With a PLM solution in place, a company has the ability to automate, monitor, and track product development and revision processes with their customers, suppliers, and employees amid the increasing pressures of mass customization, globalization, regulatory compliance, outsourcing, and product accountability, which are just some market driving forces.
partnering strategically to embed PLM functions within their suites. Namely, some enterprise application vendors like Oracle , SAP , IFS , SSA Global , MAPICS , Epicor and others have been adding some of the above PLM capability into their products, in addition to the likes of PeopleSoft and QAD still filling their gaps through partnerships, with Agile and Arena Solutions , respectively. One example of this is the May, 2004 announcement of Vantage PLM from ERP vendor Epicor. Vantage PLM is an integrated