The Evolution of PLM in Semiconductor Manufacturing
Today's semiconductor device companies are facing the adverse impact of disruptive forces from multiple fronts. Driven by changing marketing demand, semiconductor companies have been forced to redesign their business model. Hyper-fragmented market needs, escalating design costs, growing product complexity, shrinking average sales prices, and the relentless pace of innovation put intense pressure on the semiconductor companies. Coupled with the industry's daunting design challenges, accelerated lifecycles, and complex supply chains, it is no wonder that product launch dates, development budgets, and quality targets are frequently missed.
With innovative cycles of the semiconductor industry more complex than ever before, future-forward companies are fast-moving to product lifecycle management (PLM) to drive profitable growth. A PLM system connects people, data, processes, and systems throughout the design and manufacturing flow. PLM deployment aids companies in attaining a single version of the truth for all product information while facilitating collaboration with global customers, supply chain and manufacturing partners, and design centers. This ultimately results in lower product costs, reduced time-to-market, improved quality and reliability, and ensured regulatory compliance for semiconductor companies.
The Need for Robust PLM in Semiconductor Manufacturing
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Aiming to reduce time to market (TTM), semiconductor companies should look at deploying the best in class end-to-end product lifecycle management (PLM) software as it helps companies overcome product complexity, react to changing requirements and gain insights to predict market trends. By implementing an efficient PLM system to maintain collaboration for all product data, including; specification, intellectual property (IP), validation, verification information, semiconductor companies can achieve their business goals faster.
By implementing PLM, semiconductor companies can realize significant benefits, including a centralized, single version of the truth for all product data; improved collaboration, control and communication of product design, development and engineering change order information; improved chip quality, design, development productivity and manufacturability of ICs; enhanced design and elimination of rework by enabling input from multiple parties early in the product development process; reduced cycle times and time-to-market through standardization of processes and tools, etc. With industries slowly transitioning into digital enterprises where all the processes such as product design, manufacturing processes, services & support, and customer experiences are connected via a digital thread, PLM solutions offer the foundational structure and framework for implementing the digital twin, which is fast becoming an integral part of the overall digital transformation.
Compliance With Semiconductor Industry Regulations
Efficient compliance management becomes an easy-to-achieve target with PLM in place. Semiconductor companies can easily obtain and authenticate supplier declarations with fully integrated PLM capabilities and automatically aggregate materials into the product BOM to grade compliance. PLM also becomes advantageous in addressing stricter environmental requirements and staying compliant efficiently. Using PLM for compliance equips manufacturers with complete data traceability from the initial design stages right through to product launch. Industry-specific applications dramatically simplify the entire compliance process by guaranteeing businesses can meet particular regulations from the very outset.
Design Cycle Acceleration
Consumers have an insatiable desire to go for the latest technology, smartphones, or any other advanced electronics, which have forced semiconductor companies to accelerate time to market. While meeting customers' expectations is one part of the business, semiconductor companies can't start designing a product from scratch, which entails that IP reuse and derivative designs will be the norms as we move ahead. Such changing dynamics require an effective lifecycle management system to manage the semiconductor IP.