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Faster time to market, lower costs cited
DESPITE THE challenges, implementing a product life-cycle management capability can give manufacturing companies a competitive edge in a recovering economy, said users at a conference organized here last week by PLM software vendor MatrixOne Inc.
The benefits include faster time to market, lower costs and more component and technology reuse, they said.
But the complex integration and customization issues that have long scared users off large PLM deployments continue to be substantial obstacles, they added.
"PLM is all about revenue growth," said Glen Waisner, president of The Hayes Co., a manufacturer of lawn and garden equipment in Valley Center, Kan.
The company, whose clients include big-name retailers such as Wal-Mart Stores Inc. and Target Corp., recently implemented a PLM capability in a bid...