Technology Solutions for Collaborative Product Lifecycle Management – Status Review and Future Trend

Abstract

In the modern global economy, companies are facing ever-increasing challenges for short time-to-market to enter into the market early, for reduced time-to-volume to occupy the market quickly, and for decreased time-to-profit to get return from market shortly. Product lifecycle management (PLM) is recognized as one of the key leading technologies to facilitate companies to overcome these challenges, which will offer companies a new way to rapidly plan, organize, manage, measure, and deliver new products or services much faster, better, and cheaper in an integrated way. Following this trend, this study proposes a full scenario of technology solutions for PLM based on the complete analysis of business drivers, industry requirements, limit of current solution, and recent state-of-the-art review in the domain related to PLM. Potential industrial impact of the developed PLM technology solutions is analyzed. It is hoped that the proposed PLM technology solutions will form the frontier basis for further research, development, and application of PLM systems to quickly adapt to the dynamic changing market for industry companies to pursue the most advanced competitiveness.Key Words: product lifecycle management, collaborative product service, product lifecycle process management, product lifecycle knowledge management, product data management.

The Role of Internal and External Sources of Knowledge in the Product Lifecycle in Biotechnology Sector

“…Maintaining the proper balance in using the two sources of knowledge will present companies with a new way to identify, organize, manage, and deliver new products or services to the market much faster, better, and cheaper in an integrated way. This is also in line with Product Lifecycle Management (PLM) concept, which enables manufacturing organizations to obtain the greatest competitive advantage by creating better product in less time and at a lower cost while benefiting from collaborative creation, management and the use of product previous knowledge (Ming et al, 2005). To maintain performance expectations, a firm should utilize distinct strategies for acquiring knowledge depending on the firm's innovative goals and other internal factors.…”

PLM as a strategy for the management of heterogeneous information in bio-medical imaging field

“…The complexity of products in these domains, as well as the increasing competition caused by the global market, established the need for a better product data management (PDM) system (Ming et al, 2005). To stay competitive by reducing product lifecycle duration, the main concern was to provide the right information in the right context at the right time among the global flow of information and throughout the lifecycle of the product (Ameri and Dutta, 2005).…”

“…By the end of the nineties, data management systems such as product lifecycle management (PLM) systems started to be intensively implemented and deployed in companies (Ming et al, 2005;Ameri and Dutta, 2005;Terzi et al, 2010). In a competitive environment, employees must collaborate inside and outside the company to share heterogeneous data and knowledge throughout the whole product lifecycle, whatever their role and wherever they are.…”

“…PLM integrates modelling, engineering, manufacturing and project management software into one collaborative platform (Ming et al, 2005). When PLM systems matured from PDM (Grieves, 2005), manufacturing companies evolved from managing documents to the management of enterprise concepts.…”

A Possibilistic Approach for Aggregating Customer Opinions in Product Development

“…Product development is a field of study where the activities underlying a product life cycle are studied in a concurrent manner [1][2][3]. The internal customers (personnel of the concerned organization) first determine the needs of the external customers (the real potential customers who will use the product for their own ends).…”