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Navigating Between Service Management Scylla & Charybdis - Part 1
It is no longer breaking news to say that the US and the European Union (EU) are turning from product-based to service economies. The trend of the increasing

journal of product lifecycle management  decisions. The recent Harvard Business Journal (HBR)  article entitled “Winning in the Aftermarket” links  customer satisfaction  to revenue. The belief is that well-served customers become repeat customers, which customers then create a continuous  revenue stream  for the company. In the non-manufacturing realm, premium chain hotels are attempting to discern their clientele preferences and accommodate their (sometimes quirky) preferences as they stay throughout the world. This attention to Read More...
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...
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Documents related to » journal of product lifecycle management


The Internet of Things (IoT)—Manufacturers Making the Connections
The Internet of Things (IoT) is much more than a hot topic—it is creating new business opportunities for manufacturers. Find out how in Ted Rohm's post.

journal of product lifecycle management  Ashton in the RFID Journal , the IoT has become more than a hot, mainstream topic, making it to the top of the news. In fact, it is projected to have one of the largest global economic impacts in the coming decades. Up until recently, the Internet had been primarily the domain of people. People have had to log into the Internet to search for information, products, or services. People would then communicate over the Internet to check out a product, resolve an issue with the product, and get the services Read More...
Enterprise Asset Management Strategies: Creating Social and Financial Value by Going Green
Progressive companies are discovering that they can optimize processes and assets to make the best use of resources, reduce negative impact on the environment

journal of product lifecycle management  in The Wall Street Journal.1 Going Green can also help organizations grow the bottom line. Why go Green now? While many organizations anticipate that government regulations will soon require them to make changes in the way they conduct business, customers, investors, citizens, and even boards of directors are starting to apply pressure today, further encouraging businesses and municipalities to go Green. There is plenty of evidence to suggest that organizations recognize the importance of doing so sooner Read More...
Employee Performance Management: Making It a Reality in Your Organization
Over 90 percent of human resources (HR) professionals rate employee performance management (EPM) as a top priority. Yet considerably fewer have EPM systems

journal of product lifecycle management  Y 365 Day Performance Journal Y Y Y Integration With Compensation Y Y Y Multi-rater / 360 Integration Y Y Y Current Number of Customers 315 209 45 References Good Weak Good Pricing       Year 1 Costs $20,000 $15,000 $30,000 Year 2 Costs $4,400 $12,000 $6,000 Year 3 Costs $4,400 $12,000 $6,000 Year 4 Costs $4,400 $12,000 $6,000 Year 5 Costs $4,400 $12,000  $6,000   Once this form is completed, the results can be tallied for each of the vendors under consideration and a clear leader should emerge for Read More...
The (Underappreciated) Value of B2B Pricing Software
Conventional wisdom would suggest that pricing, as a key component of a business’s financial performance, is a critically important discipline within any

journal of product lifecycle management  prices. A Wall Street Journal (WSJ) February 2011 article had a self-explanatory title: “Threat Builds on the Margins: Companies’ Profitability Comes Under Pressure From Rising Commodity Prices.” For its part, at about the same time CFO Magazine unveiled the following top concerns of CFOs for 2011: The ability to maintain margins The ability to forecast results Price pressures from competitors Moreover, Gartner’s MarketScope document cites the following five key underlying market trends that are Read More...
Tenrox Project Workforce Management Certification Report: Project Portfolio Management (PPM) for Internal Departments
Tenrox Project Workforce Management is now TEC Certified for online evaluation of PPM solutions in the Project and Process Management Evaluation Center. The

journal of product lifecycle management  Project Workforce Management Certification Report: Project Portfolio Management (PPM) for Internal Departments Tenrox Project Workforce Management is now TEC Certified for online evaluation of PPM solutions in the Project and Process Management Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product Read More...
Cash Management 101
Cash management is an essential business process all organizations must perform to survive. Though cash management uses automation for much of the “grunt” work,

journal of product lifecycle management  Management 101 Cash management is a need common to both large and small businesses alike. In its simplest terms, cash management is the assurance that today's receivables plus today's account balances exceed today's payables. Failure to practice this business management process guarantees bankruptcy. Every large organization has a cash management group, sometimes called the treasury . This group's function includes management of such items as investments and borrowing in addition to the organization's Read More...
Bizagi BPM Suite 9.1 Business Process Management Product Certification Report
Bizagi BPM Suite 9.1 by Bizagi is now TEC Certified for online evaluation of business process management solutions in TEC's BPM Evaluation Center. The

journal of product lifecycle management  BPM Suite 9.1 Business Process Management Product Certification Report Bizagi BPM Suite 9.1 by Bizagi is now TEC Certified for online evaluation of business process management solutions in TEC's BPM Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for this BPM product's highlights, competitive analysis, product analysis, and in-depth BPM analyst Read More...
Business Process Management Notations within Business Process Management
Business process management notation (BPMN) is an initiative to increase standardization within process modeling. What are the principles of BPMN, and what is

journal of product lifecycle management  Process Management Notations within Business Process Management Introduction Business process management notation (BPMN) is the latest standard for modeling business processes and Web services. The Business Process Management Initiative ( BPMI ) (www.bpmi.org) was established to develop, support, and encourage the use of BPMN. The BPMI Notation Working Group ( BPMN-WG ) worked for over two years to develop BPMN before its 1.0 release in May 2004. The primary goal of the BPMN initiative was to Read More...
Case Study: More Efficient Hospital Management Systems with Content Management Tools
Hospital de la Santa Creu i Sant Pau I is the oldest hospital in Spain, with over 34,000 admissions each year and 150,000 emergencies. In 1999, the hospital

journal of product lifecycle management  Study: More Efficient Hospital Management Systems with Content Management Tools Hospital de la Santa Creu i Sant Pau I is the oldest hospital in Spain, with over 34,000 admissions each year and 150,000 emergencies. In 1999, the hospital began to implement an intranet to provide information to employees, with an update in 2003 to provide visibility of corporate information. Learn how the company is integrating a content management system with portal tools to integrate processes and improve efficiency. Read More...
Facilitating Compliance and Intelligent Information Management with Effective Database Management
Data breach is a very real problem in business today. Every day, organizations store massive amounts of data inside database tables—data ranging from credit

journal of product lifecycle management  Compliance and Intelligent Information Management with Effective Database Management Data breach is a very real problem in business today. Every day, organizations store massive amounts of data inside database tables—data ranging from credit card transactions to product inventories. This valuable information is what runs the business. In order to protect this data and stay on top of compliance, an enterprise data management solution that respects information privacy regulations should be Read More...
State of the Art in TCO: Managing the Total Cost of Ownership
Total cost of ownership (TCO) is one of the most difficult metrics to benchmark. Even when using the clearest of metrics, companies often obtain inadequate

journal of product lifecycle management  of the Art in TCO: Managing the Total Cost of Ownership Total cost of ownership (TCO) is one of the most difficult metrics to benchmark. Even when using the clearest of metrics, companies often obtain inadequate results. Instead of thinking solely about how to calculate and reduce TCO, companies should think about how to manage TCO from a business perspective, in order to leverage solid, results-oriented decisions about IT solutions. Read More...
Program Management Office: A Term Not Fully Understood
The term program management office (PMO) has been around for some time. Its core concepts, methods, and benefits have remained constant, while resources and

journal of product lifecycle management  Management Office: A Term Not Fully Understood Estrella Partners provides consultative services for all aspects of PMOs, including but not all inclusive of Program Resourcing / Staffing, Program Assessments, Program Business Case, PMO start-up, PMO Management, and any subcomponent of a program from Risk Management to Quality Assurance, to Deliverables Management, to Communications, etc... Source: Estrella Partners Group LLC Resources Related to Program Management Office: A Term Not Fully Read More...
Core HR Systems: Flawless Execution Enabling Strategic HR Management
Human resources (HR) professionals are tasked with ensuring employee needs are fulfilled and employer interests are protected. Management of core employee data,

journal of product lifecycle management  HR Systems: Flawless Execution Enabling Strategic HR Management Human resources (HR) professionals are tasked with ensuring employee needs are fulfilled and employer interests are protected. Management of core employee data, such as record-keeping, time and attendance, and payroll processing, is a cornerstone of every HR operation, and the way companies collect and maintain such data is critical. Find out what core HR management capabilities and systems today’s companies are using. Read More...

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