Oracle Product Lifecycle Management (PLM) Features

Gather and analyse ideas for new products or product enhancements

Calculate the time to market for new products or improvements to existing products

Provide users with cost estimation tools for new products or enhancements

Deliver workflows that can be used by managers to approve or reject new products and features

Allows users to create new CAD models or import them from CAD systems

Support CAD options such as computer-aided manufacturing (CAM) or omputer-aided engineering (CAE)

Provides functionality to convert CAD models into bills of materials (BOM)

Allows users to colalborate with suppliers and partners on product development projects

Include features such as chat that internal and external users can use to communicate

Helps users and suppliers or partners colalborate on product development activities

Allows user to collaborate on creating and managing documents and files

Define and manage a taxonomy of product metadata that applies to the entire company

Manages the quality of the product data and ensures its up to date

Tracks and audits versions and changes, including options to check-in and check-out

Manage the process of evaluating documents or requests submitted for approval

Provide the ability to deliver product variations such as configure-to-order and engineer-to-order

Bills of materials can be combined, merged, and nested to create multi-level BOMs

Manages BOM types such as manufacturing BOM (mBOM) or engineering BOM (eBOM)

Provide users with the ability to visualize the BOM in a 3D environment.

Graphical representation of data

Deliver workflows to approve or reject engineering change requests (ECR)

Allows user to manage changes to product configurations while maintaining the functional and physical attributes of a product throughout its lifecycle.

Create and manage engineering change orders (ECO) based on ECRs or from scratch

Manage the end-to-end lifecycle, from initial setup/development to deployment and maintenance

Plan, schedule, and execute organization's accounts and assets to ensure compliance with policies and laws

Capture, organize and track product-specific data and information in a centralized location

Create, manage and track all task activities and progression

Collect, organize, and track inventory/product data including item numbers, descriptions, etc.

Manage the end-to-end production process for manufacturing operations

Focuses on improving processes by collecting data and spotting bottlenecks or other challenges.

Plan and coordinate all the resources, costs and time needed to execute assignments

Create, design and manage workflows for repetitive tasks

Track and manage adherence to policies for any service, product, process, or supplier

Create, save, and store files

Overview of all programs that help compare initiatives, align projects with strategic goals and identify risk

Track and manage schedules and meetings via an integrated calendar

Collaborate on creating a product by sharing and adjusting designs through a shared portal

Enables creation, management, and tracking of product requirements & features during product production/development

Manage all supplier data and operations

Users can create virtual environments to test product characteristics

Analyse multiple simulations to determine product strenghts and weaknesses

Simulation results can be used to improve product design and development

Provide users with the ability to report progress made throughout the product lifecycle.

Track product costs and costs related to design and development activities

Provide insights into product performance from multiple data sources

Provide users with the ability to identify all functional needs of the product ahead of time and incorporate this information into each stage in the product development lifecycle

Ensures that all quality issues can be traced back to the root causes

Ensures compliance of items according to regulatory, safety, and environmental specifications

Integrates with manufacturing ERP solutions

Integrates with Manufacturing Execution Systems (MES)

Integrates with Product Information Management (PIM) software

Integrates with software for maintenance such as Enterprise Resource Management (EAM)

Condenses long documents or text into a brief summary.

Converts images into a textual description, identifying key elements.

Use AI to generate content in the form of text, images, videos, etc.

Material list of manufacturing parts and associated costs

Set up connections to third-party platforms to improve business processes

Dashboard to view the status of ongoing processes, identify current incidents and track past activities

Application programming interface that allows for integration with other systems/databases

Store and organize documents in a centralized system

Set & manage permission levels based on user roles and restrict access to only authorized individuals

Import and export data to and from software applications

Track the status over time for a request, process, asset, or transaction

Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges

A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users

Arrange tasks based on the level of priority or urgency

Reporting on how each user, task or process has advanced since its initiation

Monitor task progress and planned accomplishments to better manage project status

Provides a channel for team members to share media files, communicate, and work together

Customize data fields to support various needs and use cases

A record of all activities within the system, including user access, changes made, etc.

Collection, analysis, and representation of numerical data and generation of reports to understand various patterns

Assemble applications and processes by dragging over and arranging pre-built components

Process to track, record, and analyze expenses that occurred over the entire duration of a given project

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