Fort Collins, CO (PRWEB) February 04, 2014
Integware, a leader in providing revolutionary PLM consulting, would like to announce the release of a new whitepaper discussing the value of product lifestyle management (PLM) when it comes to cutting manufacturing costs. The report is available at no charge on Integware’s website.
“In today’s economy, it’s important to save costs wherever you can,” says an Integware spokesperson. “Our new report clearly lays out how proper PLM can help businesses cut their manufacturing costs and save money.”
The whitepaper includes metric claims from various industry sources and a discussion on how PLM can have an impact on them. Topics covered include:
-How PLM can help companies save up to 5% on direct material costs and 15% on direct component costs.
-How PLM can help companies reduce scrap, excess, and rework between 40% and 60%.
-How PLM can help reduce the number of designed parts by up to 55% (less for higher volume parts).
Ultimately, each manufacturing company must decide what numbers to use in a ROI assessment. With the aid of this whitepaper, businesses can make an informed decision about how improved PLM can specifically help improve their bottom line.
“This whitepaper can prove essential for businesses when determining how and where they can cut costs,” says an Integware spokesperson. “It can help businesses and PLM consultants make the right decisions about PLM consulting, PLM evaluation and overall PLM strategy – all for no cost.”
For more information, visit http://www.integware.com/.
Integware is a company that is committed to doing what is right in the face of challenge and adversity. They are principled, trustworthy and continuously strive to improve themselves and their customer experience.
They help their clients overcome and transform their most pressing business challenges by accelerating innovation, reducing product development costs, maintaining compliance and driving strategic business development. Integware’s deep understanding of software, process and industry standards have helped them develop a rich set of best practices that are able to be leveraged across all industry segments.