PRZOOM - /newswire/ - Toronto, Ontario, Canada, 2009/02/27 - The First in Datastay's PLM Fundamentals whitepaper series is now available on datastay.com.

Datastay Corp., a leading provider of customizable, on-demand applications designed to support complex business processes such as product lifecycle management (PLM), quality management (QM), and new product introduction (NPI), presents the first in its PLM Fundamentals whitepaper series, entitled: "A Framework For Approaching PLM Initiatives". The full whitepaper is now available for free on the Datastay website.

The first in this series of whitepapers discusses a ground-up approach to product lifecycle management that can help organizations looking at PLM for the first time, or those that have already implemented systems. It focuses on the strategic considerations that must be given to any PLM initiative based on key principles:
• The fundamental objective of every PLM initiative is to maximize the profits that are contributed by each product to the organization’s bottom line.
• Every organization already has a PLM system in place which guides how products are managed across their lifecycle, from concept through to eventual market withdrawal.
• A strategic approach to PLM requires a comprehensive assessment of the processes that make up the PLM system in order to determine possible areas of improvement.
• Any process improvements that are undertaken as part of a PLM initiative must be strategic in nature and affect the organization’s bottom line.
• The choices as to which, if any software tools or system an organization should employ in its PLM initiatives.

To access this free whitepaper or to learn more about Datastay PLM our industry leading on-demand PLM application please visit the website.

About Datastay
Datastay's mission consists of enabling businesses to adopt best fit technology solutions that address unique organizational needs without the costs and complexity of custom designed and developed software. Datastay (datastay.com) has helped organizations within different industries and of different sizes exceed their goals and objectives with Datastay technology solutions such as Product Lifecycle Management, Quality Management and Data Management.

With thousands of happy users spread across the globe, Datastay has grown with its customers by listening to their needs, understanding their goals and directly linking those goals to its own. Through a no-programming platform approach to building business applications and Datastay's on-demand delivery model that leverages cloud computing, Datastay solutions not only help its customers meet their goals, but exceed them. For additional information visit Datastay's website or call 1-866-980-DATA.

Agency / Source: Datastay Corp.

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