Product Life-Cycle Management (PLM) is the process of managing the product life cycle from concept, design, production, service and disposal of manufactured products. PLM aligns data, processes, people and businesses to provide a product information hub for companies and their business partners.
Part of PLM is Supply Chain Management (SCM), knowing when, where and how much of the products to manufacture and distribute. Today’s products can have a long and complex supply chain, which makes it inherently difficult to balance production/distribution to meet demand.
PLM and in particular SCM is a strategy to establish processes to optimize supply chain and reduce resources needed to bring products to market.
The Rapidflow PLM Practice specializes in Oracle’s PLM solutions – both on premise and in the Cloud, and the associated business processes. Our PLM Practice works closely with our Innovation Management (IM) team on product lifecycle management, inventory planning, supply chain process, demand analysis and other product related aspects of your business.
Our goals are:
- Optimize product lifecycle
- Reduce costs
- Reduce time to market
- Increase profit margins
- Increase production output
- Improve product quality
- Enhance customer satisfaction
- Rapidly realize the return of your Oracle PLM investments
Please visit the URL for any business inquiries:https://rapidflowapps.com/enquiry-solution-form/