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

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