Arena PLM is a cloud-based solution that’s well-suited for businesses in the engineering and manufacturing industries. Some other sectors that this system serves include electronics, technology, industrial, life sciences, transportation and consumer products. The program gives users visibility of the entire product design lifecycle, from ideation to end of life. Aspects such as data, people, business systems and processes can be integrated through the program so that you can analyze the supply chain and keep abreast of developments as they occur. Some of the specific features included in the solution are project data, bill of materials data, compliance data, quality management, collaboration and demand analysis.
This solution enables you to manage BOM by importing, exporting and creating elements such as drawings, components and documentation. A hierarchical multi-level assembly structure is included to make the management of product information simpler. The program also provides collaboration features, which provide relevant parties such as partners and suppliers with secure access to product details. The document management module in Arena PLM gives users centralized access to documents to aid in sharing, storing and tracking. Users can access specifications, product drawings and changes from this location. Products can also be reviewed with the item’s entire record and related processes at top of mind, ensuring that designs are efficient.
BOM Intelligence: Arena PLM uses electronic component database information to develop in-product mashups, which are imported directly to the system’s BOM view. This enables employees to see the availability of different materials from suppliers in addition to risk status and BOM health.
Issue Management: This feature allows employees to conduct issue and defect management for hardware, software, electrical aspects and firmware. This is done using quality process actions, requirements, project efforts and product record.
Regulatory and Compliance: The regulatory and compliance tool includes access to the product record, electronic component market availability and the visualization of important compliance information. This ensures that all products are built “up to code,” per regulatory and stakeholder standards.
Product Record Control: The system contains a centralized record of products that includes Bills of Materials, items, Standard Operating Procedures (SOPs), Approved Manufacturer List (AML), documentation and packaging.
Demand Analysis: Users can look at component costs from the aggregated level and the component level through this tool. Product demand can also be estimated in the program, and deals can be negotiated with suppliers using price-based volumes. OEMs can, in turn, aggregate part demand and granular component level. Drill-down analysis is supported in the program and can be used for products such as capacitors, plastics and resistors. A demand aggregation calculator and volume discount assessment tool are included as well.
Visual Representation of KPIs: Arena PLM provides visualization of KPIs to make sure that new product introduction (NPI) processes are successful.