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Posts Tagged ‘Product’

Product Compliance for Microsoft Dynamics AX

Product Compliance for Microsoft Dynamics AX

Atrion International today announced the general availability of Compliance Guardian for Microsoft Dynamics AX. Compliance Guardian is Powered by ACE™ to enable Microsoft Dynamics users to fully leverage Atrion’s Product Compliance Solution and Managed Regulatory Content into their business processes to comply with global regulatory requirements at all stages of the product life cycle. The suite of products helps process and discrete manufacturers and distributors manage risks to brand equity and disruption of operations associated with the lack of accurate contextual product compliance information.  In addition, it ensures product compliance throughout the global supply chain in a constantly-changing regulatory environment.

 

Silicone chemistry specialist SiVance has selected Compliance Guardian for Microsoft Dynamics as the platform to drive their regulatory programs for products and raw materials. 

 

Compliance Guardian for Microsoft Dynamics AX is an out-of-the-box solution that provides product and raw material compliance assessment, document authoring and management, automated labeling, substance volume tracking and extensive reporting capabilities.  At the core is Atrion’s trusted and up-to-date Managed Regulatory Content that consists of data on over 300,000 chemical substances, 15,000 regulatory phrases in over 44 languages, 7,500 proprietary rules, and 100 templates spanning 50 plus countries.  Microsoft Dynamics AX users can now easily and cost-effectively create, publish and provide localized compliance documents such as SDSs, Workplace Safety Information, Safe Handling Instructions and product labels within the familiar Microsoft Dynamics AX environment.

 

Catalyst legislations such as REACH, GHS and RoHS, as well as customer demand are making environmental responsibility an increasingly important factor in everything from materials procurement to distribution. Noncompliance creates substantial financial and safety risks that impact the entire supply chain, including the inability to import and export, sell globally, and meet customer demand. Product compliance is essential to profitable growth.

 

“At Microsoft, we are committed to technology innovation that helps organizations around the world better manage their impact on the environment,” said Mike Ehrenberg, distinguished engineer, Microsoft Business Solutions.  “Atrion’s solution satisfies our customers’ needs in the area of product compliance.”

 

“Compliance Guardian for Microsoft Dynamics is another example of how Atrion is continuing to execute on our Powered by ACE strategy, allowing us to deliver embedded compliance in critical business processes within Microsoft Dynamics AX.” said Frank Arcadi, VP of Product Strategy and Direction at Atrion International.

About Atrion International
Atrion International Inc., founded in 1989, delivers the most reliable, product compliance solutions for both process and discrete manufacturers.  By integrating the largest set of managed regulatory content into a prepackaged automated solution and connecting to key ERP systems, Atrion’s Product Compliance Solution ensures that products will reach customers with minimal risks to brand image and shareholder value. Atrion International is headquartered in Montreal, Quebec, Canada with offices in the United States and Europe.

The Connection between Product Life Cycle and Printing Discounts

A good sales campaign still needs the proper support to achieve maximum budget efficiency. This refers to the rate of income generated versus the costs of launching the marketing campaign for the product. Launching a product not only needs to launch, but go through the entire product life cycle. Only through advanced marketing planning can a brand or product achieve immortality and reap the rewards of international iconic stature.

The Product Life Cycle
1. Introduction
At this stage of the product life cycle, costs are very high and sales are considerable low. Here the marketing has to create the market for a product.

2. Growth
Product profitability can begin to take a high note at this stage as improved measures on production and marketing lead to efficient cost management. A sustaining campaign is required to maintain the rising awareness and demand for the product.

3. Maturity When the product has reached its peak of maturity, sales are at its highest and production costs are at its lowest. The product can hence branch out and diversify into variants to prolong the maturity period and gain the most sales. Also expect an increase in competition at this point.

4. Saturation/Decline After reaching maturity, costs will slowly rise due market diversification. The onset of more competitors will eat at your product’s market share and continually lower sales and increase costs.

5. Retirement
Should the product’s sales become insufficient to recapture the market or launch a profitable variant, the investment expense will send the product into immediate retirement.

One good strategy to increase sales and secure a market niche is the use of print collaterals such as mailers. Postcard, flyer and invite mailers can all be sent with a special sincere dedication from the brand to establish a strong bond with the market. Use UPrinting coupons to get fast, quality prints at an affordable rate. Uprinting sales offer a variety of discounts on various printing projects to lessen marketing costs but, increase efficiency. There you can enjoy a wide selection of print options to help keep your product alive and marketable.

Make use of print discounts, use them to get the most out of your product’s most profitable life stages and contact Uprinting sales for your printing needs. The next life you might save could be your product.

Process and Activities supported by Product life cycle management

Product life cycle management in the apparel industry

Product life cycle management (PLM) is a set of business processes and supporting tools which help firms to improve the way they manage their product development. It is particularly useful for apparel manufacturers who need to respond to new fashion trends quickly or collaborate closely with customers and suppliers in order to remain competitive. In general terms, PLM systems can help companies to improve their internal and external communications, ensure that everyone is using the same data, and organise the flow of data between participants involved in a product’s supply chain.

Several software companies offer specialised PLM packages which are geared to the textile and apparel industry—including large global organisations such as Lawson and Lectra as well as smaller software suppliers such as Yunique and DeSL. Other suppliers include PTC and Dassault Systèmes, which began by developing software for the engineering industries and adapted their systems to the needs of soft goods companies. Specialised PLM packages are designed to support a number of key processes and activities in the clothing industry, including line planning, storyboarding, colour management, computer aided design (CAD), management of fabrics and trims, management of product data, cost estimation, sourcing and supplier management, tracking a product’s development, acquiring and storing business intelligence, and reporting.

The Hong Kong-based apparel manufacturer TAL Apparel is using a product called Lawson Fashion PLM to collaborate with its suppliers on the development of textiles and trims. TAL Apparel’s sister company in the USA, The Apparel Group, is using the same product to develop fabric and garment specifications with its textile suppliers, with TAL, and with garment factories.The benefits to be gained from using a PLM system are clear and measurable—provided the system is planned, designed and implemented with care. They include faster time-to-market, an improved cost structure, and an improvement in quality. Some textile and apparel companies have reduced their resampling by 25-40% while others have increased their component reuse by up to 30%. Gini & Jony—India’s leading brand of clothes for children and young adults—has found that its PLM system has provided it with more time to focus on creativity, by enabling it to cut the time spent recording the details of each new range by up to 50%.

Understanding Product Life Cycle Management

Understanding Product Life Cycle Management

Product life cycle management speaks about the existence span of a product, or to define it better, the stages a particular product undergoes from the time it is produced until it becomes useless any more. So, in short it speaks of a product from creation through its stages of wear and tear, and finally when it is useless.

The life cycle of any product, be it an e-book, software product or an information product has the following stages in its life, as a product in the market. Primarily, when the product is designed to be launched; it swallows a lump sum from the manufacturer, for various stages through sampling, test stage, and approval. During this stage the product does not bring in any kinetic revenue to the manufacturer.

The next stage is when the product is introduced in to the market. During this stage, the manufacturer fixes a certain price for the product. The price will be such that it will help the buyer to meet all expenditure he faced to make the product billed as its price. The price also includes the marketing expenditure and profits too! Well, so that is the story behind why a newly launched product is highly expensive and can be accessed by the people with good wallet belly! During this stage, the product does not sell to the seller’s expectation and floods in the market. So, a need arises to create a demand for this product and the price has to be reduced to make it readily gettable by everyone.

The third stage of the product can be termed as the TEENAGE stage of any product where in the product is sold cost effectively. And all and sundry can get it and it becomes a common scene in the world around. This is the stage when the seller crops his investment and a Lion’s Share Too! A growth in business!

During the fourth stage the product needs no advertising and the seller reduces the advertising cost on the product bringing the cost to bare minimum. The cost is also reduced in this stage to effectively compete against other competitors who should have flooded in the market again. So, this stage of the product’s life cycle also gather’s revenue.

Well then comes the last stage in the life of any product where in the product becomes either usable as a generous grey haired human or unusable like a weak old man. At this stage, there are equal and opposite possibilities of profit or loss, win or loose. If the product is really usable it still sells. If it is outdated, it does not sell. So the manufacturer has to decide on going ahead with production in accordance with consumer demand. So, in this stage the production of the product is either slowed, stabilized, or stopped based on market requirements. Excess non marketable products get their way as free additions to other products that are new in the market.

This marks the end of the story of the life-cycle of any product. Well, the life cycle of every product need not be the same since it varies from product to product. The details outlined about are just a generalization of the process. The life cycle of any product can be expanded by innovative marketing and sales strategies. Effective thoughts to promote the product, client spotted advertisement, good perception of where the product is needed, and making the product available readily to the customers in the right location is an important task that adds to the nutrient balance of the product.

Reforming and introduction of new variations from the old models is also another way to expand the life span of any product. Once and after the product is sold, it gets advertised further by its users, the availability of after sales service and spare part availability for the product enhances the life cycle of the product even more.

The financial spine of any business is something that puts a stop to instant invisibility of the product in the market. What we mean to say is sudden demise of the product will occur when all is fair and the Accounts Department has loop holes for thieves within the organization. So any products life should be backed by a loyal and responsible accounts team.

Collaborative Product and Service Life Cycle Management for a Sustainable World: Proceedings of the 15th ISPE International Conference on Concurrent Engineering … (CE2008) (Advanced Concurrent Engineering)

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The recognized requirement for advancements in Concurrent Engineering for sustainable productivity enhancement (improved quality of life) can be viewed positively. The basic aim of productivity enhancement is changing, from primarily seeking collaborative enterprise engineered solutions through a more restricted short-term market view. Rather, it is looking forward to a more expansive truly concurrent engineering approach to development that must be adopted in order to synthesize all of the far-

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Product Lifecycle Management

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This book on Product Lifecycle Management (PLM) introduces the reader to the basic terms and fundamentals of PLM. It provides a solid foundation for starting a PLM development project as well as gives ideas and examples of how PLM can be utilized in various industries. In addition, it offers an insight into how PLM can assist in creating new business opportunities and in making real eBusiness possible.

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Product Line Management Products ? An Effective Way to Market Products?

If you have a chain of software products, then it can be well managed with the help of Product Line Management. You must employ a strategy to sell these related products or chain of products. A line of products are those which are related to each other in the type, quality and size etc. This way you can create a family branding by having several closely related products under one brand.

At a later stage if you want to add another new product, this would be termed as line extensions. With brand leveraging, you try to improve up on quality on this new product. This requires a creative strategy to market this chain of products. Rejection on one, will affect the other products in the same chain. When a product is doing well or not functioning well, it can influence the profit and losses of other products in the chain too. This is because the products in the same chain have a greater consistency and are closely related to each other. Hence, there is greater vulnerability as rejection of one will influence the others too.

One must make use of creative brand management techniques to these products in chain. This would help enhance equity of a brand. Never commit the mistake of trading down. Incase you add a product which is inferior in quality in comparison to other products in the same chain, then the whole chain of items may face rejections.

Often, seen in case of such closely related items is the pricing which is in line with the other. They are often priced at the same rate offering the feeling to the customer that the whole range of items comes in the price point. You may face difficulties offering them at the same price when there is an inflation or deflation and it does not allow for flexibility.

Usually PDM (Product Line Management) tools are required to manage 3-D files and all of their associated sub-files. PDM applications usually do not have the versatility to manage anything other than that one specific file type.

Product Lifecycle Management Software ? True Value for Apparel Industry

With a number of software vendors out there, it is not difficult to imagine most of them must be using the product lifecycle management to develop software dedicated towards the fashion industry. They must be extensively utilising it for supporting the iterative processes of design and development (specifications, sourcing and engineering). In the same course, also developing a virtual collaborative environment for marketing and retail departments and giving them an opportunity to integrate product conception with a collections management process.

How it helps
Any product lifecycle management software allows for creation and easy structuring of collection process, while at the same time, providing intelligence, encouraging creativity and innovation. It also facilitates collaboration between designers and players involved in the product development cycle. Thereby, enabling designers to create their own collections, models, styles, components and materials out of the application’s memory and updating all modifications made to a style, colour or fabric in related product documentation.

Doing it through 3D
Representing a major breakthrough in CAD through realistic simulation and visualization of three-dimensional models in a broad range of colours and materials, 3D modelling enables one to precisely do style validation and review of the collections. An innovative technique, it reduces the number of physical prototypes required and facilitates communication both inside the company as well as between subcontractors and brands.

Once incorporated into pattern-making solutions, the product lifecycle management software enables automated processes to accelerate and further simplifies the grading activities for fashion companies to produce a time saving of up to seventy percent. Developed by the best IT organisations for the finest in the fashion industry, product lifecycle management software covers every aspect related to design, development and manufacturing of products from the very start till the end. It also responds to the major strategic challenges of professionals from this sector and includes pointers on how to manage new collections, reduce costs and go for quality improvement at the same time.

WFX is one of the leaders offering strategic software solutions for the apparel industry. The company’s product lifecycle management software caters to the specific requirements of top fashion brands, helping them create efficiencies of time and cost in their processes.

Vision Shopsters: Product life cycle management in the apparel industry

Product life cycle management (PLM) is a set of business processes and supporting tools which help firms to improve the way they manage their product development. It is particularly useful for apparel manufacturers who need to respond to new fashion trends quickly or collaborate closely with customers and suppliers in order to remain competitive. In general terms, PLM systems can help companies to improve their internal and external communications, ensure that everyone is using the same data, and organise the flow of data between participants involved in a product’s supply chain.

For more info, visit : http://www.visionshopsters.com/product/1394/Product-life-cycle-management-in-the-apparel-industry.html

Several software companies offer specialised PLM packages which are geared to the textile and apparel industry—including large global organisations such as Lawson and Lectra as well as smaller software suppliers such as Yunique and DeSL. Other suppliers include PTC and Dassault Systèmes, which began by developing software for the engineering industries and adapted their systems to the needs of soft goods companies. Specialised PLM packages are designed to support a number of key processes and activities in the clothing industry, including line planning, storyboarding, colour management, computer aided design (CAD), management of fabrics and trims, management of product data, cost estimation, sourcing and supplier management, tracking a product’s development, acquiring and storing business intelligence, and reporting.

The Hong Kong-based apparel manufacturer TAL Apparel is using a product called Lawson Fashion PLM to collaborate with its suppliers on the development of textiles and trims. TAL Apparel’s sister company in the USA, The Apparel Group, is using the same product to develop fabric and garment specifications with its textile suppliers, with TAL, and with garment factories.

The benefits to be gained from using a PLM system are clear and measurable—provided the system is planned, designed and implemented with care. They include faster time-to-market, an improved cost structure, and an improvement in quality. Some textile and apparel companies have reduced their resampling by 25-40% while others have increased their component reuse by up to 30%. Gini & Jony—India’s leading brand of clothes for children and young adults—has found that its PLM system has provided it with more time to focus on creativity, by enabling it to cut the time spent recording the details of each new range by up to 50%.

For more information on the report, kindly visit :
http://www.visionshopsters.com/product/1394/Product-life-cycle-management-in-the-apparel-industry.html

or email us your query at : info@visionshopsters.com
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