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The Importance of Compliance Management in PLM integration

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It is possible to derive value from Product Lifecycle Management (PLM) solutions in a variety of ways, including: faster introduction of products; lower cost of products; increased product sales; higher product quality; reduced waste; and more valuable product portfolios. However, compliance management is one area that does not receive nearly as much attention as it should. The difficulty with failing to manage compliance is that a substantial portion of the value associated with Product Lifecycle Management is dependent on handling compliance in a cost-effective manner. On the other hand, substantial non-compliance incidents that have a negative impact on the business through fines and penalties, unfavorable publicity, or the inability to sell new products in important markets, which may swiftly undo all of the benefits gained through PLM. Although compliance risk is not a widely discussed topic, it is vital to the creation and selling of successful products, as well as to the achievement of responsible, long-term business profitability.

Topics: Oracle PLM Cloud, GoSaaS EG&C, regulatory compliance

Oracle Fusion Cloud vs. Propel PLM

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Digital innovation is not only evolving the product's features but also the way they are designed and manufactured. To remain relevant in the changing market dynamics, enterprises must continuously strategize ways to optimize operational efficiency and infrastructure costs, improve product quality, and reduce time to market to accelerate overall growth of the business.

Topics: Oracle PLM Cloud, Propel PLM, Oracle Fusion Cloud

Essentials of Quality Management for Life Sciences Industry

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A quality management system  is essential to the success of the life sciences industry. However, meeting business goals requires quality regulatory compliance for continuous improvement and safety assurance of products.

Topics: Oracle PLM Cloud, Oracle Quality Management, Life Sciences

The transformation in Semiconductor industry with Integration of Smart Technologies

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PLM Cloud Makes Adding More Elements to IIoT Very Easy

When Karl Ferdinand Braun developed the first-ever semiconductor device called the crystal detector in 1874, little did the world know its impact on human existence, especially how things are manufactured. The innovation birthed many semiconductor industries, and their impact has been tremendous.

Topics: Oracle PLM Cloud, Industry 4.0, Manufacturing Industry, Semiconductor, Smart Technology

Business Applications for the Medical Device Industry

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The medical device industry faces enormous pressures that range from urgent product innovation to supply chain inefficiencies, quality inconsistency, and increased regulatory compliance, such as tracking employee training at each manufacturing step. Such issues require either optimizing current technological assets or upgrading to new solutions. With the right tools that provide visibility, interconnectedness, analytics, and transparency, developing compliant products at scale with agility and increased ROI can become a reality..

Topics: Oracle PLM Cloud, Agile Product Lifecycle Management, Medical Device Industry