Jun 28, 2011

SofTech Announces Educational White Paper: The 3 R's of PLM

Product Lifecycle Management (PLM) Key to Productivity Improvement Initiatives of Global Product Development Companies; Free Educational Briefing Identifies 3 Essential Elements for Justifying a PLM Initiative.

SofTech, Inc, a proven provider of product lifecycle management (PLM) solutions announces the availability of a new educational paper entitled The 3 R’s of PLM. This white paper is geared towards those decision makers in all types of product development companies that are looking to improve business practices, global competitiveness and the bottom line.

In today's competitive global market, companies are implementing PLM to streamline processes, which positively impacts productivity, quality and time to market. Within this white paper, SofTech identifies three essential elements of justifying a PLM initiative, the 3 R’s:

1) Recognize the Need
2) Retain your Intellectual Property
3) Realize the Return on Investment

This paper focuses on the importance of understanding business deficiencies and recognizing areas for improvement to validate the PLM initiative. Additionally, SofTech highlights how PLM provides the foundation for companies to retain and leverage intellectual property and gain the measurable benefits that define the return on investment.

For a complete copy of this PLM briefing and others, including the Top 10 Business Reasons for Implementing PLM, visit http://www.softech.com/whitepapers/?ref=3R for a complimentary download.