What’s the risk of sticking with spreadsheets?

Did you know almost all spreadsheets have errors? If you're managing your product lifecycle with them, it’s time for a change. 

Relying on outdated methods can lead to delays, rising costs and security risks. This can damage your brand and erode your margins. 

Consider these implications of sticking with spreadsheets: 

• Geopolitical Conflicts: Supplier delays can jeopardize your go-to-market plans, increase costs and damage your brand’s trustworthiness. 
• Data Visibility: Scattered data and manual updates lead to errors, delays and compliance issues, eroding your margins and increasing your Cost of Goods Sold (COGS). 
• Security Risks: Unsecure emails and files can result in intellectual property theft, unlike a secure, cloud-based PLM solution. 

PLM offers real-time visibility and reduces errors, ensuring you stay competitive. 

Ready to learn more? Read our latest blog to discover the benefits of upgrading from spreadsheets to PLM.