PLM: Enabling Smarter Decisions And Better Products
These are challenging times for the manufacturing industry in India. A lot of people back then, including many manufacturers themselves, thought that more efficient foreign manufacturers providing higher quality products would completely wipe out manufacturing in India. While PLM is a vast domain with several solution sets, one could classify them into three broad areas: digital product development, digital lifecycle management, and digital manufacturing. PLM software has evolved over the years, from simple CAD tools, to integrated information systems that contain intelligent product and process information, thus supporting effective decision making across the lifecycle. When Maruti Suzuki India Limited experienced increasing market pressures to introduce new product models in a shorter timeframe, they decided to automate their die design process with the help of digital product development tools.
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