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sales@iTrader.biz
+852-2790 3350
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What is Product Development Management (PDM)?
A DEFINITION OF PDM
Product development management or PDM is an all-encompassing approach for innovation, new product development and introduction (NPDI) and product information management from ideation to end of life. PDM Systems as an enabling technology for PDM integrate people, data, processes, and business systems and provide a product information backbone for companies and their extended enterprise.
Why PDM?
Innovation and new product development are essential for most companies to sustain future revenue growth. Nowadays customers demand more new products in shorter time intervals, often customized to their own needs. They want more attractive designs, better performance, better quality, lower prices, and instant availability. To meet these needs companies have to be able to collaborate closely within their own organization and with partners and suppliers located in various parts of the world. At the same time companies have to manage increasing product and manufacturing complexities due to a quickly growing number of environmental and regulatory rules and requirements.
Your Problem
Faster and requirements of higher standard of new product introductions is a huge challenge for most organizations today
because of their traditionally serial, fragmented, manual, and paper based processes. The result is that many companies suffer from NPDI practices that are slow, resource intensive, costly, inflexible, provide little visibility, and are difficult to manage and control.
Our Solution - iPDM
Through their ability to integrate all product related data and processes and to eliminate boundaries in the value chain, Oriental’s iPDM Systems can significantly reduce non-value added activities and enable stakeholders to collaborate in real time using a consistent set of information throughout the entire product lifecycle.
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