There are many supply chain risks for global product companies to contend with today. Product Lifecycle Management provides one way to mitigate several risks to improve quality, reduce costs, and accelerate new product introduction.

1. Mitigating Supply Chain Risks
The Role of Product Lifecycle Management
Scott Reedy
Director, Product Marketing

2. Global Market Challenges
• Competition
• Innovation
• Outsourcing
• IP Protection
• Compliance
• Capital Investments

3. Disconnected Silos and Systems

4. Facility Damage
Disasters
Extreme Weather
Logistics Failures
Customer Demand Changes
Lost IP /
Counterfeits
Non-conformance
Supplier
disconnected
from Quality
initiatives
Regulatory &
Environmental
Compliance
Lack of
visibility leads
to wrong builds
Increased scrap
/ rework Shipping delays
Missed cost
targets /
margin erosion
Part Shortages
Production
Line Down
Can’t find
alternate parts
Supply Chain Risks

5. ü Aggregate entire product record into a
single system
ü Provide supplier access / collaboration
ü Ensure proactive quality management
ü Conduct demand analysis
ü Manage component compliance and
availability
Foundation for Success

6. Key Benefits
ü Product accuracy
ü Visibility
ü Compliance
ü Fewer NPI delays
ü Supplier leverage
ü Fewer Quality Issues
Product Development Risk Mitigation

7. PLM is the foundation to mitigate risk
§ Increases visibility, quality, compliance and cost management
§ Prevents scrap/rework and E&O
§ Reduces delays
§ Accelerates NPI and Time-to-Market
Global manufacturing companies should consider…
§ Starting early
§ Creating programs & framework
§ Being proactive and considering recovery measures
§ Making risk management part of your “DNA” (always design
for risk)
Conclusions

8. www.arenasolutions.com
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