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Product Data Record
A product record (or product data record) is the data associated with the entire lifecycle of a product from its conception, through design and manufacture, to service and disposal. It includes all the information used to develop, describe, manage and communicate information about products and critical linkage between relevant data elements. It is a key concept of product lifecycle management (PLM) and product data management (PDM), because it represents all the data that PLM processes and software manage and allow access to. The product record is the single version of the truth In computerized business management, single version of the truth (SVOT), is a technical concept describing the data warehousing ideal of having either a single centralised database, or at least a distributed synchronised database, which stores all ... for product data and implementing PLM is not possible without first designing the product record. However, PLM solutions often do not physically host all the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Product Lifecycle Management
In industry, Product Lifecycle Management (PLM) is the process of managing the entire lifecycle of a product from its inception through the engineering, design and manufacture, as well as the service and disposal of manufactured products. PLM integrates people, data, processes and business systems and provides a product information backbone for companies and their extended enterprises. History The inspiration for the burgeoning business process now known as PLM came from American Motors Corporation (AMC). The automaker was looking for a way to speed up its product development process to compete better against its larger competitors in 1985, according to François Castaing, Vice President for Product Engineering and Development. Lacking the "massive budgets of General Motors, Ford, and foreign competitors … AMC placed R&D emphasis on bolstering the product lifecycle of its prime products (particularly Jeeps)." After introducing its compact Jeep Cherokee (XJ), the vehicle th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Product Data Management
Product data management (PDM) should not be confused with product information management (PIM). PDM is the name of a business function within product lifecycle management (PLM) that is denotes the management and publication of product data. In software engineering, this is known as version control. The goals of product data management include ensuring all stakeholders share a common understanding, that confusion during the execution of the processes is minimized, and that the highest standards of quality controls are maintained. Introduction Product data management is the use of software or other tools to track and control data related to a particular product. The data tracked usually involves the technical specifications of the product, specifications for manufacture and development, and the types of materials that will be required to produce goods. The use of product data management allows a company to track the various costs associated with the creation and launch of a product. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Single Version Of The Truth
In computerized business management, single version of the truth (SVOT), is a technical concept describing the data warehousing ideal of having either a single centralised database, or at least a distributed synchronised database, which stores all of an organisation's data in a consistent and non-redundant form. This contrasts with the related concept of single source of truth (SSOT), which refers to a data storage principle to always source a particular piece of information from one place. Applied to message sequencing In some systems and in the context of message processing systems (often realtime systems), this term also refers to the goal of establishing a single agreed sequence of messages within a database formed by a particular but arbitrary sequencing of records. The key concept is that data combined in a certain sequence is a "truth" which may be analyzed and processed giving particular results, and that although the sequence is arbitrary (and thus another correct but ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Product Lifecycle Management
In industry, Product Lifecycle Management (PLM) is the process of managing the entire lifecycle of a product from its inception through the engineering, design and manufacture, as well as the service and disposal of manufactured products. PLM integrates people, data, processes and business systems and provides a product information backbone for companies and their extended enterprises. History The inspiration for the burgeoning business process now known as PLM came from American Motors Corporation (AMC). The automaker was looking for a way to speed up its product development process to compete better against its larger competitors in 1985, according to François Castaing, Vice President for Product Engineering and Development. Lacking the "massive budgets of General Motors, Ford, and foreign competitors … AMC placed R&D emphasis on bolstering the product lifecycle of its prime products (particularly Jeeps)." After introducing its compact Jeep Cherokee (XJ), the vehicle th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Information Technology Management
Information technology management or IT management is the discipline whereby all of the information technology resources of a firm are managed in accordance with its needs and priorities. Managing the responsibility within a company entails many of the basic management functions, like budgeting, staffing, change management, and organizing and controlling, along with other aspects that are unique to technology, like software design, network planning, tech support etc. Purpose The central aim of IT management is to generate value through the use of technology. To achieve this, business strategies and technology must be aligned. IT Management is different from management information systems. The latter refers to management methods tied to the automation or support of human decision making. IT Management refers to IT related management activities in organizations. MIS is focused mainly on the business aspect, with a strong input into the technology phase of the business/organization ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
