This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

SRAM's View Of PLM Integrates Process, Technology And People. (Graphic: Business Wire)

Stocks in this article: PMTC

Multiple acquisitions coupled with strong corporate growth highlighted the need for SRAM to review the company’s long-standing approach to managing product data across its network of globally-located employees, suppliers and customers. PTC (Nasdaq:PMTC) today announced that SRAM is using the PTC Product Lifecycle Management (PLM) Solution to optimize product strategy and planning across the organization.

SRAM is passionate about cycling, just as passionate as its customers that cycle to work, down mountains or in road races. The bike components SRAM provides to manufacturers must utilize the latest technology available in the market in order to deliver to consumers a bike that’s assembled for very specific requirements. SRAM has built a global company to address these requirements through a combination of strategic acquisitions and a next-generation product design strategy.

SRAM needed a PLM system that could represent the complete view of its products across its 16 locations in nine countries. Additionally, the company wanted a solution that would enable them to continuously improve the creation and management of SRAM product data in order to improve business processes that would speed time to market of new products.

“We will continue to seek and deploy design technology as we redefine and design bicycles and their components,” said Michael Johnson, global PLM manager, SRAM. “To help us with this goal, we are using the PTC PLM Solution in our enterprise-wide, cross-functional, business process initiative that impacts all of SRAM, our suppliers and any of our customers who use our product-related data. PTC solutions give us a single, integrated, digital environment for data that helps us identify and manage new product opportunities much more quickly than previously.”

The implemented PTC PLM solution defines parts (Product Specifications, Bill of Materials and Qualification requirements) and manages them via a closed loop change process. The PTC PLM solution is able to effectively manage complex, cross-functional processes and coordinate the efforts of distributed teams to consistently and efficiently to create the best possible products.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs