2 Major Advantages of Having PLM Software Embedded in Dynamics 365 for Finance and Operations

Published January 13 2021

Your manufacturing organization deserves to have an efficient product development process. Each department involved needs real-time access to data and information in order to operate from multiple systems at once. This is why there needs to be a proper flow of information between systems; without a connection between PLM processes and ERP data, operational performance suffers.

Two major advantages of having PLM software embedded in Dynamics 365 for Finance and Operations:

  1. Improved Information Flow – With improved information flow, the development process can thrive. Connected systems speed up processes and allow for consistency in product truth. Maintaining a single source of truth during product development and manufacturing is critical to the design process and collaboration. Product and processes information that is written in the PLM system flows into the ERP system and enable enterprise-wide processes

  2. Reduced Number of Errors – Errors made mean money lost. When errors happen in the production process, the development process costs increase. Human error and delays are reduced when manual communication is eliminated. Having centralized communication reduces the need for time-consuming file transfers, phone calls and other steps that slow the communication process. The information needed between departments can be pulled in real-time and errors are kept at a minimum.

Having PLM software embedded in Dynamics 365 for Finance and Operations means a complete and accurate product database for your ERP system. Amongst the two major benefits mentioned above are also the benefits of improved productivity, increased speed to market and the ability to keep up with the competition.

Want to know more? Contact us today to discuss how you can have an ERP-based PLM for your manufacturing organization.