PTC (Nasdaq: PTC) and GE Intelligent Platforms (NYSE: GE) today announced the availability of the Proficy + PTC Windchill Solution, an integrated offering that includes both PTC Windchill ® and GE Proficy ® for Manufacturing Discrete software. Beginning immediately, customers can purchase the solution that can help manufacturers close the loop between product design and production execution on the factory floor. This closed-loop process capability ensures real time visibility between the key business systems that support engineering and manufacturing, which enables manufacturers to improve plant performance and quality, shorten production times and reduce – and optimize – work in progress (WIP) inventories.
Manufacturers are currently undergoing a transformation driven by digitization of the manufacturing process, “lean” streamlining of operations, and increased regulatory pressures on product quality. In addition, manufacturers are recognizing the value of Master Data Management to protect the fidelity of the data generated and exchanged between the core systems of record - enterprise resource planning (ERP), product lifecycle management (PLM) and manufacturing execution system (MES). The Proficy + PTC Windchill Solution provides a PLM-MES connection that can manage a closed loop of product information between engineering, manufacturing and production.
“Product structures that were defined by engineering can now accurately become the basis for manufacturing routings and manufacturing’s bill of materials – which are then used to manage shop floor activity,” said Jim Walsh, general manager, GE Intelligent Platforms. “Shop floor information such as the as-built bill of materials and non-conformance can then automatically be shared back with the PLM system to complete the closed loop.”
Customers can immediately begin leveraging this solution to: shorten product release cycles and respond faster to changing market demand, avoid rework and thereby lower product development costs and increase upstream and downstream visibility to ultimately increase overall product quality.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- 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 + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV