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Collaborative product developmentCollaborative product development is a key PLM (Product Lifecycle Management) feature that facilitates project and design collaboration among globally distributed teams. In today’s environment, manufacturers face the challenge of dispersed teams working with siloed systems, resulting in stakeholders not having access to the most current product data.
This lack of collaboration leads to delays, costly rework, quality issues in production, slow response times from design and manufacturing partners, and multiple service visits to customers. These challenges are compounded when companies expand through acquisitions, as aligning teams and tools becomes even more complex, creating redundant work.
Collaborative product development enhances productivity, improves accuracy, and provides greater visibility while reducing time-to-market, manufacturing disruptions, poor product quality, and production costs. For everyone in the value chain relying on real-time product data, the benefits are clear.
