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Software Evaluation Features and Functions

Before you can begin comparing enterprise software solutions, it's important to understand the features and functions that you need to run your business.Below, you'll find links to comprehensive models of features and functions for several types of enterprise software, accounting, asset management, business intelligence (BI), content management systems (CMS), enterprise resource planning (ERP), human capital management (HCM), product lifecycle management (PLM), product portfolio management (PPM), relationship management, and supply chain management (SCM). These feature/function models can help you better understand vendor offerings as you compare software solutions, including

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Product Lifecycle Management (PLM) Features and Functions

Product lifecycle management (PLM) software features and functions help manage the development of products and services—from the initial idea through to design, production, and delivery. Typical PLM features and functions include product development and portfolio management, manufacturing process management, ideation and requirements management, service data, and regulatory and compliance. Some PLM solutions also incorporate vital product data management (PDM) features and functions. While some PLM vendors offer comprehensive generalized systems, others offer specialized solutions for process manufacturing, discrete manufacturing, new product development and introduction (NPDI), and industries such as fashion and apparel. To find the best PLM system for your business, it's important to understand which features and functions you need before you compare PLM solutions.

Manufacturing Process Management (MPM)

The Manufacturing Process Management Knowledge Base addresses the processes associated with Manufacturing Engineering, or Digital Process Design, including the design, documentation, validation, management, and communication of production processes to both internal and external entities.

Product Development and Portfolio Management

The Product Development and Portfolio Management Knowledge Base covers the execution processes of new product development projects and programs, including phase-gate processes. It also addresses Product Portfolio Management (PPM), including the evaluation processes of new and existing products and product portfolios to provide the most valuable, balanced, and well aligned portfolio of products.

Product Lifecycle Management (PLM)

This comprehensive product lifecycle management (PLM) knowledge base models modern product and design-related aspects of PLM for both discrete and process industries. It details product development and portfolio management, manufacturing process management, ideation and requirements management, service data, and regulatory and compliance criteria. This comprehensive knowledge base incorporates the criteria of TEC's other PLM knowledge bases.

Product Information Management (PIM)

Product information management (PIM) provides a common, central repository to manage all types of information about finished products. It integrates with back office systems and provides additional workflow management.

Core PLM for Process Industries

Core PLM, Product Specification and Recipe Management (PDM and RM) for Process Industries covers the base foundation of PLM for the process (or recipe-based) manufacturing industries such as food & beverage, chemical, pharmaceutical and others. It covers design and product-related aspects of PLM including management of material specifications, recipes, formulas, production processes, design tools, document management and collaboration.

Core PLM for Discrete Industries

Core PLM and Product Data Management (PDM) for Discrete Industries covers the base foundation of PLM for the discrete manufacturing industries such as automotive, electronics, aerospace and defense, medical devices, complex machinery and others. It covers design and product-related aspects of PLM including management of material specifications, product structures, production processes, design tools, document management, and design collaboration.

Regulatory and Compliance

The Regulatory and Compliance Knowledge Base covers the requirements for ensuring products and their associated materials comply with both external and intenal rules and regulations. It covers regulatory and requirements needs, as well as product related components of Environmental Health and Safety (EH&S).

PLM for the Fashion Industry

Product Lifecycle Management (PLM) for Fashion RFI is an evaluation model containing tailored PLM criteria and extra functionalities that serve the specificities of this industry in order to help fashion goods (including apparel, footwear, accessory and home fashion) manufactures and retailers to achieve more efficient product development, lower cost, and better collaboration and control throughout the whole supply chain.

PLM for the Retail Industry

Product Lifecycle Management (PLM) for Fashion RFI is an evaluation model containing tailored PLM criteria and extra functionalities that serve the specificities of this industry in order to help fashion goods (including apparel, footwear, accessory and home fashion) manufactures and retailers to achieve more efficient product development, lower cost, and better collaboration and control throughout the whole supply chain.

Software Evaluation Features and Functions
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