TECHNOLOGY Q&A

Product Lifecycle Management

What are the purposes of consumer goods PLM solutions?

In the fast-changing era of omnichannel commerce, consumer products companies are constantly challenged to achieve more with less. Today's consumers are demanding more innovative products with greater value. This new reality has led consumer product brands to a level of complexity that requires shorter design and development cycles, greater visibility and communication, and reduced cost.

CAD data management alone serves a limited number of stakeholders. By expanding the development platform to include users beyond engineering, companies can streamline processes, as well as foster collaboration across all related teams. A consumer products-focused PLM solution could be the single-most important investment for your company to ensure a competitive position and long-term success.