Configuration Management

In the world of increasing competition, product managers can achieve their profitability target only by launching new products earlier than their competitors. As the customer needs vary greatly across multiple applications of the product, companies are forced to develop variants, else they may lose market share. In addition, sometimes niche variants command premium as they satisfy exclusive needs of a customer, thereby increasing brand loyalty and market penetration although it is not easy or cheap.

Locus IT's solution enables you to create product platforms that can be used to accelerate the startup processes, minimize time-to-market costs and maximize the revenue generated by a product's initial release. Our PLM solution combines the advantages of configuration management with option and variant management, which allows the companies to synchronize portfolio-planning initiatives with initiatives to digitize product development, manufacturing and in-service support. Product Configurator solutions help customer sales teams to configure product variants that would meet the customer needs and the regulatory needs of the region faster, which in turn improves their revenues.