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Effective product lifecycle management

Product lifecycle management (PLM) is an essential process in any company. Therefore, at Lanark, we strongly recommend investing in solid processes and tools to support your business and allow for better decision-making.

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Managing your master data and having proper portfolio management are essential for product lifecycle management.

Master data management

Smoothly running operations rely on proper master data management covering your entire business. To create, store, maintain and distribute your master data internally and externally, Lanark defines the required set-up, and implements the supporting processes and tools with you. The goal? To have consistent and unique data throughout the product lifecycle.

Initiative management

Upgrading an existing product, launching a new product line or entering a new market? In order to succeed, you need to think about the impact on your supply chain, such as your network design, master data, procurement set-up … Lanark brings best practices on:

  • Master data and system readiness
  • Business process change management
  • Planning and procurement adjustments
  • Manufacturing and distribution readiness
  • Customer interaction updates

Complexity management

Introducing new products is great, however managing your portfolio is a must for your business not to get snowed under. With Lanark’s proven methodology on portfolio management you can:

  • Review your product range on a regular basis, including new launches
  • Identify which products you want to keep or phase out
  • Get consensus with the sales, marketing and finance department
  • Manage your stock of end-of-life products
  • Reduce the complexity in your entire organisation

“The change from AS400 to SAP S4 was huge. Lanark's multifunctional team supported us in terms of procure to pay, master data, warehousing and production planning. Throughout the project, they were at the side of a Haacht Brewery employee, forming a strong tandem as a key user. Lanark is a valuable partner who always thinks along proactively.”

Annemie Van Der Donckt
Annemie Van Der Donckt
CFO
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WHAT YOU GET

Trust on Lanark for product lifecycle management

Do you need help to define a new way of working, or are you looking for a partner to implement the right processes and tools? The supply chain engineers at Lanark bring firsthand expertise to each project, and work with you from start to finish.

Improve product lifecycle management with master data management, initiative management and complexity management.