An overall vision of the information system
The complementary nature of the two applications ensures data consistency and thus provides total control over the development and launch cycle of your products:
PLM’s handling of the product repository, its multiple ramifications, and intellectual capital are key elements in future innovation. With the ability to manage a precise innovation cycle, businesses can be more reactive in a world where regulations and controls are increasingly strict. Reliable data and collaborative processes improve consistency and speed up all stages of execution upstream.
ERP must remain a reliable operational resource, uncluttered by unsuccessful innovations or data not needed for production purposes. Nonetheless, keeping all the ideas, intentions and iterations is an undeniable source of value for the marketing and R&D teams.
The execution cycle is different from the innovation cycle. The supply chain requires precise and immediate information about demand, production capacity and planning. Without accurate inventory and order tracking, consumer demand can go unmet.
Good execution management involves monitoring schedules and performance analysis to transform operational performance into financial results.