Developing a plm

strategy and conducting

PLM assessment

PRESENTED BY:
NIHAL DURUGKAR
VIVEK BURE
TREVOR MENZES
 STRATEGY
SINCE PLM is an enterprise wide issue, strategies at varying levels and over
varying time frames need to be developed and coordinated.
WHAT IS A STRATEGY ?
Strategy is a plan with the goals and objectives that we are seeking to
accomplish.
PLM is a part of the strategy to reach some goal or objective. PLM is an
enabler of the goals of the organization, but is not an end goal in itself.
THE ELEMENTS THAT ARE THE PART OF THE STRATEGIC PLAN FOR PLM :
1. A vision of the future
2. A realistic assessment of where we are today
3. A plan of action for bridging the gap between the reality of today and
the vision of tomorrow
4. The capabilities and resources necessary to carry out that plan.
STRATEGY A plan of action
for bridging the
gap between
the reality of
today and the
vision of
tomorrow

THE ELEMENTS
A plan of action
THE ELEMENTS THAT ARE THE for bridging the
THAT ARE THE
PART OF THE
PART OF THE gap between
the reality of
STRATEGIC PLAN STRATEGIC today and the
FOR PLM : vision of
PLAN FOR tomorrow
PLM :

THE ELEMENTS
THAT ARE THE
PART OF THE
STRATEGIC PLAN
FOR PLM :
IMPACT OF STRATEGY
Individual PLM projects can and should be justified on the basis of their
own Return on Asset (ROA’s) or Return on Investment (ROIs).
The purpose of PLM payback schedule is :
Short Term PLM returns are obtained by implementing Applications.
Mid Term returns are obtained by implementing Systems.
Long Term returns are obtained by implementing Overall Strategy for
PLM.