PTC has announced the release of its Arena® product lifecycle management (PLM) and quality management system (QMS) solution that will provide manufacturing and product developers with greater supply chain security.
Arena Supply Chain Intelligence™ continuously checks for emerging risks from evolving economic conditions and eliminates the need for disconnected supply chain tools by embedding real-time, AI-driven component monitoring and risk mitigation insight directly into product development workflows.
These capabilities transform how product development teams manage component issues throughout the entire product lifecycle within their existing PLM environment.
Companies can use Arena SCI to continuously monitor electronic components across bills of materials to identify emerging and changing supply chain conditions.
When risks are detected, the platform provides visibility, suggests alternative components based on technical compatibility, and enables teams to make more informed sourcing decisions earlier in the product development process – helping prevent future sourcing interruptions before they impact production.
“By delivering supply chain intelligence directly where design decisions are made in a cloud-native environment, Arena Supply Chain Intelligence simplifies collaboration between design teams and suppliers and supports more proactive component sourcing decisions,” said David Katzman, General Manager of Arena and Onshape, PTC.
“Supply chain collaboration has been one of Arena’s core strengths for years, and our investment in SCI adds a new dimension for our customers as they prioritise resiliency. We expect to enhance SCI with even more features in future releases, including more AI-driven functionality powered by Arena AI.”
Arena SCI leverages the leading electronic component data source from Accuris to provide comprehensive electronic risk details and suggest alternative parts, which enables faster time-to-market while reducing the potential for added costs from continual, unanticipated disruptions.
“Our teams face constant pressure to move faster, even as supply chain challenges become increasingly unpredictable. We are seeking ways to help us stay ahead by identifying risks early and avoiding costly last-minute changes, so we can keep projects on track and deliver on time. We see Arena SCI as an opportunity to help achieve this,” said Dan Freeman, Director of Hardware Engineering at Universal Audio.
Arena’s cloud-native PLM and QMS solutions are the trusted source for product development, quality management, and multi-tiered supply chain collaboration for nearly 1500 global manufacturers, including Nutanix, Insulet, and Enphase Energy.
Since being acquired by PTC, Arena has expanded into new international markets, introduced over 16 product releases, and added dozens of partners to help companies, and their global teams, deliver high-quality products faster while navigating market disruptions.
With Arena and PTC’s Onshape® cloud-native computer-aided design (CAD) and product data management (PDM) platform, PTC introduced the first cloud-native CAD-PDM-PLM offering to support cross-functional product development.
This is already reducing friction, costs, and coding that typically occurs when trying to connect design and development systems.For more on Arena Supply Chain Intelligence, please visit the Arena SCI page.
