Tuesday Mar 13, 2012

The Latest from Agile PLM Customers

We’ve heard from several Agile PLM customers in the news lately, so in case you've missed these, here are a handpicked few to know:

Herbalife was the focus of the “Best Practices in Innovation” feature in the February 2012 edition of the Consumer Goods Technology publication.   Herbalife is a consumer goods companies offering products for weight management, targeted nutrition, energy and fitness, and skin and hair care.  The company achieved record sales in 2010, and continues to face growing product complexity as they delve into new markets and improve their offerings.  Gary Swanson, Vice President of Corporate Quality, says, “PLM allows the company to operate unimpeded, 24 hours a day, seven days a week on product development and other activities.”  They use the Agile PLM solution, particularly the Oracle Product Lifecycle Analytics application, to improve decision support across the enterprise while tracking product changes with built-in capabilities, like audit train and sign-off history, which are requirements in a compliance and regulated industry.  The CGT article can be found here.

Oracle is partnering with Kroger and Kalypso to help companies understand the changes and stay ahead of the curve on Are You Ready for New Food Safety Regulatory Requirements?”, a live webcast March 15, 2012 at 11:00 a.m. PDT.  Fred Brown, a partner at Kalypso and an expert in regulatory compliance and quality issues facing private label retail and food manufacturers, will address how organizations can leverage product lifecycle management (PLM) to meet regulatory requirements.  Bob Hosfeld, senior manager at Kroger Corporate Food Technology and Wes Frierson, director of PLM product strategy at Oracle, will join Brown as they discuss new regulations that challenge manufacturer compliance screening.  Additionally, the webcast will highlight how PLM systems can respond to new regulatory requirements from the FDA, customers or consumer groups.  To learn more and register, click here.

Oracle is also partnering with GoEngineer and M/A COM Technology Solutions in a live webcast on Thursday, March 22, 2012 at 10:00 a.m. PDT entitled, Implement World-Class PLM Quickly and Effectively…Really! Greg Katai, Sr. PLM Consultant at GoEngineer, will share the benefits of Agile PLM and how you can quickly and cost-effectively implement the solution for your business.  Phil Stathas, Director of Information Technology with M/A COM Technology Solutions, will share their insight as a customer achieving significant value from the solution.  To learn more and register, click here.

Atrium Medical Corporation shared their Agile PLM case study on our oracle.com customer showcase, entitled  how Atrium Medical Corporation Reduces Engineering Change Order Cycle by 48% First Year after Deploying Product Lifecycle Management Solution.  Atrium Medical Corporation is a leader in medical device technologies for interventional cardiology and radiology, chest trauma care and thoracic drainage, vascular surgery, and general surgery. The company, which was recently acquired by Getinge Group, produces more than 2.7 million sterile medical products annually and distributes them in more than 60 countries.  

Atrium adheres to ISO 13485 quality standards, which define a comprehensive management system for medical device design and manufacturing. It is also committed to advancing discovery and driving product development and manufacturing innovation. To continue to meet these objectives as it grew rapidly, Atrium looked to accelerate and further standardize engineering change order (ECO) processes for its medical devices, as well as create a closed-loop corrective and preventive quality-event process to enable root cause analysis and drive improvement, moving forward.

Atrium worked with Oracle Insight, which assessed the company’s product lifecycle management (PLM) processes and helped it define an effective IT platform strategy to optimize product collaboration and quality management. The medical device manufacturer deployed Oracle’s Agile PLM solutions, including Agile Product Collaboration and Agile Product Quality Management, in 2010―standardizing processes, improving collaboration and communication, and accelerating ECOs and time to market. In the first year of deployment, Atrium reduced ECO cycle time by 48%, even as the number of change orders increased nearly 15%.

We’re honored to have such successful customers willing to share their experiences with us all.  If you’re a customer interested in sharing your story too, please let us know!

Tuesday Dec 06, 2011

Making the Right Product Decisions Even Better

It’s a common problem – more information adds complexity spanning several dimensions: Where did it come from, and where should it go? How do you organize it? Who needs to know, react, deliver?  How do you respond and what are the implications of each option?  Do you even know everything you should?  What is missing?  Is it accurate?

Yes, the multitude of today’s data can be massively overwhelming without the right plan in place to synthesize it.  Bluntly, not having the right handle on data as a company can be downright disastrous!  As companies continuously generate and collect data, it grows increasingly difficult to comprehensively take the correct information to the next level:  the best decisive action.

Product Lifecycle Management (PLM), like most applications, generates many data points about product performance every day.  Using best-in-class solutions like Oracle’s Agile PLM to consolidate data, streamline processes, and connect all aspects of a product network to speed time to market provides extremely valuable results for a business looking to achieve a competitive advantage through profitable innovation. 

But take a step back and consider: what would an executive level analysis of all the activity inside your PLM solutions reveal about your business?  Consider being able to glance at a dashboard of charts and graphs tailored to your business, instantly gather deep insight into product performance, and then make the best decisive action.

The Oracle Product Lifecycle Analytics solution enables companies to gain actionable insight into large volumes of product lifecycle data from all operations and entities, exposing critical trends and metrics that enable business users at all levels to make key product decisions. With increased visibility into the new product development pipeline, product risks, and quality trends, companies can make the most informed product investment decisions, mitigate new product risks, increase responsiveness to product complaints, and improve customer satisfaction.

Oracle Product Lifecycle Analytics is making headlines as today’s complexity increases.  Gary Swanson, VP of Corporate Quality at Herbalife speaks in a webcast in early December 2011 about how his company leverages the solution to support major corporate initiatives around innovation.  Swanson spoke at Oracle OpenWorld 2011, and even accepted Herbalife’s 2011 Consumer Goods Industry Excellence Award for Product Innovation.  Also, you can check out the Oracle Product Lifecycle Analytics data sheet for more specific details, and view this YouTube video about “Turning Innovation into a Competitive Advantage” by making the right decisions about your products.

Making the right decision at the right time depends a lot on the information available.  Empowering decision-makers at all levels of the business with the most accurate, relevant data in a timely manner is critical to success no matter what product you bring to market.  Deploying quickly with rapid ROI, Oracle Product Lifecycle Analytics delivers sophisticated analysis to drive performance excellence and improve customer satisfaction.

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