ERP-PLM Integration For Effective Supply Chain Management

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ERP-PLM Integration For Effective Supply Chain
Management
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• Product lifecycle management (PLM) is a crucial
  business component for companies operating in
  manufacturing and supply chain industries to
  channelize their sales cycle. Developing and
  implementing a PLM software enables businesses to
  steer clear of the challenges associated with
  supply chain management. It is, therefore,
  critical to have your ERP systems integrated with
  a PLM software to efficiently manage supply chain
  activities. The ERP-PLM integration is even more
  important for small-scale manufacturers who are
  normally competing at many different levels. It
  would not only streamline their production
  processes but would also help them align their
  operations in accordance with the latest quality
  standards.
• Here, we shed light on the importance of ERP-PLM
  integration for small and medium-sized
  manufacturing companies. At the same time, we
  highlight different ways that PLM integration
  helps streamline operations associated with
  supply chain management.
• https//erpsolutions.oodles.io/blog/erp-plm-supply
  -chain/

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• What Is Product Lifecycle Management?
• Product lifecycle management (PLM) is a
  sequential process of managing different
  activities associated with a product from the
  time of its inception. It includes product
  design, development, manufacturing, quality
  control, sales, distribution, and customer
  service management. That being said, developing
  and implementing a PLM software helps streamline
  the aforementioned processes, accelerates
  time-to-market, and delivers maximum customer
  satisfaction.
• Understandably, product lifecycle management is
  increasingly important for businesses of all
  types and sizes regardless of the underlying
  industry. However, manufacturing and supply chain
  industries come at the forefront of PLM
  applications and business use cases. In the
  following section, we shall explore the benefits
  of integrating PLM software with ERP systems for
  effective supply chain management.