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Oracle’s Agile Enterprise Product Lifecycle Management for the Product Value Chain

Addressing the Challenges of Product-Oriented Businesses

Enterprise Product Lifecycle Management (PLM) is a strategic approach to managing the entire lifecycle of a product, from the ideation phase of initial requirements-gathering through to design, prototyping, certification, production, customization, service, recycling, and retirement.

Enterprise PLM is much more than a technology solution. It represents a new, strategic approach to the product value chain that emphasizes process efficiency, crossfunctional collaboration, rapid innovation, rigorous quality control, risk mitigation, and cost-effectiveness.

Adopting an Enterprise PLM approach can help you:

  • Drive innovation strategies
  • Reduce operational and product costs
  • Improve product quality
  • Speed time to market
  • Develop a leaner, more efficient value chain
  • Simplify compliance
  • Increase profitability
  • Enhance insight and improve decision-making

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