PLM Center of Excellence Newsletter
Volume 2 — Issue 1

Industrial Advisory Board Meeting, November 29, 2007


Welcome to the Purdue Product Lifecycle Management Center of Excellence. The center is a bold initiative that will fuse the talents of the schools of Engineering, Management, Science and Technology to become a beacon of manufacturing excellence through better management of enterprise resources and the deployment of new technologies.

The entire Purdue community, through the Product Lifecycle Management Center of Excellence, will be an agent of economic progress and a resource for industry. Through the study, training, and implementation of product lifecycle management, the Center will provide our industry partners with the knowledge and tools

• to study the implications of implementing PLM in a cross-functional environment;
• to make transparent risks and rewards of product strategies,
• to leverage a highly trained and skilled workforce, and
• to transition new technology into the market place.

We will save our partners valuable resources and time, connecting them with the frontiers of technology where new tools and approaches accelerate innovation and add greater value to new product strategies. Through a true multi-disciplinary approach, Purdue will mimic the multiple functional organizations of a corporation, with marketing, design, engineering, technology, manufacturing, finance and organizational psychology all participating in the product development process. This approach offers both our partners and our students a unique environment for learning, research and piloting real-world projects. The center multiplies the intellectual power of the university and its core strength in training and learning with the practical savvy and entrepreneurship of industry and so realizes exceptional return on the investment by our partners.