Centric PLM vs Oracle PLM

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Our analysts compared Centric PLM vs Oracle PLM based on data from our 400+ point analysis of PLM Software, user reviews and our own crowdsourced data from our free software selection platform.

Product Basics

Centric PLM is a software solution designed to streamline the entire product lifecycle, from ideation and design to sourcing, production, and launch. It caters particularly to companies in fast-moving consumer goods industries like fashion, apparel, and homeware.

Centric PLM offers several key benefits. It centralizes product data, eliminating the need to search through scattered spreadsheets and emails. This fosters improved collaboration among internal teams and external partners.

The software boasts features like mobile applications for on-the-go access, visual collaboration tools, and integrations with 3D design software. These features can help companies reduce time to market, improve product quality, and gain a competitive edge.

While user experiences can vary, Centric PLM is generally praised for its scalability and modularity. Companies can choose the specific functionalities they need, making it suitable for businesses of various sizes. Pricing is typically based on a subscription model with tiers offering different features and user capacities.


Pros
  • Centralized Data
  • Improved Collaboration
  • Faster Time to Market
  • Scalable & Modular
  • Mobile App Access
Cons
  • Steep Learning Curve
  • Customization Challenges
  • Limited Real-Time Data
  • Potentially Costly
  • Subscription Model
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Oracle PLM is a comprehensive product lifecycle management (PLM) solution designed to streamline and automate the entire product development process, from concept to end-of-life. It provides a single platform for managing all product data, including requirements, designs, bills of materials (BOMs), and manufacturing processes. This platform is particularly beneficial for large and complex manufacturing businesses, especially those with global operations. Key benefits include improved collaboration, reduced product development time, increased product quality, and lower costs. Popular features include product data management (PDM), process management, change management, and supplier collaboration. Users appreciate the platform's stability, scalability, and integration capabilities. While Oracle PLM offers extensive functionality, its cost can be a significant barrier for smaller businesses. The pricing model is complex and typically based on a combination of factors such as the number of users, deployment type (on-premise or cloud), and required modules. Overall, Oracle PLM is a powerful PLM solution with a proven track record of success in large and complex organizations. However, its hefty price tag and complex pricing model may make it less attractive for smaller businesses.

Pros
  • Streamlines product development process
  • Improves collaboration and communication
  • Reduces product development time and costs
  • Increases product quality and consistency
  • Scalable to accommodate large and complex products
Cons
  • High cost of implementation and maintenance
  • Complex to learn and use
  • Requires significant IT infrastructure
  • Limited customization options
  • Not suitable for small businesses
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$1,000 Monthly
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$13,800 Annually
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Product Insights

  • Streamlined Communication and Collaboration: Centric PLM acts as a central hub for all product information, eliminating the need for siloed data and communication across teams. Imagine a designer uploading a sketch, which can be instantly accessed and commented on by product managers, engineers, and sourcing specialists, all within the same platform. This fosters a collaborative environment that reduces misunderstandings and delays.
  • Reduced Time to Market: By centralizing product data and streamlining workflows, Centric PLM helps companies get products to market faster. For instance, designers can receive instant feedback on material availability from sourcing teams, eliminating the back-and-forth communication that can slow down the development process. This allows companies to capitalize on market trends and stay ahead of the competition.
  • Improved Product Quality and Consistency: Centric PLM's centralized data repository ensures that everyone is working with the latest product specifications. This reduces the risk of errors caused by outdated information or miscommunication. Think of it as a single source of truth for everything related to a product, from materials and technical specifications to quality control procedures.
  • Enhanced Cost Management: By providing real-time insights into material costs, production processes, and inventory levels, Centric PLM helps companies make informed decisions that can optimize their bottom line. Imagine a scenario where a material cost increase is flagged within the system, prompting the sourcing team to explore alternative suppliers. This level of cost transparency empowers companies to make data-driven decisions and minimize waste.
  • Increased Visibility and Control: Centric PLM provides a comprehensive view of the entire product lifecycle, from concept to launch. This empowers managers to identify potential bottlenecks, track progress, and make adjustments as needed. Imagine having a real-time dashboard that displays the status of every product in development, allowing for proactive problem-solving and course correction.
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  • Seamless Product Requirement Monitoring: Chronicle, rank and confirm requirements needed to push innovation notions for effortless planning and designing phases. Recycle current templates, track design requirements and confirm items to diminish product introduction hazards. 
  • Decrease Supply Dangers: Diminish supply risks and track part preferences for manufacturing across all stages via a single filter of approved parts and suppliers for enhanced efficiency. 
  • Simplify Preventive Practices: Address problems, reduce reoccurrences and push repetitive improvements with closed-loop corrective action procedures with product development, enterprise change, document management and inspection integrations. 
  • Pinpoint Insights Faster: Create rapid, detailed decisions while alleviating problems via predictive and linked 360-degree product quality views throughout the PLM and supply chain operations to understand and resolve minor issues before they become major problems. 
  • Supervise Omnichannel Traffic: Guarantee that whole and regulated product data is published on all sales channels while simultaneously sharing info through your supply chain, ERP and other platforms for increased customer awareness and satisfaction. 
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  • Product Data Management (PDM): Centric PLM acts as a central repository for all product information, including specifications, materials, bills of materials (BOMs), and technical drawings. Imagine a digital library containing everything a team needs to know about a product, from its initial concept to final production.
  • Sample Management: The software streamlines the sample creation and approval process, allowing designers and product managers to collaborate effectively on prototypes. Think of a digital workflow where designers upload samples, provide feedback, and track revisions, all within a single platform.
  • Calendar and Lifecycle Management: Centric PLM helps plan, schedule, and track all stages of the product lifecycle, from design deadlines to production milestones. Imagine a visual timeline that displays key development stages for each product, ensuring everyone is on the same page and deadlines are met.
  • Supplier Collaboration: The platform facilitates communication and collaboration with suppliers, enabling real-time updates on material availability, pricing, and production progress. Imagine a communication hub where companies can share specifications with suppliers, receive quotes, and track order fulfillment, fostering stronger relationships.
  • Mobile Applications: Centric PLM offers mobile apps that provide on-the-go access to product data, approvals, and communication channels. Think of designers sketching on a tablet and uploading concepts directly into the system, or product managers receiving real-time production updates while traveling.
  • Visual Collaboration Tools: The software features digital whiteboards and mood boards that enable teams to brainstorm ideas and collaborate visually. Imagine a virtual space where designers can share sketches, inspiration images, and product concepts, fostering a more creative and collaborative environment.
  • Integration with Design Software: Centric PLM integrates with popular 3D design software, allowing for a seamless flow of information between design and development stages. Imagine a scenario where a designer creates a 3D model in their preferred software, which can be directly imported into Centric PLM for further development and production planning.
  • Reporting and Analytics: The platform offers comprehensive reporting and analytics tools that provide insights into product development performance, costs, and supplier efficiency. Think of a dashboard that displays key metrics like time-to-market data, production costs per unit, and supplier performance ratings, empowering data-driven decision making.
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  • Innovation Management: Equalize core, adjacent and transformational innovation protocols while concurrently meeting resource risk mitigation and budget boundaries. Leverage best-practice analyses to choose innovation portfolios that best execute strategic and revenue goals. 
  • Product Development: Ensure product compliances are met and track revisions across the product's complete lifecycle. Revise processes to ever-changing global regulations, efficiently monitor engineering paperwork and draft compliant goods. 
  • Quality Management: Garner and perform root-cause analysis for quality problems such as IoT, field service, incoming and work-in-progress practice assessments. 
  • Product Master Data Management: Obtain a centralized location to condense product information without interrupting ERP and supply chain activities. Unify information from multiple ERP applications based on growth, mergings or purchases. 
  • Configurator Modeling: Steer clients to suitable products by clarifying the customization process with top-tier questions and linking answers to one or several option selections. 
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Product Ranking

#32

among all
PLM Software

#31

among all
PLM Software

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Analyst Rating Summary

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Packaging and Label Management
Platform Capabilities
Change Management
Project Management
Recipe and Formula Management
Change Management
Compliance Management
Part Management
Platform Capabilities
Platform Security

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Centric PLM
Oracle PLM
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Bill Of Materials Management Change Management Compliance Management Design Management Document Management Packaging And Label Management Part Management Platform Capabilities Project Management Quality Management Recipe And Formula Management Reporting And Dashboard Requirements Management Supplier Management 46 90 74 68 58 100 45 100 86 75 86 67 8 85 81 100 100 67 98 95 100 100 100 91 100 100 99 100 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

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Awards

SelectHub research analysts have evaluated Centric PLM and concluded it earns best-in-class honors for Packaging and Label Management.

Packaging and Label Management Award

SelectHub research analysts have evaluated Oracle PLM and concluded it earns best-in-class honors for Recipe and Formula Management.

Recipe and Formula Management Award

Synopsis of User Ratings and Reviews

Centralized Product Data: Eliminates scattered information across spreadsheets and emails, fostering collaboration and reducing errors. Imagine a single source of truth for everything related to a product, accessible by all teams.
Improved Time to Market: Streamlined workflows and faster communication help companies get products to market quicker. For instance, design teams can receive instant feedback from sourcing on material availability, avoiding delays.
Enhanced Collaboration: A central platform facilitates communication and information exchange between internal teams and external partners. Imagine designers, engineers, and suppliers collaborating seamlessly on a single product concept.
Increased Visibility and Control: Real-time insights into the product lifecycle empower managers to identify bottlenecks, track progress, and make proactive adjustments. Think of a dashboard that displays the status of every product in development, allowing for course correction as needed.
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Streamlined Workflows: Oracle PLM centralizes all product data and processes, eliminating silos and simplifying collaboration.
Improved Decision-Making: Real-time insights and centralized data empower informed decisions throughout the product lifecycle.
Enhanced Collaboration: Collaborative tools facilitate seamless communication and information sharing across teams.
Reduced Costs: Streamlined processes, improved efficiency, and fewer errors lead to significant cost savings.
Increased Scalability: Oracle PLM adapts to accommodate the growing needs of businesses and complex product portfolios.
Robust Security: Comprehensive security features and access controls ensure data protection and compliance.
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Steep Learning Curve: Centric PLM's comprehensive features can be overwhelming for new users, requiring dedicated training time to become proficient. Think of a complex software program with numerous functionalities that take time to master.
Customization Challenges: While offering some customization, extensively modifying Centric PLM to perfectly match specific workflows can be difficult and resource-intensive. Imagine a system that requires significant development effort to align perfectly with unique business processes.
Potentially Costly: The subscription-based pricing model, coupled with potential implementation and training costs, can make Centric PLM a significant investment, especially for smaller businesses. Consider the software cost, along with setup and training expenses, which may be a barrier for some companies.
Limited Real-Time Data: Some users report a slight delay in data synchronization across the entire system. This means information updates might not be reflected instantaneously, which is important for businesses requiring constant real-time data accuracy.
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High Cost: Licensing, implementation, and maintenance can be prohibitively expensive for smaller businesses.
Complex Interface: Steep learning curve and extensive features require significant user training and ongoing support.
Limited Customization: May not be suitable for highly specific workflows or require extensive customization effort.
Potential Vendor Lock-in: Migrating to other PLM solutions might be difficult due to data integration complexity and proprietary technologies.
Limited Cloud Scalability: While cloud-based solutions offer flexibility, scalability options may be restricted compared to on-premise deployments.
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Recent user reviews of Centric PLM highlight its ability to centralize product data and streamline workflows, leading to faster time-to-market. One reviewer, a product manager at a fashion company, praised Centric PLM for eliminating scattered information across emails and spreadsheets, which previously caused delays in communication and product development. This centralized approach is particularly beneficial in fast-paced industries like fashion, where trends can change quickly and getting products to market swiftly is crucial. However, reviewers also noted challenges associated with Centric PLM's complexity. Some users reported a steep learning curve, mentioning it takes time for new users to become comfortable with the software's extensive features. This can be a hurdle for companies with limited training resources. Additionally, extensive customization can be difficult, which may not be ideal for businesses needing a highly tailored PLM solution. For instance, a small business with unique design processes might find Centric PLM's customization capabilities too cumbersome compared to more user-friendly options. Overall, Centric PLM seems well-suited for medium to large companies in industries like fashion, consumer goods, and homeware that value a centralized data repository, streamlined communication, and the ability to handle complex workflows. However, the steep learning curve and potentially high costs mean smaller businesses or those with unique process needs may want to explore alternative PLM solutions offering greater ease of use or more straightforward customization options.

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Oracle PLM users report a mix of positive and negative experiences. While some praise its robust features and customization options, others find it complex and clunky. Many users appreciate Oracle PLM's ability to manage complex product lifecycles, especially in highly regulated industries. One user remarked, "It's great for tracking changes, managing compliance, and ensuring traceability throughout the entire product lifecycle." Another user echoed this sentiment, stating, "For complex products with lots of moving parts, Oracle PLM is a lifesaver." However, several users criticize Oracle PLM's steep learning curve and lack of user-friendly interface. One user lamented, "It took me forever to figure out how to do even the simplest tasks." Another user commented, "The interface is outdated and clunky, making it difficult to navigate and find what you need." Some users also feel that Oracle PLM is overpriced compared to other PLM solutions. One user noted, "There are other PLM systems out there that offer similar functionality at a fraction of the cost." Another user stated, "For the price, Oracle PLM should be much more user-friendly." Despite these criticisms, some users believe that Oracle PLM's strengths outweigh its weaknesses. One user commented, "Sure, it's not perfect, but it's the most powerful and comprehensive PLM solution on the market." Another user stated, "If you need a robust PLM system that can handle complex products and regulations, Oracle PLM is the way to go." Ultimately, whether or not Oracle PLM is the right solution for your business depends on your specific needs and budget. If you have complex product lifecycles and require a high degree of customization, Oracle PLM may be a good fit. However, if you are on a tight budget or need a more user-friendly solution, you may want to consider other PLM options such as Siemens Teamcenter or Dassault Systèmes ENOVIA.

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