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

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.

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

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.