Introduction to Agile Oracle
In the era of digitization, various product-oriented industries including pharmaceuticals, retail, manufacturing, high-tech industries, and food-beverage face acute challenges to sustain in the global market. To thrive in these challenges, the product-oriented industries need to implement efficient, innovative, agile approaches in product development and commercialization processes. Else those weak points may become fatal in the value chain process of business. To mitigate those challenges and ensure sustainability, a certain streamlined approach would be essential for effective handling of the product life cycle. Oracle did extensive research on multiple product-oriented industries to advance expertise and technological level to enable this approach which is called Agile Product Life cycle Management.
Description of Agile Product Lifecycle Management
Oracle’s Agile Product Lifecycle Management (PLM) is a strategic approach that expresses the handling of a product’s complete life cycle from initial collecting of resources to design, prototyping, gaining certification, production, customization, service, and retirement. Agile Oracle PLM is not only a technological solution rather it emphasizes more on process competence, rapid innovation, cross-functional association, closed-loop quality control, risk mitigation, and cost-effectiveness. Oracle has initiated the concept of project life cycle management and produced a suite of globally recognized software solutions which establishes a comprehensive platform to manage complete product life cycle across various product-oriented industries. The following platforms have consisted of the Oracle Agile PLM cycle.
- Oracle Agile Product Lifecycle Management
- Oracle Agile Product Lifecycle Management for Process
- Oracle Product Lifecycle Cloud
Fundamental Areas of Businesses
Each platform is crucial to accelerate best practices in the fundamental areas of businesses like:
- Implementation of innovative ideas aligning with corporate strategy.
- Concerted development with managing cost, quality, compliance.
- Commercialization
- Project execution
- Performance checking
Oracle attributes the best quality software solutions to accomplish the market’s demand considering customers’ needs, project portfolio management, enterprise visualization, product data quality, and product lifecycle analytics. Oracle’s PLM product line comprises of four components including
- Agile Product Lifecycle Management
- Agile Product Collaboration
- Agile Product Quality Management
- Agile Product Portfolio Management
- Agile Product Cost Management
- Agile Product Governance and Compliance
- Agile Engineering Collaboration
- Agile Engineering Data Management
- Agile Product Lifecycle Management for Process
- Oracle Product Hub
Features of Agile Oracle Product Lifecycle Management
From inception to retirement, Oracle’s Agile PLM software takes a strategic approach to handle product lifecycle effectively and collaborate with the value chain. This software solution has the following attributes to support the enterprise’s production cycle efficiently and effectively.
- Product management and lifecycle analysis
- Cost and quality management
- Product collaboration
- Product Portfolio management
- Documentation
- Manufacturer and supplier management
- Easy to learn experience
- Quality control of Product Lifecycle management processes
- Quality checking dashboards
- Enterprise quality communication
- Identifying problems and issues management
- Taking corrective and preventive measures
- Vigorous portfolio analysis and control
- Dashboards management
- Monitoring compliance and governance
- Assumption of global product network
- PLM mobile apps
- Customers’ requirements management
- AutoVue enterprise visualization for Agile
- Engineering collaboration
- Materials and equipment or resources management
- Gantt chart for real-time and dynamic project definition.
- Pedigree and serialization management
Benefits of Agile Oracle PLM Software
To acquire the best quality result from PLM software, it is suggested to incorporate product lifecycle management with the company’s whole supply chain management process (SCM). This software provides a comprehensive solution to the enterprises to sustain competitiveness and produce the best quality product in the global market. Generally, it helps product companies to achieve strategic objectives including innovative approach, cost control, quality improvement, faster speed-to-market and shorter time to volume as well as governance of compliance. The benefits which are availed by the enterprises from this software are as follows –
1. Quality enhancement
As this software influences the consolidated approach to gather information regarding quality and even corrective measures to mitigate loopholes, the enterprises become able to enhance the quality level of the products aligning with customers’ requirements.
2. Protected and Well-Timed Delivery
PLM helps the companies to reorganize customers’ requirements and converting those requirements to manufacturing products. It also ensures the timely delivery of products to the market complying with all the local rules and regulations. The incorporation of the PLM and SCM approach helps the companies to speed up the market delivery process.
3. The Good Quality Customization Process
The integrated approach of PLM and SCM enhances a good quality customization process and that is why the time interval between assimilation of the product development process and configure-to-order model process can be shaved from months to days.
Implementation of Oracle PLM
When a product based company of any verticals including retail, pharmaceuticals, high-tech, consumer packaged foods, food and beverage chooses to implement Oracle PLM solutions, it is necessary to choose specialist implementation service companions from Oracle’s global networks of a business partner. As different industries have their own concern and customer needs, Oracle has advanced PLM solutions for a vast range of industries.
1. pharmaceuticals
In pharmaceuticals, Oracle’s Agile PLM software solution provides support for drug development, production, and commercialization. It reassures integrated quality and risk management as well as a comprehensive packaging system. Those pharmaceuticals company which use Oracle PLM has been able to bring the new product at a lower cost in a faster and secure way. The implementation partners of Oracle for pharmaceutical businesses are as follows –
- Deloitte
- HCL
- IBM
- Business & Decision
- Kalypso
2. Medical Devices
The key implementation partners of Oracle Agile PLM at the businesses of medical devices manufacturing include:
- Logica
- PCO Innovation
- Systematics
Oracle’s PLM solution enables manufacturers of medical devices to modernize product quality and compliance.
3. Retail
In retail businesses, Oracle PLM empowers retailers to allocate and gather product information, collaborate with global product network and keep a record of private level goods. The key implementation partner in retail businesses are –
- Accenture
- Infosys
- Kalypso
- Tieto
4. High-Tech
In high-tech electronics and equipment manufacturing businesses, Oracle PLM enables the manufacturer to take the utmost control over every aspect of businesses. The key implementation partners are:
- Infosys
- Logica
- Wipro
- Systematics
- PCO Innovation
- Zensar
5. Food and Beverage
In the businesses of food and beverage, Oracle PLM helps the companies to launch new products more quickly and cost-effectively in the market. The key partners of the global network are as follows –
- Kalypso
- PCO Innovation
- Sinful One
- Verdant
Oracle Agile has brought a complete range of consulting, execution and support services for the clients that they can choose in accordance with their needs and get benefits out of it.
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