Success Factor - Product Lifecycle Management

Success Factor - Product Lifecycle Management Lars Wahlström, Group Vice President, Product Lifecycle Management, Logistics & Supply Chain Solutions, Oracle EMEA Supply Chain Management – in recent times became a topic, especially because of delivery problems with the Airbus A380, at Boeing’s Dreamliner 787 and a flood of products such as, for example, toys, cosmetics or electrical devices which are dangerous or contain contaminants. A key discipline of modern supply chains is “Product Lifecycle Management“, which supports Management by providing information, processes and decisions about products throughout their entire lifecycle and across the entire global product network. To an increasing extent, enterprises take advantage of the globalization during the development, design and manufacturing of their products, including the provision of services. Complicated operating procedures and widely-networked delivery chains are the consequence. With Product Lifecycle Management (PLM), companies can overcome this complexity while utilizing all of the opportunities for globalization to the full extent. For an increasing number of producing companies, PLM therefore stands at the focal point of their growth strategy, because it represents the basis for making decisions relating to product innovations and compliance with the regulatory requirements. Furthermore, the selection of the PLM solution has an influence on the entire application landscape of a company. The products determine the competitive situation, the profitability and the long-term growth of manufacturing enterprises. A company’s product data or the "Product Record" represents its most important intellectual property because the products are uniquely defined in every aspect and in every phase of their lifecycle. Product data contains all the information an enterprise needs to develop, to design, to procure, to manufacture, to maintain and to dispose of products. Only with a transparent PLM solution which is integrated in a company's IT systems, can the challenges of the globalized economy be mastered. New Quality of Strategic and Operational Decisions Leading enterprises need solutions with built-in functions to support analyzes and decision- making in order to be able take better and faster strategic and operational decisions. Oracle’s Agile Product Lifecycle Management offers a ready-to-operate function to support decisions – with standardized quality reports, highly developed, customized opportunities for reporting and comprehensive analyzes. In this way, enterprises are in the position to take better and faster decisions which raise the quality of the product and the level of customer satisfaction. Best-in-class decision-making aids are embedded in the applications of Oracle’s Agile Product Lifecycle Management, which can also be extended to the platform level. This solution ensures a high level of consistent transparency and enables the analysis of data and processes by which enterprises can measure their operational efficiency, compare it with others and provide improvements as well as determine the trend. Managers receive absolutely up-to-the-minute status information about all customer-related matters, corrective measures or product changes which are active in Oracle’s Agile Product Lifecycle Management. The system not only combines historical, current and forecasted data from 1 Oracle’s Agile Product Lifecycle Management with each other, but also integrates external data from other company systems to form a company-wide overall picture. Precise Analyzes for Accurate Decisions Oracle’s Agile Product Lifecycle Management provides companies with preconfigured tools for the analysis of current and historical product data. The analysis functions ensure outstanding transparency through to the highest level, for fast and proactive analysis of product network activities and processes and for making decisions based on facts using real time information, which arises during cooperation between those involved in the global product network. Time-to-Value in the shortest time More and more enterprises recognize the advantages of an integral PLM solution. Whether manufacturing companies, high tech companies, foodstuff manufacturers or pharmaceutical and medical technology companies: they all work to an increasing extent in global networks and must comply with an a rising number of regulations, which is also why PLM software ranks amongst the fastest growing segments. According to a forecast by CIMdata, a value of about 39 billion US dollars is expected for 2012, after a figure of just under 25 billion US dollars in 2007. 2 By using applications from Oracle’s Agile Product Lifecycle Management, companies can achieve revenue across the entire lifecycle of a product, lower costs, improve quality, ensure compliance with regulations and, at the same time, drive innovations forward. The Best Practice Applications which can be used immediately in practice are configurable and extendable to a large extent and offer the shortest Time-to-Value on the market. Oracle’s Agile Product Lifecycle Management builds the next generation on an Enterprise Class architecture and at the present time represents the broadest and most comprehensive end- to-end PLM solution in the software industry. Oracle Agile Product Lifecycle Management Agile PLM Leading PLM solution for • High Tech & Electronics • Life Sciences / Medical Technology • Industrial Products • Automotive Industry • Consumer Goods Agile PLM for Process High performance PLM solution for • Consumer Goods Industry • Food and Beverage Manufacturers 3 By using Oracle’s Agile Product Lifecycle Management companies achieve • More product innovations • Faster product launches • Lower costs • Greater profitability • More efficient outsourcing • Utilization of all possibilities of globalization • Compliance with regulatory requirements (Environment, ISO, GMP) • Minimized risks Valuable controlling instrument With one of the best PLM solutions in the world, Oracle’s Agile Product Lifecycle Management, companies can accelerate their product innovations and maximize the earning power of products, because the software takes over the management of information, processes and decisions for products across their entire lifecycle and across the entire global product network. Best-in-class with more than 1,300 customers worldwide The Oracle solution supports the integration of many CAD & ERP systems for large and small-scale companies in different sectors such as High Tech & Electronics, Life Sciences / Medical Technology, Industrial Products, the Automotive industry or Consumer Goods. More than 1,300 customers worldwide have already decided for the PLM solution from Oracle. Oracle PLM World Tour During the “Oracle PLM World Tour: Product Lifecycle Management – Key to Faster Product Innovations, More Profitable Growth, More Efficient Globalization and Compliance“ in April, Oracle provided information during the European tour in more than 10 venues with presentations and live demos about the advantages and opportunities of using Oracle’s Agile Product Lifecycle Management. 4 For those who could not take part in the Oracle PLM Tour, the presentations can be downloaded from here: Enterprise Product Lifecycle Management (PLM)Global Strategies, Best Practices, and Results Chris Farinacci Vice President ⎪ Applications Product Marketing ⎪ Oracle Corporation Oracle’s Agile Product Lifecycle Management im Engineeering Thomas Gilgenberg Geschäftsführer ⎪ ICP Solution Protect and Extend Your Investment with Oracle Lifetime Support Tobias Stähle Senior Sales Manager ⎪ Agile Product Lifecycle Management ⎪ ORACLE Deutschland GmbH Applications For Your Business − Solutions For Your Industry Lars Wahlström Group Vice President ⎪ Product Lifecycle Management ⎪ Oracle EMEA Please feel free to contact me directly: Lars Wahlström, Group Vice President, Product Lifecycle Management, Logistics & Supply Chain Solutions, Oracle EMEA Phone: +46 706020990 Email: lars.wahlstrom@oracle.com Further information Link to existing PLM expert contribution 5