical data – from product development to sales and production, your warranty and product support teams have the information they need to resolve any customer questions or needs. With data and process flows at the center of your PLM system, your manufacturing company will have the information and insights you need to:

  • Improve processes and production
  • Increase quality
  • Collaborate across departments with real-time information
  • Reduce costs and increase efficiency
  • Have a clear understanding of your product’s lifecycle from beginning to end

While this just scratches the surface of product lifecycle management, hopefully, it brings into focus the important role that data and a connected system plays in a successful manufacturing operation. To learn more about how your business can use Dynamics 365 to streamline production and gain control of PLM, reach out to Stoneridge Software.

Related Posts

Recommended Reading:

Stoneridge Software Selected for 2022 Microsoft US Partner Award – Dynamics 365 Business Central

Stoneridge Software is honored to be selected as a 2022 Microsoft US (MSUS) Partner Award winner for Dynamics 365 Business […]

Read the Article
6.29.22 Dynamics CRM

Reduce Manual Data & Increase Productivity with Dynamics 365 for Sales

Dynamics 365 for Sales has a ton of great features to help automate processes for you and your team to […]

Read the Article

Dynamics 365 Business Central Boolean Field Bug Temporary Fix

If you are a Dynamics 365 Business Central cloud (SaaS) customer who is using Edge or Chrome to run the […]

Read the Article

Using Non-Sequential Numbering to Prevent Locking In Your Dynamics 365 Business Central System

Running into locks in your system? Enable non-sequential numbering on your number series to prevent number series locking issues! As […]

Read the Article
6.24.22 Dynamics GP

Uncommonly Used Features: Setting Up Account Categories in Dynamics GP

This is the final part of my current series on Uncommonly Used Features in Dynamics GP. In this post, I […]

Read the Article

Increase User Productivity in Dynamics 365 Business Central with These 10 Tips

There are constantly evolving ways for you to increase user productivity in Dynamics 365 Business Central. Here are 10 tips […]

Read the Article

Star Tribune Lists Stoneridge as a Top 200 Workplace for 2022

Stoneridge Software’s emphasis on creating a positive and flexible culture has earned recognition as a top workplace in Minnesota. The […]

Read the Article
6.14.22 Dynamics GP

Uncommonly Used Features – Reconciling Sub-ledger to GL using the Reconcile Routines in Dynamics GP

As we continue the uncommonly used features series, with this post I want to show you how to reconcile your […]

Read the Article

Organize and Prioritize Your Resources with Dynamics 365 Field Service

As a manager, Dynamics 365 Field Service lets you optimize the use of your employees, their skillsets, and other resources […]

Read the Article

Start the Conversation

It’s our mission to help clients win. We’d love to talk to you about the right business solutions to help you achieve your goals.

Subscribe To Our Blog

Sign up to get periodic updates on the latest posts.

Thank you for subscribing!

X