Infor PLM (Product Lifecycle Management)

Build quality, compliance, and sustainable profit growth into your new products with industry-specific PLM solutions

Successful new products and continual product improvements are the lifeblood of your company's growth and profitability. With 80% of costs, 90% of regulatory risks, and 60% of market acceptance being fixed in the development phase, new product success rates are largely determined in the product development phase. Can you still afford to do business as usual? If only 30 to 40% of new products meet targets, can you afford to continue to receive this return on product development investments? Since materials largely provide most of your products performance, you are likely outsourcing more production and risk to your products or brands. Can you afford to not to integrate suppliers into your processes? Can you still fix problems in production that impact quality, production yields, and customer service or are you using digital manufacturing and production simulation to improve first pass yields, reduce costs, and improve customer service?

Infor PLM (Product Lifecycle Management) helps your business maximize profit by optimizing every stage of your product's life, from bids or project request to portfolio management, to product development, to scale up, to ongoing maintenance and retirement. It integrates product information from design and engineering with sourcing, compliance, suppliers, sales, marketing, customers, and supply chains to speed product development, ensure quality, and mitigate regulatory risks.

Infor PLM has helped companies like yours:

Improve product innovation
Drive revenue growth with successful new products and line extensions
Boost new product profitability by up to 10%
Reduce time to market by up to 50%
Reduce late in cycle rework by up to 60%
Ensure product safety and compliance
Improve on-time product launches or bid request by up to 98%
Reduce manufacturing rework or excessive field service costs

Product Spotlight: click here for information about specific Infor PLM Products

Infor PLM is made up of discrete, process and soft goods PLM solutions that are used by forward-thinking companies around the globe to transform products into profits. Each solution is built on an integrated set of solutions, work processes, projects, and data that provides one source of truth. Standard integration to Infor and other leading ERP systems, other enterprise solutions, like Infor SCM Advanced Planner and Infor SCM Demand Planning, and leading CAD/CAM software, eliminates data lead times, costs, and manual entry requirements.

Industry-specific Product Data Management (PDM)—Built on complete product structure and supporting data by industry, PDM lets you manage more information and ensure product compliance. Since PDM leverages leading search applications and security, it allows you to increase reuse and drive out costs and time. Integrated industry-specific modeling applications, validation, and work flow minimize time to find relevant data, spreadsheet development, and manual processes. Automation and better information eliminate non value-added tasks and manual routing queues.

Project, Portfolio and Bid Management—A set of integrated project management and development (R&D) applications that speeds development of new products and variations by managing all aspects of the project. With the ability to manage multiple types of business processes that vary by industry and business unit, you can leverage industry specific new product development and introduction, line extensions, quality issues, bids or projects and sample requests. Having a configuration industry specific template allows companies to eliminate non value added tasks and associated lead times, resource consumption and costs.

As the speed of market, technology, and internal changes are ever increasing, companies need to make smarter decisions to maximize return on investments and align your best resources and opportunities. Industry specific and cross industry analytics like collection planning, material analysis and product lifecycle analysis can increase your return on product develop investment and increase product success rates.

Collaboration—The seamless integration of customers, suppliers, and/or partners shortens time-to-market, reduces costs, improves quality, ensures compliance, and increases innovation.

Compliance—Experts agree that product compliance poses a much greater challenge than financial risks. With the pace of new legislation increasing, products becoming more complex, and markets becoming more global, compliance costs and risks will escalate. With just one recall or missed major product launch, a company's financial well-being and reputation can be severely impacted. Integration of compliance into all products and processes will allow your company to meet compliance mandates at a lower cost and without significantly impacting your productivity.

Sustainability or green—Sustainability provides a unique opportunity to reduce compliance risks, lower costs, be more competitive and drive increased revenue. To be effective and capture the opportunity, sustainability needs to integrated into all aspects of planning, developing, introducing and sunsetting of products.