Global PLM Priorities by Company Size
This IDC Perspective examines survey responses from more than 800 PLM and SLM decision makers, exploring current business concerns, future priorities, and PLM implementation goals. This document looks at manufacturing companies of various sizes as they transition from the challenges of trade wars and supply chain disruptions to generate new revenue and establish new markets. Small, medium-sized, and large manufacturers are using PLM to focus on higher product quality and greater collaboration, as a necessity for achieving growth and managing product complexity. "Manufacturers are in the middle of a strategic transition, from reacting to supply chain disruptions to developing and implementing aggressive growth strategies. Mounting costs and delays within product development, production, and support have become untenable so manufacturers are now defining a new normal, that counteracts uncertain workforces, supply chains, and market demands with greater efficiency, agility, and resilience. PLM is the foundation for key initiatives such as higher product quality, collaboration, data-driven innovation, and portfolio management," said John Snow, research director, Product Innovation Strategies.
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