Enhance Your Product Development With the Right PLM Solution

In today’s fast-growing, competitive economy, the need to think big, act fast & gain result is more than ever before. Every business aims to gain a competitive advantage by improving its product development – with PLM solutions. Product Lifecycle Management is today’s all-encompassing approach for innovation. Besides having matured to become a mission-critical system for successfully driving product development, a PLM system provides the foundation for companies to compete in an innovation environment that constantly demands rapid time to market, multi-company collaboration, high product quality, and a cost- effective product cost.

Most of the modern day high-tech manufacturers face top-level business drivers such as short product lifecycles, leading to pressure in meeting the frequently changing consumer tastes. The ability of PLM to optimize the introduction of new product at reduced costs, the ability to eliminate non-value-adding processes, the lowering of queue times through automated workflows and the minimizing of re-work at all stages of the product lifecycle through virtual product development and collaboration has made PLM the most cost effective sought after technology today.

Successful product development in today’s competitive global market requires a comprehensive engineering and the implementation of a robust PLM (product lifecycle management) system to streamline the product development process. Investing in the right PLM solution helps improve the product development process by integrating people, data, processes and business systems and providing a product information backbone for companies and their extended enterprise.

Implementing an integrated PLM solution establishes transparency to comply with industry regulations, as it ensures the documentation of production performance. An organization needs to understand what the technology should address, able to choose a PLM system that will help develop high-quality products more efficiently. While selecting a new technology is a challenge for any organization, these tips can help:

· Perform a business process and technology rationalization exercise as part of the PLM implementation

· Develop a long term plan for Product Lifecycle Management by carrying out a requirements gathering exercise

· Besides understanding the impact to your organization, it may also be prudent to consider introducing a change management plan

· It is best to implement PLM in small and measured steps, primarily as a phased implementation approach greatly reduces the risk

Enhancing the product development requires a successful PLM implementation with complete commitment from many levels of an organization. Partner with the right vendor to enable real-time collaboration among research and development, engineering, purchasing, manufacturing, sales, and service on new product development.

Benefits of Using PLM As a Quality Platform

To be successful in today’s competitive business environment, an organization needs to align its strategic goals to increase top and bottom line improvements while better responding to customers’ changing demands. To make that happen, an enterprise needs to effectively capture, manage, and leverage all intellectual property pertaining to its products. Product Lifecycle Management (PLM) is a prudent business strategy that business needs to adopt to improve product quality and stay successful in the market.

By implementing a Product Lifecycle Management (PLM) system, companies can simplify and reduce each phase of the product development process. While a PLM system is implemented to support all engineering processes and address challenges with continual new product introductions, there are often budget restraints. Due to these restrains, quality processes are often managed manually with in-house tools such as Excel spreadsheets. Using PLM as a quality platform can help organizations not only address the challenges and provide additional benefits.

· Get Accurate Product Information – PLM provides a holistic approach to managing data, and offers an easy and central location to track and manage all product related information. Using PLM as a platform for quality management, helps streamline independent data sources to deliver more accurate product information, improved knowledge sharing, design processes, and better visibility.

· Identify Areas for improvement – Using PLM as a quality platform provides accurate product and quality information in real-time across the enterprise. All reporting capabilities for performance metrics and trend analysis can help identify areas of improvement as well as support continuous improvement initiatives.

· Stay Compliant – PLM ensures that organizations have the right processes in place. PLM systems facilitate compliance management by storing all compliance data, automatically tracking all product changes, managing all quality items such as CAPAs, and providing the necessary audit reports.

· Improve Product Design – While PLM delivers key functionality to streamline each phase of a product’s lifecycle, implementing a quality system at the product concept stage in PLM offers visibility into product design that can help avoid potential manufacturing issues.

· Reduce Cost of Quality – PLM reduces cost of quality by identifying key problem areas. It also helps adopt improvement practices that result in efficiencies such as higher quality products from suppliers, fewer product returns and shorter time-to-market, which contribute to a lower cost of quality.

On the whole PLM Services focuses on reducing time-to-market of products, maintaining engineering efficiency and optimizing plant productivity, as well as improving product traceability and quality. While PLM was intended to manage product data throughout the product life cycle, the right PLM software solution is crucial to offer easy and instant access to product data including specifications, and other parameters and documentation.

Best Tips to Get the Best Auto Loan

Getting a bloom and medical allowance adduce provides a bulk of things. Firstly, you are assured of a assurance net in times of accidents, ailments, as able-bodied as injuries brought on the body. Secondly, through bloom and medical insurance, you can backpack out class tests, screens as able-bodied as vaccinations appropriately ensuring that you are calm and calm and in acceptable health.

With a all-inclusive bulk of insurers alms these services, the charge for a bloom and medical allowance adduce that best fits into your claimed needs, wants, as able-bodied as preferences can never be overlooked. There are a bulk of means that you can get allowance quotes. The actual aboriginal adjustment involves analytic online for quotes.Most insurers accept taken up the use of the online aperture to acquaint and advertise their affairs due to a bulk of factors. Firstly, a greater admirers is reached. A bulk of individuals are generally searching for a bloom and medical allowance adduce that best fits into their banking needs as able-bodied as claimed tastes and preferences. The internet has brought this casework afterpiece to them through enabling them admission to advice apropos the quotes just by a bang of a button.

In addition, the internet offers an direct and seamless alternation forum. Due to the charge for personalization and customization, insurers accept best up the use of the internet to facilitate this. A adduce can be discussed as able-bodied as adapted acknowledgment to the internet. Last but absolutely not the least, the internet offers all-inclusive opportunities for one to analysis as able-bodied as analyze the assorted bloom and medical allowance quotes that are accessible in the market.

When gluttonous a bloom and medical allowance quote, there a bulk of affairs that you should consider. Take agenda of the apology plan. Deemed the a lot of expensive, this adduce admitting offers a all-inclusive array of casework as able-bodied as allowances for one to accept from. As discussed, a bloom and medical allowance adduce seeks to accommodate a assurance net appropriately you should consistently accomplish abiding that your net is able-bodied fixed. This can alone be done by accepting an allowance plan that is acceptable for your needs.You should aswell accede the bloom aliment organizations plan. As the name suggests, this plan sets up a bloom and medical allowance adduce that enables you to seek analysis from a bulk of organizations. It is almost affordable and can be acclimated for a advanced ambit of casework as able-bodied as products. There are added affairs available; you should ensure that you backpack out a absolute analysis afore clearing on a accustomed quote. Finance is the above agency that influences the options accessible on accustomed bloom and medical allowance quotes. Ensure you apperceive of your premiums, co-pay package, as able-bodied as the bulk of deductibles that will be charged.

4 Features Of An Excellent Cloud Storage Service

Due to the need for cloud storage services, there are many companies offering the service. Due to the large number of providers, you can easily get confused of the best provider to go with. To help you out here are some of the features that you should look out for when choosing a storage service provider:

Automatic sync

Many cloud storage services will provide you with the syncing feature, but very few will allow you to automatically sync your files. A service with this feature will update your files to reflect any edits that you might have made.

This gives you peace of mind as you know that your data is always up-to-date regardless of the device that you are using.

Security

Security is of great importance as you will never want your personal or business information to be compromised. Before you use a given service you should take your time to read the company’s terms of service.

To be sure that your data is safe you should ensure that the company encrypts your data before it leaves your servers. To be safer it’s wise that you go with a company that allows you to pick your own encryption key. This prevents even the company employees to view your files.

Additionally, the service should allow you to protect your files with a password especially when accessing your files from a mobile device.

Support

There is nothing as frustrating as having technical difficulties. If you can’t access your business files you not only waste time, you also waste money. To fix the problem as fast as possible you should go for a cloud storage service with a reliable support system.

To have an easy time reaching the support desk, the service provider should have many channels of accessing the desk. In addition to the usual email and phone support, the service provider should also provide the live chat feature where you get to “talk” with the company representative one-on-one.

As rule of thumb you should ensure that the company has a reliable 24/7 tech support.

File versioning

File versioning allows you to edit your documents without worrying of losing the original document. The cool thing with this feature is that it doesn’t overwrite your old file when you make edits-it saves the document in multiple versions.

While there are many cloud storage service providers that offer the service, most of these service providers allow you a limited number of versions. Others will delete the old files after a given time.

For peace of mind you should work with a company allowing the files to last for a long time. Even if the service provider will delete the old file, it should allow you to easily retrieve it

Secrets of Bonding 118: Bonding Company = Girlfriend

I’ve been in the surety business for a long time. As a student of the industry, I have observed the dynamics that occur between bonding companies and their clients. My conclusion: Bonding Companies are like Girlfriends!

(My comments are written from a male point of view, but I’m sure you can flip this to be applicable if the reader is “non-male.”)

Think about relationships you’ve been in. Don’t they always have a “love / hate” aspect? Jokes about relationships often capitalize on this reality:

Marriage is a three-ring circus. First the engagement ring, then the wedding ring, then the suffering.

– Milton Berle

My wife is a light eater… as soon as it’s light, she starts to eat.

– Henny Youngman

“I am” is reportedly the shortest sentence in the English language. Could it be that “I do” is the longest sentence?

– George Carlin

And for the ladies:

What’s the difference between a boyfriend and a husband?

About 30 pounds.

– Cindy Garner

As very sophisticated types, we know how to deal with the technicalities of these relationships. It isn’t always easy, but it’s worth it. Bonding is pretty much the same!

Step One

How does a construction company gain the support of a surety? It starts with a flirtation and then “getting to know you.” The underwriter receives information about a bond that is needed. If there is a spark of interest, an application and financial statements are submitted.

The construction company wants to look attractive:

Here is what we’ve accomplished!
This is how much money we’ve made!
We can really perform!

Think of this as the dating stage. It is exhilarating and intense! There are probing questions and well-crafted answers. Both parties want to achieve success and avoid failure / embarrassment. The same as in romance, the underwriter (girlfriend) will walk away if they find that the contractor (suitor) is dating other underwriters. This is why bond producers may approach only one market at a time. No girl wants a playboy who may be disloyal.

Step Two

If the relationship blossoms, wedding bells may chime! They tie the knot with a pre-nuptial / general indemnity agreement that says “We’re in this together. But hurt me and you’ll PAY.”

Step Three

Eventually they become old married folks. The contractor gripes that “she is never satisfied.” More info, more questions, more money spent to keep the surety / wife happy. It NEVER ends. But the contractor needs the surety and works to keep things on track.

Is the underwriter frustrated? Yes… “I have to beat everything out of the contractor. It’s like pulling teeth!” The contractor may be slow in providing the answers and info the underwriter needs to keep the bond account in healthy condition. “I thought we were in this together!”

There is an element of pain in the relationship, but both parties gain if they keep it together.

Yente (Click for mood music)

So where does the bond producer fit in? We are the dating service that brings the parties together. We succeed when we match the contractor with the right surety. Our role as cupid continues as we shepherd the relationship forward, keeping the info flowing so bonds are available when needed.

The fact is, bonding involves more than paperwork. It involves people, their perceptions and preferences. The seasoned bond producer will make the match and guide the relationship forward for the benefit of all parties. Then we can be one big happy family.

Steve Golia is an experienced provider of bid and performance bonds for contractors. For more than 30 years he has specialized in solving bond problems for contractors, and helping them when others failed.

The experts at Bonding Pros have the underwriting talent and market access you need. This is coupled with spectacular service and great accessibility.