Tuesday Apr 08, 2014

A Discussion with Oracle's Expert on Innovation Management

Gayle HayesA few weeks ago I had the opportunity to sit down with our resident expert on Innovation Management, Gayle Hayes. I picked her brain on what’s going on in the world of product and service innovation and how Oracle is helping. A new phenomenon is sweeping product development – thanks to an explosion of ideation tools and techniques such as crowd-sourcing, big data, mashups, customer immersion labs, etc, finding ideas is not the problem. With so many to choose from, the biggest questions are now “which idea?” and subsequently, “how do you translate the right idea into a profitable product?"

This is precisely the challenge the new Oracle Innovation Management is designed to address. To learn more about the idea glut and how the new solution helps organizations improve return on innovation investments, read the transcript of our discussion below or stream our podcast. You can even find us on iTunes!

[Read More]

Tuesday Nov 26, 2013

Oracle Value Chain Summit 2014 - Your AGILITY of 2014

You’ve been asking about it and now it’s nearly here! I’m excited to give you the low-down on what’s happening with Agile PLM related activities at the upcoming Oracle Value Chain Summit 2014 (and also about writing my first blog article as Kerrie Jordan!)

First of all, what is it? The Value Chain Summit held February 3-5, 2014 at the newly renovated McEnery Convention Center (check out these cool videos of the revitalized venue) in San Jose, California, is the top Oracle supply chain and product value chain event of the year, and the most effective way to build your team’s knowledge, network, and excitement.  In the Product Value Chain tracks we're welcoming speakers from industry leaders including Motorola Solutions, Hologic, and NBTY (we'll be announcing more soon but wanted to give you a taste).  This year's theme is Empowering the Modern Value Chain, as we're inviting you to explore with us a variety of the latest issues in supply chain such as the cloud, social innovation, in-memory applications, big data, internet of things and new mobile use cases.

Why would you come? If you’re taking a fresh look at your product-related processes and searching for the right learning opportunity, this conference is for you. Maybe you miss seeing fellow Agile users, feel nostalgic for AGILITY, or want to challenge your dedicated Agile PLM team here at Oracle with your toughest questions. Whatever your interest in PLM, there's something for you at OVCS.  There will be many familiar faces and new ones so register now if you haven’t yet. The Early Bird Registration rate is $495, and we’ve extended the deadline to December 20. Now let’s get into the details…

Customize Your Experience at the Value Chain Summit

The Oracle Value Chain Summit brings together more than 1,000 business professionals to learn how smart companies are transforming their supply chains into information-driven value chains. This unparalleled experience will give you the tools you need to drive innovation and maximize revenue, whatever your organizational goals. Choose from more than 200 sessions covering every aspect of supply chain management: Product Value Chain, Procurement, Maintenance, Manufacturing, Value Chain Execution, and Value Chain Planning.

Our headlining Keynote Speaker is Geoffrey Moore, renowned author, speaker and business advisor to many leading companies and an inspiration to many of us in the Product Lifecycle Management discipline. More speakers will be announced on the event website in the next few days.

Product Value Chain Solution Area

The Product Value Chain Solution Area is where you’ll find the Agile PLM, Agile PLM for Process, Product Hub, and AutoVue sessions, as well as learn about our upcoming release of Oracle Innovation Management. This area features four tracks of sessions, hands-on workshops, and solution demonstrations followed by industry groups for more focused discussion. We’ll have four general sessions throughout Tuesday and Wednesday featuring inspiring industry speakers. We will be releasing Agile PLM, PIM, Process, and AutoVue customer speaker names, partners and an agenda on the event website in the next few days.

Track: Product Insights & Best Practices.  This track provides executive attendees and line of business managers with an overview of how customers leverage Agile PLM to enable critical product-related business processes to achieve value.

Track: Product Deep Dives & Demos.  This track delivers line of business and IT managers a better understanding of the benefits associated with expanding your Agile PLM footprint. Sessions delve into some of the most inspiring use cases.

Track: Administration & Integration.  This track features sessions for Agile administrators, managers and daily Agile PLM users who are preparing to upgrade or looking to extend the use of their current PLM implementation. Sessions include deeper conversations about features and successfully managing the full infrastructure.

Track: PLM for Process and Product Information Management (PIM). This track provides the opportunity to learn about Oracle’s Agile PLM for Process solution tailored for process industries, as well as PIM solutions such as Oracle Product Hub and Enterprise Data Quality for improving the integrity of data enterprise-wide.

Industry-Focused Sessions for PLM Use Cases.  During the last sessions on Wednesday, attendees meet in industry focus groups to facilitate deeper discussion of key issues in High Tech, Life Sciences, Industrial Manufacturing, and Consumer Goods.

A New Era of Supply Chain Experience

This year we’re very excited to offer new networking and hands-on learning opportunities. Check out the VCS User Experience Area where you can test drive demos of the latest products on iPads. Enjoy lunch with like-minded professionals during Birds of a Feather discussion tables.   Hear about the latest advances in In-Memory Applications, and learn from 120 experienced sponsoring partners. We’re doing all we can to make this year’s event is the most valuable conference you’ll visit in 2014. Please register and I’ll see you in San Jose!

Join the Oracle Value Chain Summit Group on LinkedIn and follow Kerrie on Twitter @KerJordan and #OVCS

Tuesday Jul 02, 2013

Hot Off the Press: Oracle Publishes Agile PLM E-Book

We’re pleased to share with you our new Oracle e-book, all about Agile PLM!  This online publication offers a mobile-friendly, interactive learning experience to explore PLM topics, including:

• Benefits of taking a strategic, enterprise approach to managing the lifecycle of a product

• How to identify and overcome the obstacles preventing your ideas from converting into profitable products

• Quick overview video and descriptions of the solutions comprising Oracle’s Enterprise PLM solutions

• Analyst perspectives and customer stories, including 4 testimonial videos from JDSU, Medtronic, Market America, and Alcatel-Lucent.

It takes just a moment to download, so check it out today!

Tuesday Nov 20, 2012

The Business of Winning Innovation: An Exclusive Blog Series

"The Business of Winning Innovation” is a series of articles authored by Oracle Agile PLM experts on what it takes to make innovation a successful and lucrative competitive advantage. Our customers have proven Agile PLM applications to be enormously flexible and comprehensive, so we’ve launched this article series to showcase some of the most fascinating, value-packed use cases.


In this article by Keith Colonna, we kick-off the series by taking a look at the science side of innovation within the Consumer Products industry and how PLM can help companies innovate faster, cheaper, smarter. This article will review how innovation has become the lifeline for growth within consumer products companies and how certain companies are “winning” by creating a competitive advantage for themselves by taking a more enterprise-wide,systematic approach to “innovation”.

Managing the Science of Innovation within the Consumer Products Industry

By: Keith Colonna, Value Chain Solution Manager, Oracle

The consumer products (CP) industry is very mature and competitive. Most companies within this industry have saturated North America (NA) with their products thus maximizing their NA growth potential. Future growth is expected to come from either expansion outside of North America and/or by way of new ideas and products. Innovation plays an integral role in both of these strategies, whether you’re innovating business processes or the products themselves, and may cause several challenges for the typical CP company,

Becoming more innovative is both an art and a science. Most CP companies are very good at the art of coming up with new innovative ideas, but many struggle with perfecting the science aspect that involves the best practice processes that help companies quickly turn ideas into sellable products and services.

Symptoms and Causes of Business Pain

Struggles associated with the science of innovation show up in a variety of ways, like:

· Establishing and storing innovative product ideas and data

· Funneling these ideas to the chosen few

· Time to market cycle time and on-time launch rates

· Success rates, or how often the best idea gets chosen

· Imperfect decision making (i.e. the ability to kill projects that are not projected to be winners)

· Achieving financial goals

· Return on R&D investment

· Communicating internally and externally as more outsource partners are added globally

· Knowing your new product pipeline and project status

These challenges (and others) can be consolidated into three root causes:

  1. A lack of visibility
  2. Poor data with limited access
  3. The inability to truly collaborate enterprise-wide throughout your extended value chain

Choose the Right Remedy

Product Lifecycle Management (PLM) solutions are uniquely designed to help companies solve these types challenges and their root causes. However, PLM solutions can vary widely in terms of configurability, functionality, time-to-value, etc. Business leaders should evaluate PLM solution in terms of their own business drivers and long-term vision to determine the right fit. Many of these solutions are point solutions that can help you cure only one or two business pains in the short term. Others have been designed to serve other industries with different needs. Then there are those solutions that demo well but are owned by companies that are either unable or unwilling to continuously improve their solution to stay abreast of the ever changing needs of the CP industry to grow through innovation.

What the Right PLM Solution Should Do for You

Based on more than twenty years working in the CP industry, I recommend investing in a single solution that can help you solve all of the issues associated with the science of innovation in a totally integrated fashion. By integration I mean the (1) integration of the all of the processes associated with the development, maintenance and delivery of your product data, and (2) the integration, or harmonization of this product data with other downstream sources, like ERP, product catalogues and the GS1 Global Data Synchronization Network (or GDSN, which is now a CP industry requirement for doing business with most retailers).

The right PLM solution should help you:

  • Increase Revenue. A best practice PLM solution should help a company grow its revenues by consolidating product development cycle-time and helping companies get new and improved products to market sooner. PLM should also eliminate many of the root causes for a product being returned, refused and/or reclaimed (which takes away from top-line growth) by creating an enterprise-wide, collaborative, workflow-driven environment.
  • Reduce Costs. A strong PLM solution should help shave many unnecessary costs that companies typically take for granted. Rationalizing SKU’s, components (ingredients and packaging) and suppliers is a major opportunity at most companies that PLM should help address. A natural outcome of this rationalization is lower direct material spend and a reduction of inventory. Another cost cutting opportunity comes with PLM when it helps companies avoid certain costs associated with process inefficiencies that lead to scrap, rework, excess and obsolete inventory, poor end of life administration, higher cost of quality and regulatory and increased expediting.
  • Mitigate Risk. Risks are the hardest to quantify but can be the most costly to a company. Food safety, recalls, line shutdowns, customer dissatisfaction and, worst of all, the potential tarnishing of your brands are a few of the debilitating risks that CP companies deal with on a daily basis. These risks are so uniquely severe that they require an enterprise PLM solution specifically designed for the CP industry that safeguards product information and processes while still allowing the art of innovation to flourish.

Many CP companies have already created a winning advantage by leveraging a single, best practice PLM solution to establish an enterprise-wide, systematic approach to innovation.

Oracle’s Answer for the Consumer Products Industry

Oracle is dedicated to solving the growth and innovation challenges facing the CP industry. Oracle’s Agile Product Lifecycle Management for Process solution was originally developed with and for CP companies and is driven by a specialized development staff solely focused on maintaining and continuously improving the solution per the latest industry requirements. Agile PLM for Process helps CP companies handle all of the processes associated with managing the science of the innovation process, including: specification management, new product development/project and portfolio management, formulation optimization, supplier management, and quality and regulatory compliance to name a few.

And as I mentioned earlier, integration is absolutely critical. Many Oracle CP customers, both with Oracle ERP systems and non-Oracle ERP systems, report benefits from Oracle’s Agile PLM for Process. In future articles we will explain in greater detail how both existing Oracle customers (like Gallo, Smuckers, Land-O-Lakes and Starbucks) and new Oracle customers (like ConAgra, Tyson, McDonalds and Heinz) have all realized the benefits of Agile PLM for Process and its integration to their ERP systems.

More to Come

Stay tuned for more articles in our blog series “The Business of Winning Innovation.” While we will also feature articles focused on other industries, look forward to more on how Agile PLM for Process addresses innovation challenges facing the CP industry. Additional topics include: Innovation Data Management (IDM), New Product Development (NPD), Product Quality Management (PQM), Menu Management,Private Label Management, and more! .

Watch this video for more info about Agile PLM for Process

Tuesday May 08, 2012

New Free Report Available: 28 pages on Oracle’s Enterprise PLM Solution

Featuring seven customer case studies and enriched with industry-specific best practices throughout, this Oracle Enterprise PLM Report is most definitely a “one-stop-shop” for anyone looking for a solid overview of Oracle’s Agile PLM and complementary solutions.

Here’s a brief summary of the almost 30 pages of content:

The Origins: From Agile Software to Oracle

As part of its commitment to providing the most complete, most integrated and most industry-oriented range of applications available, Oracle in 2007 acquired Agile Software Corp., a leading provider of Product Lifecycle Management (PLM) software solutions worldwide.  Since that date, Oracle has extended and further developed its PLM applications portfolio to create the industry’s most comprehensive suite of applications for full, enterprise-scale PLM throughout the product value chain.

The Challenges for Product-Oriented Businesses

From industrial manufacturing to pharmaceuticals and retail, today’s product-oriented industries face a unique set of challenges such as complex design and supply chains, increased global competition, market demand for customized products, economic uncertainty, and industry regulations.  To thrive in these conditions, product businesses need to be efficient, agile and innovative while ensuring quality, traceability and safety.  But this difficult to achieve for many businesses, which are often plagued by delays and failures due to disjointed and inefficient product development and commercialization processes. 

The Oracle Solution

Drawing on our extensive work with product-oriented businesses across multiple industry sectors, Oracle has developed the expertise and the technology solutions to enable a new streamlined approach to managing the product lifecycle: managing the entire product value chain with Enterprise PLM solutions.  Enterprise PLM is much more than just a technology solution.  It represents a new, strategic approach to the product value chain that emphasizes process efficiency, cross-functional collaboration in the extended enterprise, rapid innovation, rigorous quality control, risk mitigation and cost effectiveness.

The Industries

Recognizing that different industry sectors have unique pressures and concerns, Oracle has developed dedicated Enterprise PLM solutions for a range of industries, including Pharmaceuticals, Medical Devices, Retail, Industrial Manufacturing, High Tech Electronics, Consumer Packaged Goods and Food & Beverage.

Pharmaceuticals: Enabling Business Transformation
With a case study on
Bayer Healthcare

Medical Devices: Supporting Innovation, Accelerating Compliance
With a case study on
Stryker

Retail: Get Control of Product Information
With a case study on
7-Eleven

High Tech Electronics: Accelerate Innovation in a Fast-Moving Industry
With a case study on
Sun Microsystems

Consumer Packaged Goods: More Efficient, More Competitive
With a case study on
Herbalife

Industrial Manufacturing: Bring Better Products to Market, Faster
With a case study on
ZF Friedrichshafen AG

Food and Beverage: Improve Compliance at Lower Cost
With a case study on
Tyson Foods

The Recommendations

Oracle recommends that in order to start taking advantage of the benefits of Enterprise PLM, supply chain technology leaders and CIOs should undertake a few key actions:

  1. Take a purposeful, thoughtful and honest inventory of existing IT product value chain operations and opportunities.
  2. Develop a complete understanding of Oracle’s Enterprise PLM capabilities and how they may be deployed to fulfill specific operational product value chain priorities.
  3. Develop short-term and long-term roadmaps for Oracle strategy and deployment to optimize product value chain impact.
This summary features just a few highlights from the full report, so please read it today!

Monday Jul 11, 2011

Considering Manufacturing's Link to Innovation and the Global Economy

As US President Obama Launches the Advanced Manufacturing Partnership (AMP), we thought we’d take a moment to consider the impact of manufacturing on a nation and the global network of product designers, suppliers, producers, marketers, and customers. An interesting article called "Why Manufacturing Matters" by Suzanne Berger gives a compelling perspective on manufacturing’s link to innovation and economic advancement. From large outsourced corporations to small in-house manufacturers, innovation in how you bring a product to market is the key to success, can happen at any point in the value chain, and has ripple effects at home and worldwide. You’ll probably even recognize many of the case studies in the article as Oracle Agile PLM customers.

Have a comment? Feel free to join the discussion here, on Facebook, or on Twitter.

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