Wipro and Oracle Develops Product Lifecycle Management Solution

[prakashseth]

News Facts

• Wipro Technologies, the global IT services division of Wipro, today announced that it has entered into a co-development initiative with Oracle to jointly develop a product lifecycle management solution for the Consumer Packaged Goods industry.
• The new process integration pack (PIP) solution is being developed using Oracle Application Integration Architecture (AIA), and intends to integrate Oracle's Agile Product Life Cycle Management (PLM) for Process with Oracle Process Manufacturing and Oracle Product Hub. The integration will provide a streamlined and orchestrated product lifecycle management process for the Consumer Packaged Goods (CPG) industry and help customers achieve a faster time to market with better visibility on compliance issues.
• Wipro's contribution will include CPG domain expertise as well as development skills and accelerators to co-develop the solution with Oracle. This solution intends to offer a business process-based integration that is easy to deploy, configure, operate, maintain and upgrade, thereby offering an optimal 'total cost of ownership' structure for customers.
• Wipro is a Platinum Partner in the Oracle PartnerNetwork.

Supporting Quotes

• "Working with Wipro to co-develop integrations with Agile PLM should equip our Consumer Goods customers with new efficiencies across the Product Value Chain," said Bernard Goor, Vice President, Consumer Goods, Oracle. "Wipro brings a deep understanding of the CPG industry and skills around Oracle Applications and Oracle AIA and we look forward to creating a solution that can help increase efficiencies in quality control, vendor selection and labeling compliance norms."
• "Wipro is excited to work with Oracle to develop this PIP to provide an Integrated Product Record from supplier to finished product. This will help remove the traditional gaps and silos that cause risks and delay during most product introductions. It will also help ensure that the entire business process is supported with the accurate and timely information which is critical to maintain traceability and achieve compliance," said Somjit Amrit, Vice President, Consumer Packaged Goods Industry Vertical Wipro Technologies. "We understand the complexities that CPG companies face today as regulations and customers demand more of them. This solution will help enable CPG companies to be more innovative and launch new products faster and with significantly lower risk."

[Caiden]

I found a tool called Infor PLM Optiva. This is a solution for managing the life cycle of products that help manufacturers reduce time to market of new products while improving their quality. The management of product life cycle enables you to control all stages of the life of a product. So you must have a proper tool that can give you an entire information on what is going on with future stats.