Product Lifecycle Management (PLM) Software | Oracle (2024)

Innovation management

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Profitable innovations, faster

Drive faster, smarter innovation and ensure sustainable growth. Oracle Cloud PLM helps you maintain a profitable innovation pipeline fueled by a steady stream of the highest-value, on-target, and relevant ideas.

Ideate everywhere

Capture ideas from any source for new products, services, markets, or customer experiences. Evaluate each proposal across a 360-degree perspective of resource needs, assessed value, cost, and constraints.

Manage requirements and concepts

Document, prioritize, and agree on requirements leveraged in developing innovation concepts. Reuse existing items, trace requirements through design, and validate that each has been met to reduce new product introduction risks.

Build agility into innovation portfolios

Balance core, adjacent, and transformational innovation initiatives while aligning your resources, risk mitigation, and budgets. Use best-practice analysis to select an innovation portfolio that achieves your strategic and profit objectives.

Product development

• Read Getting great ideas to market—fast infographic (PDF)

Rapidly develop and launch products

Gain faster, more efficient product development and launch processes by bridging traditional, disconnected engineering and manufacturing functions through streamlined management of an integrated enterprise product record.

Minimize design cost

Gain complete visibility into your product(s) evolution by monitoring product iterations. Get feedback sooner and avoid costly rework with more effective collaboration internally and with your design partners.

Reduce supply risks

Reduce supply risk and track part preferences for manufacturing throughout each stage of design by maintaining a single view of qualified parts and suppliers across the entire product structure.

Accelerate change management

Effectively manage and model change iterations with a collaborative change management process. Eliminate rework and compress cycle times by configuring defined workflows with the flexibility to make changes if needed.

Enforce product compliance

Enforce product compliance and proactively track changes throughout your product’s lifecycle so you can quickly adjust to changing global standards, efficiently manage engineering documentation, and design compliant-finished products.

Quality management

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Closed-loop quality

Improve the productivity, quality, and profitability of your processes and products. Drive closed-loop quality processes through design, procurement, inventory, manufacturing, and field service to ensure rapid detection and resolution of quality events.

Uncover data-driven insights

Make faster, more informed decisions and reduce risk with a predictive and connected 360-degree view of product quality across product lifecycle and supply chain processes.

Integrated issue management

Drive greater efficiency with consistent controls of your quality processes. Capture, aggregate, and perform root-cause analysis on quality issues raised from sources including IoT, field service, and incoming and work-in-process inspections.

Streamline preventative actions

Rapidly respond to issues, prevent reoccurrence, and drive continuous improvement with closed-loop corrective action processes that are tightly integrated with your product development, enterprise change, document management, and inspection processes.

Centralized document management

Manage standard operating procedures and industry regulations with a single source of truth that integrates training, document management, and change control to drive operational consistency, compliance, process improvement, and audit readiness.

Product master data management (MDM)

• View the Product MDM infographic (PDF)

Product commercialization

Efficiently commercialize new products and services by sharing the right product data required for your sales, marketing, supply chain, and ERP processes.

Item mastering

Keep your item master data clean and synchronized across applications, data pools, and partners with a best-practice product information management (PIM) process and flexible attribution, change control, and native-governance capabilities.

Omnichannel commerce

Ensure that complete and consistent product information is published across your sales channels while efficiently sharing trusted product data across back-end SCM, ERP, and order fulfillment systems.

Integrated collaboration for external users

Automate and deliver continuous business-rule validations and verification of data to allow global contract manufacturers and suppliers to receive accurate information and authenticate the data they provide—no matter where they are located.

ERP migration and consolidation

Gain a single platform to centralize and consolidate product data—without disrupting ERP and supply chain operations. Oracle Cloud PLM can help you unify data from numerous ERP systems as a result of organic growth or a merger or acquisition.

Configurator modeling

Model complex products

Leverage a dynamic design environment to build configurator models that deliver an intuitive user experience. Simplify the configuration of multioption, customizable products and services.

Simplify the sales process

Guide your customers to the right—or optimal—products. Simplify the configuration process by adding high-level questions and tying the answers directly to one or more option selections.

Optimize user experience

Build better user experiences by guiding your customers to valid product configurations. Use display condition rules and a variety of selection controls to dynamically control how your content is displayed in the user interface.

Apply templatized design

Quickly create the dynamic runtime user interface that best meets your needs by choosing from predefined user interface templates.

Simulate model behavior

Design, build, and test business logic, model behavior, and overall user experience prior to release. When releasing new versions, you can leverage comprehensive impact analysis and validation checks to ensure quality.

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Oracle Product Lifecycle Management Cloud Demo Showcase

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