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Product Life Cycle and Manufacturing Innovation

Tags : PLM, product life cycle management, Manufacturing innovation, production facitliy, quality management, product innovation, value added initiatives, research, research & develoment, R&D
Industry : Industrial Products/Heavy Machinery
Functional Area : R&D
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About "Product Life Cycle and Manufacturing Innovation" topic:

Manufacturing companies view technology and business innovation in products and processes as key to transforming their organizations. Product life cycle and manufacturing innovation will be one of the key areas that we will examine in this topic. The application of IT for creativity and innovation in manufacturing has a greater potential than what has been realized across the manufacturing industry in general.


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Success in an increasingly competitive and disruptive global manufacturing marketplace will depend on innovation, with IT advancing value-added initiatives from the research laboratory, the product design team and the manufacturing operations. Everyone involved in the product creation process, from ideation through retirement, can make valuable contributions.

So, let us discuss everything like, what Innovative product opportunities exist for manufacturers, and what sort of strategy, technology, techniques where both suppliers and manufacturers leverage to accelerate product innovation?

3 insight , 3 idea contests on topic: "Product Life Cycle and Manufacturing Innovation"
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1 Collaboration is the need of the hour
2 PLM and its role in Innovation
Jayant Vishnu  |  Added idea  "PLM and its role in Innovation "  |  3 years ago
the crux is to create a global innovation network, which allows thoughts and ideas to be shared for each and every aspect of the product lifecycle. Product lifecycle Management (PLM) is the digital platform companies use to build their global...
Dipti Mehta  |  Added idea  "Collaboration is the need of the hour"  |  3 years ago
To remain ahead of customers and service their needs, the call of the hour is infusing a sense of collaboration, not only within the organization, but also across the entire stage of the product life cycle and value chain. It is critical to...
 
 
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1 Digital simulation and visualization –
2 life cycle stage
sreekesh sreekumar  |  Added idea  "life cycle stage"  |  1 year ago
spending according to the life cycle stage of product and market needs may balance it
S.Radhakrishnan  |  Supported idea  "Digital simulation and visualization – "  |  1 year ago
On the one hand,if a new product is developed in a wholistic manner involving the Manufacturing also along with other relevent functions,then only the manufacturing systems need to be visualised & simulated for optimising the manufacturing. On the...
jairaj shyam prasad  |  Supported idea  "Digital simulation and visualization – "  |  2 years ago
thank u Isha for referal.today we are living in more advanced,fast technological world.naturally bringing new things with low costs is a real challenge to any manufacturing industry.i think "segmentation" of work will be of some help in bringing...
 
 
Ideate: "How to balance product innovation with profitable growth? " deleted from your view.
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1 Understand & Act Wisely
2 based on customer prefer
Kuldeep Tanwar  |  Supported idea  "Understand & Act Wisely"  |  1 year ago
act wisely for turning the business context into reality is more important.
rubyjoy  |  Added idea  "based on customer prefer"  |  1 year ago
understand the customer needs and the market situation and the faults if any in the product and plan for the development of the quality of the product
abhishek paul  |  Supported idea  "Understand & Act Wisely"  |  2 years ago
understand and act wisely- entirely depend on market- in turn depends on customer satisfaction. ask for 360 degree feedback from market overview. install information kioks, customer satisfaction form while purchasing the product. all this help us...
 
 
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People often describe Product Lifecycle Management (PLM) as a technology. It is more appropriately described as a strategy for making companies more innovative and productive by applying a number of technologies. These tools enable manufacturing companies to capture, use, and build upon the intellectual property created by design and manufacturing engineers, and to do so all the way from the concept of a product to the very end of its life. A few years ago, it became apparent that manufacturing companies needed technology to capture essential data, usually embodied in engineering activities and documentation, to make it available when required to those who needed it, and still to keep it se...
hardeep singh  |  Commented  |  1 year ago
why is it must that we must use word kaizen rather than say simmply change to better n then to best then to perfect then again modify it,what i believe is, perfection is never achieved only state of satisfaction is achieved and we always...
AJITH ALEX JACOB  |  Commented  |  1 year ago
Now, it is agreed upon that PLM is an excellent tool to bring about increased productivity by keeping in the complexities of change management in mind, however, the PLM products offered by software firms are either not fully baked or incompetent...
 
 
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Hi, frnds I would like to share this piece of information. Hope this will be useful to many.....  
himanshukumar natvarbhai vaghela  |  Commented  |  1 year ago
HI FRINDS IWOULD LIKE TO SHARE THIS PIESE OF INFORMATION IWILL DEVELOPE MY KNOWLEDGE&SKILL.
bharat  |  Commented  |  1 year ago
yes that is right but every one share new technologies
Mohammad Bakhsh  |  Commented  |  2 years ago
Thanks, Isha .It is an excellent piece of knowledge information i have come across.You dream an idea and the process of development is ready.IBM and DELMIA have done a yeoman service to the creative people.
 
 
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