Research paper on a system for managing product data.

Research paper on a system for managing product data.

Product Data Management System Research Paper

Introduction

Product data management (PDM) system plays a vital role in managing the information related to products in an organization. It helps in organizing and centralizing product data, which is crucial for effective decision-making and product development processes.

Problem Statement

Many organizations still rely on traditional methods of managing product data, such as spreadsheets and documents stored on local drives. This approach is inefficient and error-prone as it leads to data inconsistency and duplication. There is a need for a more streamlined and automated system for managing product data.

Existing System

The existing system in many organizations involves manual entry of data into spreadsheets, which are then shared among employees through email or shared drives. This system is prone to human errors, version control issues, and security risks. It hampers collaboration and slows down the product development process.

Disadvantages

The disadvantages of the existing system include:

  • Data inconsistency due to multiple versions of spreadsheets
  • Difficulty in tracking changes and maintaining an audit trail
  • Security risks due to lack of access controls
  • Lack of integration with other systems

Proposed System

The proposed system is a cloud-based PDM solution that offers a centralized repository for storing and managing product data. It provides features such as version control, access controls, audit trails, and integration with other systems such as ERP and CRM.

The new system will streamline the product development process, improve collaboration among team members, reduce data errors, and enhance data security. It will also provide real-time access to updated product information, leading to faster decision-making and time-to-market.

Conclusion

In conclusion, the traditional methods of managing product data are no longer viable in today’s competitive business environment. Organizations need to adopt modern PDM systems to stay ahead of the competition. The proposed cloud-based PDM solution offers a more efficient and secure way of managing product data, ultimately leading to improved productivity and business success.