PLM Supporting Products |
PLM Champion | PLM Services | PLM Supporting Products | PLM Clients | PLM Service Request
PLM Cost Justification Toolkit™ | PLM System Evaluation Guide™
The PLM Cost Justification Toolkit™ - Release 3 |
| As a PLM Champion, one of the most difficult tasks you will face is formulating a business case for your company's decision-makers. To address this need, the Life Cycle Solutions provides this toolkit to assist companies with the challenge of cost justification. The PLM Cost Justification Toolkit™ consists of two easy-to-use Excel workbooks that function together to assess the benefits of implementing a PLM solution in the context of the investment. Using this powerful tool, you will benefit from expert guidance in identifying your company's best strategy for implementing PLM technology and the savings you can hope to achieve for a healthier bottom line. Using this powerful tool, you will benefit from expert guidance in identifying your companies best strategy for implementing PLM - PDM technology and the savings you can hope to achieve for a healthier bottom line. |
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 1. Determine your present cost of doing business with current processes for up to 10 groups of individuals or functional areas
2. Establish the benefits you anticipate through the use of a PLM
3. Make a thorough business case for implementing PLM technology
4. Determine the necessary resources for a successful PLM implementation
5. Automatically calculate the percentage of productivity improvement for specific individuals or groups
6. Automatically calculate cost savings for specific individuals or groups
7. Provide both management and potential vendors with an outline of the Return-On-Investment (ROI) requirements for your PLM strategy
8. Create implementation models with specific target dates for achieving ROI goals
9. Calculate cost savings on a monthly AND cumulative basis for up to a 4 year period
10. Create a definitive, phased, investment strategy for a successful PLM implementation
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PLM Champion | PLM Services | PLM Supporting Products | PLM Clients | PLM Service Request
PLM Cost Justification Toolkit™ | PLM System Evaluation Guide™
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