Digital Enterprise Society Podcast

047: Companies Need PLM More Than Ever Before


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Digital Enterprise Society is the authority on the transformation to a digital enterprise, impacting all areas of an organization. Tune in for discussions among industry leaders about operations and action needed to drive digitization principles forward for the future of product development and life cycles. 

 

On today’s episode, Craig Brown and Thom Singer welcome Leon Lauritsen, Vice President and Partner at Minerva in Denmark, to discuss the critical role of PLM in manufacturing and the supply chain.  In recent weeks many companies have found themselves wondering if they can still keep their workforce operating in spite of the COVID-19 pandemic. These unprecedented times have proven that the need for company-wide adaptation of PLM is greater than ever.  Leon explains the reasons that companies need to overcome their excuses and implement PLM now. He shares insights into how to effectively introduce PLM into company processes and offers powerful career advice to anyone that is entering the world of PLM. 



On today’s podcast, you will learn:

 

Learning the tools of the manufacturing and supply chain

  • Manufacturing and supply chain tools becoming increasingly more complex
  • COVID-19 is presenting both opportunities and challenges in manufacturing 
  • Companies that are still struggling with people-dependency would benefit by adjusting their reliance on PLM tools
  • COVID-19 is illuminating the need for improved Information and process flow in manufacturing companies
  • Fear and incomplete information are two common drivers in not participating in PLM 

 

Why and how to fully implement PLM in any company

  • A simple adaptation of PLM is a fairy tale that too many people still believe in
  • Implementing PLM is not going to be as easy as people want to believe it will be
  • Organizational change will require time and commitment from the entire company
  • Best practices for PLM implementation include 
    • Identify key players that will commit to the change
    • Surround yourself with the right level of knowledge needed to implement change
    • Do not underestimate the power of the knowledge you need to have to make the right decisions for your company
    • Understand the differing industrial requirements and cultural differences in various geographic regions

 

Advice for newcomers to PLM 

  • Make sure that you have a clear and definite understanding of the needs and challenges of company you are working for
  • Understand that PLM is ultimately all about solving business challenges
  • Technology will continue to change, but a valuable employee is able to change with it 
  • If you can bring solutions to business challenges, you will always be able to grow your career

 

Continue the conversation with us within the Digital Enterprise Society Community at www.DigitalEnterpriseSociety.org

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Digital Enterprise Society PodcastBy Digital Enterprise Society

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