Product Lifecycle Management (PLM) and Device History Record (DHR) within EnterpriseIQ from IQMS offer comprehensive product details with links to the current and historical aspects of the entire enterprise resource planning (ERP) software.
Good morning, everybody. What I’ll do is I’ll go through the PowerPoint and just kind of introduce the module, and then we’ll poke around in the software and look at the software a little bit. Then what I’ll do is have a question and answer session at the end.
We’re looking at the PLM/DHR Module overview. They’re very similar in functionality, subtle differences. DHR more specifically for the medical and PLM more for the automotive type. This is Enterprise IQ software. It’s developed by IQMS and it’s part of our Single Database System.
PLM, Product Lifecycle Management, basically the product lifecycle refers to the succession of stages a product goes through, and I’ll talk about that when we get into the system a little more. But product lifecycle management is the succession of strategies used by management as a product goes through its cycle.
DHR is basically an FDA regulation for Device History Record, a compilation of records containing the production history of a finished device. Device Master Record means a compilation of records containing the procedures and specifications for a finished device.
Both of these have a lot of the same similar functionality. What I’ll do through this is focus primarily on PLM, and we’ll go through the PLM, and then I can show a little bit of the DHR.
The stages of a product lifecycle; obviously, the new product development stage, market introduction, growth stage, maturity state, and then the declining or debility stage. To sum it all up, product is launched, product grows, and product is potentially at some point retired. I’ll show you how we would manage all that in the PLM Module.
The goal of the module is to provide a complete audit trail of a product’s lifecycle, from the design and quoting stage, through the manufacturing and maintenance of it, to the end of life. So “design, manufacture and maintain” is kind of our mantra around that. Some of the advantages; it helps to tightly control and track the process, companies become more efficient, you can do things like cloning in setting up different scenarios within the PLM and DHR modules, reduced development time and cost because you’re able to track historical PLM projects and things, so you’ll be able to learn more by documenting what you’ve done in the past and then looking forward to that in the future.
Ensuring customer satisfaction; workflows are built into the PLM Module. I’m sure most of you know about workflows. Those allow you to collaborate with your customers, with your suppliers and with internal employees, and monitor the process better.