Leveraging Product Innovation to Achieve Transformational Sustainability
ANN ARBOR, Michigan, USA 16 May 2023—CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the publication of a Whitepaper titled “Innovate Sustainable Products with PLM” centered on SAP’s support for product innovation and sustainability enabled by their integrated business platform.
In response to increased societal pressure and regulation, businesses focused on product innovation are now prioritizing sustainability in their business goals. But most sustainability initiatives start too late, being focused on fixing a problem that is already designed into a product. Organizations must increasingly think about bringing innovative products to market with sustainability in mind, starting with requirements, cross-functional collaboration, and information sharing. We call this transformational sustainability.
This Whitepaper describes efforts to achieve sustainability and examines how product innovation and transformational sustainability both require a digital thread to link stakeholders and processes throughout the product lifecycle. The paper also includes a review of SAP’s integrated business platform which provides native capabilities for PLM and connects to other PLM solutions, building a digital thread to support product innovation and transformational sustainability.
Mr. Doug Macdonald, CIMdata Director of PLM Success and Executive Consultant, notes “Businesses should be ready to rethink their approach to achieving true lifecycle sustainability. Current incremental approaches can only go so far, and the benefits will quickly plateau. The time is right to begin transitioning from an incremental to a transformational approach by making sustainability a key element of product innovation.”
To find out more and to download the Whitepaper Innovate Sustainable Products with PLM, visit www.CIMdata.com.
