Keep The Money in Your Pocket

Data Management & PLM | 27 September 2018 | Team EACPDS

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We tend to operate our businesses like we’re playing a game of telephone…and it’s costing us all money.
You don’t have to be a genius to know that within many companies’ sales, marketing, and R&D teams serve separate functions. With different goals, targets and initiatives these teams tend to collaborate among themselves using the same system of record.

For example, within the same company, a department may rely on Product Lifecycle Management (PLM) systems while others may depend on Enterprise Resource Planning (ERP), Manufacturing Execution System data (MES), and Quality Management Systems (QMS).

Marketing, Management, Purchasing, Engineering, Technical Publications and manufacturing all need to operate off product designs and Bill of Materials (BOM), but while doing so people are likely to interrupt engineering to get information.

With this information they ask different questions, have different intentions, and speak different departmental languages.

The reality is; this inaccessible data is about the same product that happens to be housed in a system you can’t normally access.

By resorting to these misaligned processes, we end up operating on data without its entire context, therefore we lose productivity to requests for data and the switching costs of changing tasks.

Besides, these interruptions are generally counterproductive, especially when you’re working on one task and you’re interrupted regarding a completely different topic.

Without a single means to bridge these systems, your company is missing out on valuable information, time savings, and productivity.

We live in a world where siloed departmental communication doesn’t need to be the norm, after all technology is just about everywhere!

By integrating your critical data into a centralized location, your organization will increase visibility, and achieve better, more informed business decisions.

With technology that exists today, your separate departments can pull data from multiple systems into easy role-based dashboards, providing greater visibility and enhanced analysis.

The result is a rapid way for your team to get data from the vast data pool within your organization, and access it in an easy to consume space.

One of the ways we transform the way companies design, manufacture, connect, and service their products is by value stream mapping ‘Product Development Systems’ and looking for ways to ensure people have access to the information they need when they need it.

Tools like Thingworx Navigate, for companies invested in PTC’s Windchill solution, or the standard Thingworx platform and PLM Apps for those that aren’t, are helping companies pull information from different departments, systems, vendors, etc. to make sure every role has a simplified view of the information they need, when they need it, without slowing down any other departments.

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