Current economic realities, which include highly volatile markets with few opportunities for profit and growth, necessitate the use of industry-specific ERP and PLM technologies that enable interactions between manufacturing, quality control, supply lines, stocks, accounting, marketing, sales, and many other business areas for the best results. According to industry experts, implementing ERP alongside PLM software provides significant payoffs for manufacturers. This is because these solutions complement each other while addressing critical functions and processes required to compete and grow effectively. To understand why you need both systems, you must first understand the differences between ERP and PLM. While ERP systems are effective at optimizing manufacturing and distribution processes involving tangible resources (e.g., inventory items, purchase orders, finances, etc.), Flexi PLM solutions can be used to make changes in virtual environments while products are in the digital state, which can result in significant savings for a manufacturer.
PLM-ERP Integration Benefits
Although a Flexi PLM solution can be customized and expanded both upstream and downstream to take over certain ERP functions, manufacturers are advised to use these systems in tandem to reap significant benefits.
- Accurate Real-Time Information: BlueKaktus Flexi PLM collects and displays information regardless of the file format in which you create, record, and manage data, allowing you to not only quickly access and revise data but also make it available across your entire organization at the same time. Furthermore, Bluekaktus Flexi PLM software enables real-time data sharing, eliminating data errors and redundancies that cause bottlenecks and financial losses. All of these factors can help you improve your overall activity and responsiveness to changing market demands.
- Well-Executed Integration: BlueKaktus Flexi PLM integrates seamlessly with ERP to provide an end-to-end solution for managing product development and execution, transforming these two distinct areas into related activities. As a result, you’ll be able to create new, more distinctive products while improving quality and lowering costs.
- Automation: BluKaktus Flexi PLM extends the automation capabilities and allows you to automate a wide range of unimportant processes, giving you more time to focus on critical business areas such as product quality, costs, and time constraints. Offering higher quality, lower prices, and shorter shipping times to customers will give you a competitive advantage and a quick return on investment.
- Project Management: Bluekaktusis one of the best PLM software solutions available to project managers for initiating, managing, and controlling projects. The system also provides a comprehensive overview of data and special tools that can be used to ensure that a product can be manufactured with limited resources and profitably sold. Furthermore, Bluekaktus connects critical upstream and downstream business areas to improve production planning and operational efficiency.
Although most ERP and PLM software solutions are highly effective, using them separately could be disastrous for organizations. On the other hand, integrating PLM and ERP technologies provides distinct advantages that can significantly improve your ability to facilitate enterprise-wide collaboration, streamline operations, develop better products, and enable a series of processes to access, integrate, and exploit each’s knowledge.