UGS Integrates Product Portfolio Management with PLM

By DE Editors

New software from PLM-focused UGS Corp. (Plano, TX) offers portfolio planning and management tools for manufacturing companies.  Teamcenter for Portfolio Management aids businesses in keeping investment decisions aligned with company strategy and ensuring that certain projects are properly resourced and budgeted.

UGS' new Portfolio Management module links strategic planning methodologies, such as portfolio management and program management, with the real-world parameters of an organization's operational execution capability. Its integration into a PLM suite aids organizations in identifying, prioritizing, and selecting the projects that best align with company strategy and that can be accomplished with available resources.

"Considering an enterprise's product and associated process knowledge are among its most important assets, it becomes obvious why its portfolio management function should be tightly integrated with its PLM system," said Chuck Grindstaff, executive vice president of products for UGS.

Teamcenter for Portfolio Management includes features such as collaborative portfolio definition and management capabilities; formal idea capture and consistent value scoring; portfolio analysis and review capabilities; collaborative workflow and approval processes; portfolio performance measurement, tracking, and pipeline management; strategic planning linked to operational execution; and open integration with key business systems, such as ERP, SCM, and PLM.

Articles, whitepapers, and research can be downloaded at ugs.com.

Sources: Press materials received from the company and additional information gleaned from the company's website.