Data Driven Decision Making > Domain Systems

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Summary

Gone are the days where a changes, whether to an individual business process or to a company’s entire roadmap, happen based simply on an idea. Generally, all data collected during any business process should serve one or more of the following three purposes: Definition – Attributes can provide details that define the specification of a part, a change being made, a quality incident, or any PLM record. Attributes can also provide instructions or requirements for actions yet to be taken, such as defining a change implementation plan prior to releasing an ECO. Reporting Capabilities – Attributes can categorize and summarize PLM records in order to provide meaningful feedback, like tracking quality trends and KPIs. If the list values don’t provide enough data for the business process, a companion text attribute can be used for supplemental information.

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Fintech & Banking
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Accounting and Taxes

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