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Why are companies buying wrong PLM systems?

Deciding to finally buy a PLM system that your company has long needed is never an easy thing. After all, this is a decision that has been preceded by hours upon hours of thinking, talks, and brainstorming. So when you finally do decide to splurge and buy a PLM software, you definitely want to get it right from the start. That turns out to be easier said than done. These days, it’s not so rare to see companies buying wrong PLM systems and locking themselves in a deal for the next five to ten years.

Don’t let yourself make the same mistake many other companies have made. Instead, get in touch with Frontech Solutions EU and schedule a consultation. We will be happy to explain the makings of our PLM software, as well as why choosing it is always the right decision. With hundreds of satisfied customers under our belt, we are always looking forward to welcoming more of them in our growing family.

There are many reasons why companies are buying wrong PLM systems

The answer to the main question in this article isn’t easy. There are many components that make up a PLM system, which means that there are just as many things that can go wrong during a purchase. Unless you are the owner of an incredibly successful and profitable business where the money isn’t an issue, chances are that you have pondered for quite some time whether to even buy PLM software. Whether you need a big system such as PLM solutions for plant facility or something smaller as PLM software for transportation company. So imagine how much it will take you to actually choose the right vendor.

A light bulb symbolizing creativity.
A lot of thinking and wondering goes into the PLM decision-making process.

There are those who believe that a set of PLM standards would solve the issue – at least to an extent. But will that really eliminate all the chances of error? That’s something that remains to be seen in the future. For now, let’s cover some of the most important aspects that lead to a mistake made by the company that is choosing a PLM vendor.

Lack of information

The PLM business has expanded beyond imagination. With more PLM companies saturating the market, the harder it becomes to choose the right one for your needs. You might think that more choices equal a better decision, but the truth is that this is a perfect ground for spreading false information. Now, we are not saying that companies are intentionally lying to their clients. We are just stating that it is very hard to get a non-biased piece of information about a specific vendor, their products, and solutions.

That’s why we here at Frontech Solutions EU always try to be as transparent and honest as possible. Whether you have questions about PLM for footwear and apparel or you want to inquire about our solutions in another industry, all you have to do is ask. We will be more than glad to present you with our offer together with all the prices and plans.

Companies aren’t sure what they need

How can you choose the right PLM solution if you are not sure what that even means? If you are not aware of what you need from a PLM system, then you won’t be able to recognize the right one even if it hit you in the face. So even if a PLM vendor presents the perfect solutions for your business, you won’t recognize them and might end up choosing the wrong PLM system.

A woman reading a book about companies buying wrong PLM systems.
Knowledge about PLM will keep you from joining the group of companies buying wrong PLM systems.

The solution to this problem is a simple one. Educate yourself about PLM, no matter how time-consuming it might be. We know that you would like to use your working hours to the max but, trust us, you will be investing in the future if you only spent some time familiarizing yourself with PLM.

In order to fix this particular problem, after learning the basics about PLM, you need to assess your business. To do that, we suggest you ask yourself the following questions:

  • Which strategic goals should your company achieve?
  • How many of them will be supported by implementing PLM software?
  • Which business processes, in general, do you need to be supported by PLM?

With your answers and knowledge at hand, we hope you will be able to avoid a common pitfall that is choosing the wrong PLM system.

Price matters

A lot of companies won’t admit this one directly but many of them took price as the deciding factor. No one is to be blamed here, as PLM systems are notorious for being everything but cheap. However, you need to understand that buying PLM software is not a small purchase. It’s something that your company will continue to use in the years to come, which is why you have to make sure that the choice you make will be a good one.

A bundle of cash.
Do not let the price be the deciding factor when choosing a PLM vendor.

That doesn’t mean you have to opt for the most expensive PLM system on the market. If you are wondering what companies buying wrong PLM systems are thinking at the moment of the purchase, all you have to do is put yourself in their shoes. They are probably either thinking they have bought the most expensive system on the market which in turn ensures success, or are thinking about the sweet deal they have just made by opting for a low-cost vendor.

But why not go for a company with a great quality-to-affordability ratio? All you have to do is schedule a consultation with Frontech Solutions EU. Our team of professionals will talk to you about the needs of your company, as well as the best ways to automate your business. We will then inform you about our PLM solutions which were crafted with a lot of care, love, and devotion. Our professional and experienced company wants to see you succeed. And that’s what we’ll try to do with our PLM solutions.

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