Product Lifecycle Management
Track and manage your products throughout their entire lifecycle with our comprehensive blockchain-powered platform
Create Product Lifecycle
The first step in managing your product's journey is creating a comprehensive lifecycle.
What is a Product Lifecycle?
A lifecycle is a collection of events that happen to a product over its lifespan. Each event tracks a significant change or milestone, such as manufacturing, shipping, or a quality control check.
Key Components of a Lifecycle:
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Events: Significant milestones or changes in the product's journey
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Timeline: The chronological order of events
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Duration: Time periods for each event or stage
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Metadata: Additional information about each event
Creating a Lifecycle
Name Your Lifecycle
Start by giving your lifecycle a descriptive name that identifies the product and its purpose.
Select Product Type
Choose whether this lifecycle applies to raw materials or value-added products.
Define Basic Parameters
Set up the basic parameters like expected total duration and key milestones.
Save Template
Save your lifecycle as a template for future use or proceed to add events.
Benefits of Structured Lifecycles
Creating well-structured product lifecycles provides numerous advantages for your organization:
Improved time management and planning
Enhanced product traceability
Standardized processes across products
Better analytics and performance insights
Add Events to Product Lifecycle
After creating a product lifecycle, users can begin adding events that happen to the product.
Creation
The initial manufacturing or creation of the product
Quality Check
Verification of product quality and standards
Packaging
Product packaging for distribution
Delivery
Transportation to final destination
Define Event Order and Duration
Users define the order in which each event happens and set the duration for tracking.
Event Sequencing
Users define the order in which each event happens. For instance, after the product is created, it might go through quality checks before packaging.
Product Creation
Initial manufacturing or assembly of the product
Quality Control
Verification of product quality and standards
Packaging
Product is packaged for distribution
Delivery
Transportation to final destination
Duration Setting
Users can also set the duration for each event to track the time it takes. This helps in planning and monitoring the efficiency of the process.
Benefits of Duration Tracking:
Identify bottlenecks in your production process
Set realistic expectations for customers
Optimize resource allocation
Improve overall efficiency
Flexible Event Ordering
Our platform allows for flexible event ordering to accommodate different product types and manufacturing processes:
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Parallel Events: Some events can happen simultaneously, such as different components being manufactured in parallel
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Conditional Events: Events that only occur under certain conditions
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Recurring Events: Events that happen multiple times during a lifecycle, such as quality checks
Create Event Logs
Event logs can be created based on the defined lifecycle to track actual occurrences in real-time.
From Lifecycle to Event Logs
Once all the events are set, event logs track the actual occurrences of each event in real-time. This enables real-time tracking and visibility into the product's progress.
Select a Product
Choose the product you want to track
Apply Lifecycle Template
Select the lifecycle template to apply
Initialize Event Logs
Create the initial event logs based on the lifecycle
Update in Real-Time
Record actual events as they occur
Blockchain-Secured Event Logs
All event logs are secured using blockchain technology, ensuring immutability and transparency throughout the product's lifecycle.
Benefits of Blockchain-Secured Logs:
Tamper-Proof Records: Once recorded, event logs cannot be altered
Transparent History: Complete visibility into the product's journey
Verifiable Authenticity: Customers can verify product authenticity
Regulatory Compliance: Easily demonstrate compliance with regulations
Real-Time Updates: Stakeholders can see updates as they happen