Recession - a good time for PDM and PLM?
Hi there. It's been quite a long time since my last post, so I thought with the global credit issues I'd drop the blog a line and talk about how this technology could help in these cash strapped times. First of all I believe that lower costs by getting rid of employees can be a false ecconomy. I do understand it is a necessary evil, but I also believe that before doing that companies should be more creative about identifying cost savings. Some ways are not necessarily anything to do with PDM, such as asking skilled people to consider wage cuts (not popular, but preferable to losing all your salary for six months!). However the main focus of this article is around how PLM and PDM can help. In a number of discussions with former colleagues we've discussed can the technology really cut costs. My general feeling is it can, the main problem is that most engineering companies work without realising how much time people waste looking for information. I think I've mention