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How Products with Expiry managed using PLM module in Odoo| Product Life cycle Management in Odoo15
February 11, 2022
Product Lifecycle Managment
- Essentially, product life cycle management (PLM) involves managing the entire life cycle of a product, starting with its conception, moving through design and production to the disposal of the final product and its subsequent service. In this respect, they can understand PLM as a tool that provides control of a product record across all stages of development, such as conception, development, and production. A product life cycle management system allows a company to manage product data, including items, bill of materials (BOMs), and other relevant data.
- From the moment a product is born up to the moment, of its delivery or disposing of, managing its lifecycle is one of the most important functions for a manufacturing business. Manufacturers can access all product data in one place with a unified platform such as Odoo – so they always know what versions of their products they have. They can also share the data with other departments to facilitate accurate financial planning.
- With Odoo Product life cycle management, you can maintain BOMs and track product life cycles based on engineering change orders.
ERP AND PLM
- ERP and PLM systems complement each other, acting as tools that are collaborative and can support the various distinct needs of an organisation.
- The primary difference between these two interchangeable systems lies in their names; PLM is more focused on creating specific products or new lines of products.
- Enterprise resource planning (ERP) is specific to enterprises and involves tracking a business's resources throughout a year/cycle. A PLM system stores product information such as design for production, while an ERP system, integrated with a PLM system, manages production resources.
- A PLM system stores product data such as design for production, and once it is ready to be manufactured, the ERP system manages production resources.
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Odoo Product Life cycle Management allows you to create ECOs (Engineering Change Orders) to accomplish the following:- Able to make BOM revisions.
- MO routes can be also revised.
- Attach the BOM component.
- For any revision (BOM or Route), get multi-level approvals from higher authorities before changing MO
This blog summarizes the Odoo platform's product lifecycle management.
- The user can install PLM from the applications module of the platform and can run lifecycle management operations.
- In the PLM overview menu, it showed once the user enters the PLM module.
- There are multiple filters and grouping options to retrieve the information and engineering changes pertaining to each operation.
