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Selection of product lifecycle management components based on AHP methodologies

Adopting right PLM components and making proper strategy investment decisions enlarge business benefits. Evaluation and selection of PLM components require analyzing the PLM functionalities. These functionalities could be extracted from the company PLM maturity and PLM benefits, based on its capabilities in terms of specific features such as technology, information, management, organization, sustainability, etc. In this paper we propose a framework called TIFOS (TechnoWare, InforWare, FunctionWare, OrgaWare, SustainWare) to collect these main PLM components. The paper also provides a development approach based on the Analytical Hierarchy Process (AHP) method to better handle these components. AHP is a multi-criteria, multi-objectives decision-making method that employs pair-wise comparison matrix among the criteria to obtain optimal alternatives.