Issue In Focus: The Integrated ERP-PLM Strategy
The modern manufacturer relies on strong enterprise systems to stay competitive in today's global, challenging, and uncertain markets. Of all of the solutions that manufacturers employ, ERP and PLM are the primary systems driving product profitability. The integration of these solutions has increased and advanced as manufacturers' use of the systems has matured. Combined, ERP and PLM can provide greater value, closing the loop on product lifecycles and product innovation. After all, a major product innovation such as introducing a new product can't contribute any revenue if the enterprise can't execute on sourcing, manufacturing, and selling it effectively.