Process Manufacturers Drive Growth and Innovation with Infor PLM.Latest Release of Infor PLM (Product Life cycle Management) A comprehensive information system that coordinates all aspects of a product from initial concept to its eventual retirement. Sometimes called the "digital backbone" of a product, it includes the requirements phase, analysis and design Optiva Dramatically Reduces Time to Market ATLANTA Atlanta (ətlăn`tə, ăt–), city (1990 pop. 394,017), state capital and seat of Fulton co., NW Ga., on the Chattahoochee R. and Peachtree Creek, near the Appalachian foothills; inc. 1847. -- Infor today announced availability of the latest version of Infor PLM Optiva, the product lifecycle Product lifecycle or product life cycle is the course of a product's sales and profits over time. The five stages of each product lifecycle are product development, introduction, growth, maturity and decline. management solution designed to meet the unique needs of process industries, including food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. , home and personal care and specialty chemical A Specialty chemical is a chemical produced for a specialized use. They are produced in lower volume than bulk chemicals, of which petrochemicals, made from oil feedstocks, are the most common. However, both are produced in a chemical plant. manufacturers. This latest release enables process manufacturers worldwide to rapidly respond to market demand for their products by streamlining the business processes that support product innovation. The new features improve operational efficiency across the enterprise, allowing manufacturers to significantly reduce time to market. Features in the new version of Optiva include new user interfaces, regulatory compliance authoring and management capabilities, and SOA-enablement that seamlessly extends business processes across the value chain to drive collaboration Working together on a project. See collaborative software. . With these features, companies can benefit from improved data sharing The ability to share the same data resource with multiple applications or users. It implies that the data are stored in one or more servers in the network and that there is some software locking mechanism that prevents the same set of data from being changed by two people at the same time. and increased profitability, while remaining industry and government compliant. "Optiva is a business-specific PLM solution that enables customers to quickly adapt internal and extended enterprise processes - from concept to commercialization," said Rory Ro´ry a. 1. Dewy. And shook his wings with rory May-dew wet. - Fairfax. Granros, Infor's director of industry and product marketing for Process Industries. "The result is faster time-to-market for new products, higher product success rates and, ultimately, additional profitable revenue streams." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. industry analysts, the need for better design and project collaboration is driving the adoption of product lifecycle management solutions. This is due in large part to the fact that nearly two-thirds of all manufacturing costs associated with taking a product to market are determined during the concept and design stage of a product's life cycle. Companies need to design products in a way that optimizes manufacturing functions while assuring the best cost, quality and regulatory compliance. "Isolated design decisions can have distressing impacts on a company's profitability," wrote Roy C. Wildeman, Senior Analyst, in Design for Manufacturability Becomes a Reality, Forrester Research Forrester Research is an independent technology and market research company that provides its clients with advice about technology's impact on business and consumers. Corporate facts
Optiva can help companies successfully support design for manufacturing practices by providing enhanced visibility for improved collaboration, coordination, and analysis throughout the design process. The solution enables food and beverage, home and personal care and specialty chemical companies to dramatically reduce the risks associated with new product innovation, such as time and cost. Customers can significantly increase agility and flexibility to dynamically manage changes more efficiently and effectively, and identify new revenue streams through product extensions and market expansion. Optiva's redesigned user interfaces (UI) enhance ease of use, decrease training time and improve productivity. Configurable layouts allow users to customize the screens and improve access to information across the extended enterprise. To better manage regulatory compliance, Optiva now includes authoring enhancements that allow companies to reduce the time and costs associated with the generation and management of Material Safety Data Sheets and Hazard Labels. Optiva is automatically updated with industry and government regulatory rules, which helps manufacturers reduce their compliance and maintenance costs. About Infor Infor delivers business-specific software to enterprising en·ter·pris·ing adj. Showing initiative and willingness to undertake new projects: The enterprising children opened a lemonade stand. organizations. With experience built in, Infor's solutions enable businesses of all sizes to be more enterprising and adapt to the rapid changes of a global marketplace. With more than 70,000 customers, Infor is changing what businesses expect from an enterprise software provider. For additional information, visit www.infor.com. |
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