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Starting with product lifecycle management for shipbuilders

Product Lifecycle Management for Shipbuilders
As vessel complexity increases and the shipbuilding environment expands to include stakeholders across many geographies, it becomes increasingly important for shipbuilders to be able to access the right information at the right time. A product lifecycle management (PLM) system acts as the backbone of a shipbuilding enterprise, connecting disjointed software tools to ensure accurate change management, bill-of-materials management and supply chain management. Not sure where to start with product lifecycle management? Download the white paper for everything you need to know about PLM for shipbuilding.

How PLM software improves product lifecycle management for ships

Product and process knowledge are key resources in achieving business success. However, many shipbuilders struggle to use and manage these assets from project to project. PLM software brings together data from disjointed software tools in one centralized environment, which helps to:

  • Improve productivity and reduce cycle time

  • Reduce development errors and costs

  • Facilitate collaboration

  • Improve value chain orchestration

  • Provide better visibility to enable better business decisions

How shipbuilders can easily document change management

Change management is a key capability of a PLM solution. Because a PLM system is the single source of truth across domains and throughout the ship lifecycle, project changes are captured in real time. This ensures that all stakeholders are seeing the most up-to-date information at any given time. Having a PLM system with closed-loop change management supports collaboration and drives better decision-making.

How shipbuilders can accurately manage bill-of-materials

Another key capability of a PLM software solution is effective bill-of-materials (BOM) management. PLM software provides the visibility necessary to manage and present BOM information. It should manage that information across the full ship lifecycle, bridging the gap between the upstream stages and the downstream stages of the lifecycle.

How shipbuilders can efficiently monitor maritime supply chain management

A PLM system can help foster collaboration and information sharing throughout the supply chain as well. A PLM system can capture, share and maintain requirements in one place, providing the latest, most accurate information to stakeholders throughout the organization and the supply chain.

To learn more about the key capabilities and benefits of a product lifecycle management (PLM) solution, download the white paper.

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