Product Lifecycle Management (PLM) helps manage the entire lifecycle of a product. SWEP has purchased a PLM solution from Siemens.

PLM keeps track of product lifecycles

PLM is the process of managing the entire lifecycle of a product from its conception, through design and manufacture, to servicing and disposal. PLM integrates people, data, processes and business systems, to name just a few.

According to Staffan Selander, IT Manager at SWEP, PLM functions as a huge tool box that can carry out a multitude of tasks.

PLM is vital to a company's information technology structure. It involves communications and information with customers, suppliers, resources within the enterprise and planning. It helps companies to develop, describe, manage and communicate information about their products.

It is not just about software technology; PLM is rather a business strategy. It has emerged from tools such as CAD, CAM and PDM, but now concerns more the integration of these tools with methods, people and processes at every stage of a product's life.

Over the past decade, players such as manufacturers of instrumentation, industrial machinery, consumer electronics and packaged goods have realized the benefits of PLM, and they are increasingly adopting efficient PLM software.

Anders Svahn, Sales Account Executive at Siemens PLM Software, says PLM will be a key enabler for product development, collaboration and the communication of product information within SWEP's organization.

“SWEP is a market-leading global company with a high rate of innovation,” Svahn says. “PLM will help SWEP to be even more innovative and efficient, while freeing up resources through knowledge sharing, with constantly available, quick and easy access to correct product data, documents and drawings. It will also act as the single source of information for the products developed and supported within SWEP, while supporting the main processes for design, release and change management.”

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Teamcenter
Siemens' PLM platform is called Teamcenter. It is a market-leading, well-proven and scalable solution supporting the whole lifecycle, from idea to end of life.

With Teamcenter, companies can establish a foundation for PLM for the future, with the possibility of expanding in other areas to support manufacturing and process planning, simulation data management and supplier relationship management (SRM), to name just a few – all within the same PLM solution.


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