PLM Benefits, Metrics, and ROI

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PLM Benefits, Metrics, and ROI

A Complimentary CIMdata Educational Webinar with John MacKrell, Chairman, CIMdata

28 May 2020
11:00 EDT | 08:00 PDT | 17:00 CEDT

Do any of the following statements sound familiar?

Our management team does not understand the value that PLM brings to the organization.
PLM teams often do not set up metrics to track their PLM project’s implementation and adoption.
Justifying new or upgraded digitalization strategies is difficult when value can’t be enumerated.
Some people “believe” there is value in using PLM to support digitalization but can’t prove it.

This webinar will present ways that you can develop viable, realistic metrics and predict the cost of undertaking an initial PLM investment or upgrade. Organizations rarely make significant decisions without first understanding the value that they should receive as a result of an investment. This is especially true when the cost of doing something is substantial in actual money expended and/or in dedicating sizable numbers of human resources. PLM can require both, and if you want to add or improve PLM, for instance, to provide the foundation for strategies like digitalization, then you should be prepared to justify the cost and to demonstrate how you will measure the result to help maximize the value to the business.

Regardless of your state along the digitalization journey, you will find this webinar to be timely and informative. It will provide useful guidance on justifying PLM (and other similar tools) that can have a significant, positive impact on your organization. Attendees can come from many parts of organizations—PLM is cross-functional and feeds ERP, manufacturing, service, and other downstream processes. People from multiple levels in an organization will find the information pertinent and valuable.

What will I learn?

You will learn how to define metrics for PLM and other related digitalization initiatives.
You will learn what to do if you can’t pre-measure to get a baseline for metrics.
You will learn how to use metrics to support PLM adoption.
You will learn about PLM metrics and what other companies have achieved.

Who should attend?

Senior and middle managers, PLM team members, PLM users (engineers, manufacturing planners, installation and services practitioners, and others), IT, purchasing, and anyone impacted by how an organization justifies, promotes, and communicates PLM as a valuable solution in an organization.

During the webinar you’ll also have the opportunity to ask questions about the topics discussed.

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