Tomerlin-ERP Blog

Epicor® Kinetic Product Life Cycle: Everything You Need to Know

by | Aug 26, 2020 | Uncategorized | 0 comments

Life Cycle Management refers to every decision and detail that goes into creating and releasing a product to the market. The process helps make decisions from product concept, producing the product, delivering it to its buyer, to eventually disposing of it.

There are some software platforms you can use to help you through the product life cycle. Epicor® should be tops on your list when you’re looking for a cradle to grave software management platform.

Read on to learn more about Epicor life cycle management software and how it might serve you.

1. You Get to Store All of Your Pertinent Product Data Indefinitely

Epicor is helpful as a life cycle management software platform because of the deep and extensive archives to create and use.

With the Epicor software life cycle platform, you can build your product brick by brick using data system management tools. The platform also allows you to make as many backups as you need, as frequently as you need to make them.

You’ll also get access to customer reports that will help your decisions. The platform enables you to retrieve data quickly, saving time and effort and keeping you on task.

2. Task and Process Automation Are a Crucial Piece of the Process

According to surveys and studies, 25% of jobs in the United States are likely to be eliminated and replaced by automation.

Automation is par for the course for your life cycle management. Epicor comes with an automation tool that will speed up your workflow and the timetable of getting your product to market.

3. Cloud Technology Makes Remote Work and Collaboration Seamless

Life cycle management software is cloud-based, which improves your ability to work remotely. Everyone on your team will access real-time changes and can access this information on any device.

The life cycle manager will have access to tools that aid implementation and can monitor the process point by point. This enterprise resource planning (ERP) software gives you the chance to set schedules, goals, and tasks for your team to follow.

When your workflow moves this seamlessly, it’s easier for you to collaborate with your team and get the results that you’re looking for.

4. There Are Several Bill of Material (BOM) Options and Features

Planning and manufacturing a product is one thing, but you need to do it from a clear point of view. A bill of material (BOM) lists every item, part, or material required for your production.

This gives you the chance to price match and shop around for the needed materials. The more research you put into these materials, the easier it is for you to keep your overhead costs under control.

The life cycle management software gives you an archived record of all your bills of materials. This is crucial whenever there are recalls or if you need to optimize your production for subsequent product releases.

You can transfer this data between different manufacturing and life cycle management platforms by working with a software platform.

5.CAD Integration is Seamless

When using computer-aided design (CAD) software, there may be some discrepancies in a file integrated from different systems.

CAD integration is one of the areas where these software platforms shine. The last thing you’d want is to work on a file through one platform, only to run into software version or syncing errors.

By using a life cycle management platform, you can open and transfer files however you need, without worrying about any setbacks in the process.

6. Manufacturers Get Up to Date Information on Inventory

When you use a life cycle management software platform, you’re allowing yourself more control over your inventory.

Using Epicor® Mobile Warehouse can help you manage your inventory in a meaningful way. This tool allows you to manage everything from shipping details, proof of delivery, and labor schedules to scanning barcodes and keeping up with incident reports.

Since a life cycle software platform is based in the cloud, your changes and data are handled instantaneously.

7. Using Epicor Saves You Lots of Money

Another critical factor, Epicor Life Cycle Management, saves you money. It will reduce your overhead costs and help you make on-the-fly changes to prevent severe losses.

Beginning your product planning process with this type of software lets you know down to the penny how much you’re spending so that you also don’t go over budget.

What’s more, Epicor has important security and quality control measures that are plentiful and easy to use.

Companies in several different industries will find these platforms valuable, which is why they’re so popular and helpful during the life cycle software management process.

Get Your Hands on Life Cycle Management Software

As you can see, using Epicor Life Cycle Management software gives you more control over your production and manufacturing.

If you’re thinking about producing any new products, you need to bring the right tools to the table. Epicor has a long line of tools to help you get your product from conception to store shelves and beyond.

Stay diligent during the life cycle management process, and it will pay off in the long run.

When you’re ready to get started with Epicor, we can help bridge the gap. Tomerlin-ERP has experts that will make the transition as seamless as possible.

Use our online form to contact us and speak with one of our consultants.