Oracle’s PLM Summit Focuses on Profitability
February 10, 2012
The 3rd Annual Oracle Agile Product Lifecycle Management Summit just wrapped up in Santa Clara, California. The focus this year was to Optimize Your Product Value Chain for Increased Profitability.
The attendees were introduced to “trends, challenges and best practices that are helping organizations to:
- Accelerate innovation through ideation management and collaboration, product portfolio management and analytics, data consolidation and cleansing, and a rich enterprise product record.
- Design for supply with product cost management, outsourced manufacturing and product collaboration, product supply risk analytics, and spend consolidation.
- Align the value chain through integrated portfolio and business planning, enterprise quality management and analytics, accurate and clean product data publishing, and rapid product commercialization
There were general sessions discussing everything from profitability to optimization; as well as break out session and industry focus groups.
Oracle is not the only company “turning innovation into a competitive advantage.” Technology companies like Inforbix may not be as big, but are offering companies, big and small, the same advantages. Inforbix is designed to simplify data access, increase profitability, and yet be affordable for manufacturing companies of all sizes. Who knows – may be next year Inforbix will be holding a summit of their own!
Jennifer Wensink, February 10, 2012
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