|Exam Name||:||Project Lifecycle Management Essentials|
|Questions and Answers||:||98 Q & A|
|Updated On||:||March 25, 2019|
|PDF Download Mirror||:||1Z0-466 Brain Dump|
|Get Full Version||:||Pass4sure 1Z0-466 Full Version|
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The techniques through which a business truck can be configured for leasing seem limitless. So how can the lessor boil down this complexity into a coherent providing to the consumer?
For years, Ryder’s Fleet management features division had relied on homegrown sales automation utility to spec vehicles for rent. That tool was scrapped when it implemented the client relationship management (CRM) equipment of Salesforce.com, Inc. next on the agenda turned into a new configure, expense and quote (CPQ) application, to consolidate the work of distinctive techniques and individuals.
the search changed into extended by means of a sense inside Ryder that its wonderful and complex CPQ needs couldn’t be met through an off-the-shelf product, says Jose Alvarez, director of income operations in the Fleet administration services division. It took the running of a “minimal” proof of idea to convince the company otherwise.
Reviewing what the market needed to present, Ryder first appeared on the biggest providers within the CPQ area, including BigMachines, which turned into got by way of Oracle in 2013. What wasn’t on its radar at the time was Tacton, a smaller CPQ vendor based mostly in Europe.
a couple of things came about to draw Ryder’s consideration to Tacton. One was the latter’s stream to open an office within the U.S. and extend its presence in that market. one more turned into a partnership between Tacton and Salesforce, resulting in introduction of the Tacton CPQ for Salesforce utility.
That building boosted Tacton’s credibility within the eyes of Ryder. So did an endorsement by means of Daimler trucks North the united states, one in all Ryder’s main vendors. at last, there was the indisputable fact that transportation become one in every of Tacton’s core verticals. It proven to Ryder that “they're paying attention to our industry,” says Alvarez.
“Our configuration needs aren't trivial,” he adds. Ryder requires particular person SKUs for every of the alternatives that make up a automobile configuration. doubtlessly, that could lead on to an enormous number of viable mixtures that turn into unmanageable. For a lessor of Ryder’s dimension, it turned into important to find a product that could scale.
After narrowing down the container of candidates to simply two, Ryder selected Tacton. The vendor’s cloud-based mostly equipment was convenient to manage, Alvarez says, yet effective adequate to address all possible configurations.
“in the end,” he says, “what tipped things on Tacton’s facet was their obtrusive talents of the transportation sector.”
Tacton chief govt officer Fredric Laziou says the enterprise seeks to promote “wise commerce” via its CPQ product. “It’s now not about selling a bit of hardware anymore,” he says. “It how do I connect over the [vehicle’s] lifecycle, and make sure I have a tailored solution for the consumer.” other verticals on which Tacton focuses consist of heavy machinery, vigour technology and clinical device.
Tacton had deep capabilities of the trucking business, but less so the economic features sector. in spite of this, says Laziou, Ryder didn’t present the dealer with a different challenge. Like Ryder, a couple of Tacton’s different bills are pursuing a company model that requires prolonged engagement with consumers over the life of the physical asset.
Ryder chose Tacton on the end of 2017, and launched a pilot project here yr. The initial engagement worried a small subset of vehicles and users, ranging throughout the entire method of configuration and leasing.
“commonly speakme,” remembers Alvarez, “issues went very well.” at the identical time, Ryder confronted a challenge in integrating the new CPQ device with a number of legacy methods on the again end.
Lazious says it turned into crucial for Tacton to accommodate Ryder’s ambitions to become a global company. That meant being capable of interact with the customer’s U.S. operations, whereas presenting domain capabilities from Europe.
section two of the implementation is at the moment underway, involving better statistics units and increasing use of the configuration model to finally cover the lessor’s whole providing of vehicles and alternate options.
one of the crucial first-rate values for Ryder,” says Laziou, “is to have one single source of truth.” The CPQ device, he provides, hyperlinks the CRM side with Ryder’s colossal save of facts involving desktop-assisted design and product lifecycle administration, serving as “the glue between the customer and the answer.”
Ryder plans to wrap up implementation of the CPQ gadget in the third quarter of this 12 months. Alvarez describes the process as “laborious, in the experience of the quantity of suggestions we must put in, to be sure all the configuration guidelines are working.”
Early ranges of the initiative are already yielding merits, peculiarly within the kind of improved productiveness. “As our salespeople birth using the new gadget,” Alvarez says, “they’re now able to looking at issues in another way.”
nevertheless, shifting the salesperson’s natural manner of doing things will also be a problem. Veterans are likely to wish to stick to the historic tactics. With journey, despite the fact, they locate the new gadget more straightforward to use, Alvarez says.
thus far, Ryder’s use of the Tacton CPQ utility has been constrained to the company’s fleet-administration operations. however Alvarez believes it may well be of price to the provide-chain side of the condominium as neatly, involving transportation and warehouse-management functions. He says Ryder’s deliver-chain group of workers is intently following the implementation. “I foresee them being able to leverage something and put collectively an excellent answer for the customer at a fraction of the time.”
in addition to deliver-chain functions, Tacton intends to expand the use of its device to encompass functions such as cost optimization and the aftermarket. these days it announced the addition of visualization capabilities via augmented truth.
As for Ryder’s Fleet administration capabilities division, it hopes to reap further advantages because it applies the CPQ skill to its entire product line. Says Alvarez: “The sky turns into the limit as to how we could make probably the most out of the product, as soon as we’re on that platform.”
Accelerating the introduction of Oracle solutions within the Industrial Manufacturing market in Europe
DUBLIN, ireland--(Marketwired - January 17, 2017) - Inspirage, the integrated supply chain specialist firm, and ICP solution GmbH, an authority issuer of project capabilities in PLM for Industrial Manufacturing, introduced the signature of a partnership concentrated on Product Lifecycle administration for Industrial Manufacturing the use of Oracle PLM options, and the implementation of a specific program together with Oracle to accelerate the introduction of Oracle Product Lifecycle management and provide Chain management Cloud solutions within the Industrial Manufacturing market in Europe.
"For Oracle purchasers in this trade, this wonderful combination of domain knowledge, solution/expertise knowledge and Cloud adventure provides a big abilities," states Kevin Creel, President, business method and construction of Inspirage. "this can support our consumers comfortable their business transformation required via modern industry requirements, generally called 'industry 4.0.'"
Inspirage is neatly standard within the Oracle PLM and SCM group globally and has become the #1 partner for Oracle in this PLM/SCM area. Inspirage became an early adopter of Oracle Cloud strategic instructions, and embarked as a co-developer of a number of Oracle SCM options. Inspirage turned into awarded a 2016 Oracle Excellence Award by means of Oracle, for his or her confirmed capacity to install Oracle PLM/SCM solutions in creation to industry well-known valued clientele.
ICP solution is diagnosed in Europe as a PLM professional for Industrial Manufacturing. Over the last 10 years, the Oracle Agile PLM e6 solution has been adopted with the aid of main producers and their solutions have proven a extremely productive Core PLM solution for their product construction crew.
"while the industry requirements are increasing past Core PLM techniques, from early innovation all the way down to product commercialization, deliver chain and logistics, with becoming functional necessities in design, manufacturing, employer collaboration, multi-channel, quality, traceability, with proliferating use of cell and IoT applied sciences, the next technology PLM landscape is requiring a sum of expertise and experience that can hardly ever be sustained by using single companies," state Thomas Gilgenberg and Daniel Büeler, Managing directors of ICP answer.
Inspirage and ICP solution have entirely embraced this mixed event set of activities and, under the phrases of their partnership, will jointly market in Europe Oracle PLM solutions with ICP answer building on their skills of Oracle Agile PLM e6 and Inspirage bringing their expertise on Oracle PLM and SCM Cloud solutions. The mixed efforts with Oracle will make certain finished consistency at the commercial enterprise stage and make a contribution to the help of present and new industrial manufacturing needs with the aid of leveraging Oracle PLM Cloud solutions.
"we are very supportive of this partnership between two first-category Oracle partners. Their mixed abilities will cozy our valued clientele' adventure to the Cloud and also contribute to the enlargement of Oracle PLM solutions in Industrial Manufacturing," concludes Devendra Singh, vice chairman PLM Product construction at Oracle.
The execution of the Inspirage/ICP Partnership and the program with Oracle is positioned under the management of Denis Senpere, former VP PLM/SCM Europe at Oracle, now VP business construction Europe for Inspirage.
Inspirage is the integrated give chain expert company solving enterprise important challenges from design to birth. The company gives you end-to-conclusion consulting and implementation solutions that link Innovation administration, supply Chain management and Logistics administration. Inspirage companions with their consumers to ruin down guidance silos and optimize performance to speed up innovation, gasoline growth and obtain operational excellence.
Inspirage is a Platinum stage member of Oracle PartnerNetwork (OPN) and has been identified by Oracle with a large number of awards, including the 2016, 2015 and 2014 Oracle Excellence Award for specialised companion of the yr. Headquartered in Bellevue, Washington, the business has global presence with places of work in North america, Europe, and Asia. For more information, talk over with www.inspirage.com.
About ICP answer
For a long time ICP answer GmbH has been a hit in imposing Product-Lifecycle-administration solutions (PLM) within the industrial sectors of producing methods engineering, mechanical equipment and plant engineering, automotive provide industry and automation engineering. ICP solution is an Oracle Gold partner and a really expert accomplice for PLM solutions with "Oracle Agile PLM for Manufacturing (Agile (e6)" for medium-sized companies and oversees greater than one hundred businesses in a variety of industries. ICP stands for industry Competence companions and advise consumers organizationally and technologically for the most desirable use and construction of PLM-options. visit www.icpsolution.com
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Developing Competence in the five phases of a project life cycle
There are more projects occurring today than in the past, organizations initiate projects in the areas of technology, engineering, manufacturing, and services. Unfortunately, most organizations do not manage projects well, creating an unprecedented demand for project management practitioners.
In this class, an experienced Project Management Professional will help you master the essentials of project management. You'll become an indispensable member of your project team by discovering and mastering the critical concepts you need to plan, execute, monitor and control, and close any type of project.
Course activities will cover defining the project scope, writing a statement of work, developing a work breakdown structure, planning a schedule, developing critical path, using mathematical analysis techniques, and assigning resources to tasks.
By the end of this course, not only will you be set on the right path to Project Management, but you will have a foundational tool that will help you throughout your career. Earn 8 PDUs.
Who Should Attend
• Individual project managers, frontline leaders, project members, executives
Participants Learn To:
• Define project and project management
•The role of the project manager
•Demonstrate how to complete a SOW
•Identify the phases of the life cycle
•Identify the nine knowledge areas
•Discuss cost controls
•Explain a work breakdown structure
•Demonstrate how to draw a network diagram
•Demonstrate how to calculate critical path and float
•Explain Risk Management
Thanks for your feedback.
The views expressed in this post are the author's own. Want to post on Patch? Register for a user account.
Mahmoud M. AlSaadi is an ERP Consultant specialized in Microsoft Dynamics GP with business and technical expertise. He has been implementing Dynamics GP for companies from various domains for the last five years covering the different aspects of the project life cycle including process analysis and re-engineering, implementation, integration, customization, training, and support.
Mahmoud holds a bachelor's degrees in both Management Information System and Financial Studies. He is the author of Dynamics GP Essentials blog, with more than 4000 visits a month. He is currently working with Dynamics Innovations, a Microsoft Gold Certified Partner based in Amman, Jordan
More about Mahmoud M.
Last month in our inaugural product lifecycle management column, we looked at the origin of PLM and explored a number of developer perspectives on PLM. This month we narrow our focus to examine PTC (www.ptc.com) and its expansive PLM efforts. In the past five years or so, PTC's product emphasis has changed from an expensive, somewhat unwieldy, yet powerful and widely accepted and used parametric design product—Pro/ENGINEER—to a re-engineered Pro/ENGINEER Wildfire that has started to carve out competitive space in the mid- to high range as a viable, easy-to-use, Windows-based 3D solid modeling product. But beyond this remarkable transformation, PTC has also emerged as a company that some are saying has "bet the business" on its PLM strategies. That may or may not be the case, but one thing is certain—PTC has taken an aggressive plunge into the PLM market. According to a 2002 report by AMR Research that examined nine or so leading contenders for PLM bragging rights, PTC has emerged in just a few years on the top of the heap.
At the heart of PTC's PLM approach is the focus on a single digital product model that, according to PTC, "can be understood and worked on by everyone in the product development value chain." The concept may seem simple, but when researching leading manufacturing companies, PTC determined that in too many cases, a disconnect between engineering, manufacturing and C-level executives (CEO, CFO, etc.) resulted in a murky product focus that led to cost overruns and inefficiencies on a grand scale. Citing a Booz Allen Hamilton study, PTC reports that out of every 100 product development projects launched, 25 end up commercially successful, 63 are cancelled (after incurring tremendous costs) and 12 fail outright.
As it pulled together its PLM strategies, PTC determined that a good place to start would be with these C-level executives who need a better understanding of the central role digital products should play in their companies.The Product First Roadmap One of the first topics PTC discusses with companies interested in the benefits of PLM is the need to thoroughly examine internal business processes with the aim of aligning the entire company around the digital product model. PTC developed a set of guidelines, referred to as a Product First Roadmap, free to any interested party, that outlines some very basic steps essential to launching an effective PLM plan (figure 1). The Roadmap outlines a framework that includes the following primary components:
Strategy. Product development strategy capitalizes on opportunities to enhance business value by driving growth and profitability.
Initiatives. Business initiatives are the actions required to achieve your strategy, and they often dictate a change in people, processes and technology.
Operations. Your business initiatives will, no doubt, affect specific operations in your product development process, such as digital model definition, digital product data management, project management and execution and change management.
Capabilities. Lastly, a company must implement the necessary capabilities to provide a solid foundation for the entire framework, such as capturing all forms of product-related intellectual property in digital format, establishing a single source of product data and conducting virtual design reviews.
While the Product First Roadmap is meant as an initial guide to help C-level executives comprehend the essentials of making the digital-product model central to running their businesses, PTC has a consulting arm that provides business-process management services to thoroughly map a product-first strategy to a company's overriding business objectives.Making PLM Palatable It's all well and good to develop a conceptual model to help C-level executives fine-tune their business strategies, but PTC would hardly be a significant player in the PLM market without a viable set of technologies to put the ideas to work. One of the strengths that sets the Windchill PLM product line apart from the competition is that it was developed from the very outset as an Internet-era product. Thus its secure intranet/Internet server model is based on familiar standards and is easy to deploy and use.
Taken as a whole, the PTC Product Development System (figure 2) breaks into three areas: create (with Pro/ENGINEER Wildfire), collaborate (with Windchill ProjectLink) and control (with Windchill PDMLink). Although this system is optimized to use Pro/ENGINEER Wildfire as its creation tool, it also works with all other leading mechanical and electrical CAD software.
Drawing on this modular technology, PTC helps companies optimize seven basic product development processes:
Realizing that some companies are not ready to move into PLM whole hog, PTC recently began to offer a PLM on-demand service to companies that might want to try just a change management module, for example, or a project management and collaboration set of modules. PTC's rationale is that once companies experience the advantages of PLM on any level, they will want to reap the full advantages.
The PTC Web site has a wealth of information that provides more details about its PLM strategies and technologies, including the AMR Research report referred to above and a number of white papers and case studies that outline successful implementations of Windchill by companies of every scale. In keeping with its CAD roots, most of PTC's PLM customers are in discrete manufacturing industries such as aerospace, automotive, electronics and industrial design.
Though the names Pro/ENGINEER and PTC have been synonymous in the past, going forward PTC is likely to be viewed as a Windchill-driven PLM heavyweight.
Arnie Williams, former editor-in-chief of Cadence magazine, is a freelance author specializing in the CAD industry. E-mail him at firstname.lastname@example.org.
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