Latest Version of 3rd Generation PLM Software Enables Product Companies To Gain Operational Excellence and Increased Regulatory Compliance -- Easily and Economically
Dec 10, 2014 -- QuadRite, the leading 3rd Generation Product Lifecycle Management (PLM) company, today announced the release of version 4.5 of its PLM software, RitePro™. Referred to by its customers as “The best kept secret in the industry”, QuadRite delivers a PLM software solution that is generations ahead of other PLM solutions. Version 4.5 includes significant enhancements to the software’s advanced set of capabilities, allowing users to easily and economically access greater functionality and increased regulatory compliance.
RitePro version 4.5 is the most sophisticated PLM solution available today. Delivered through a private cloud, it is uniquely packed with best practice business processes built to help the entire enterprise bring a product to market. It trumps both the traditional departmental PLM approach and the development platform approach.
QuadRite’s 3rd generation PLM solutions expand the traditional scope of PLM Systems to enable all departments in a company to participate in relevant product-related processes. Compared to traditional PLM solutions that focus only on supporting the activities of the engineering group through bill of materials (BOM) and engineering change orders (ECO) management, QuadRite packs significantly more features and functionality into a single module, allowing all information and all process to be both connected and related to the product.
“The PLM space has been stagnant for more than a decade, relying on siloed systems that solve a single business problem or address a single department’s needs,” explained Deb Mishra QuadRite Founder and CEO. “Our software allows companies to connect the dots and deploy a unified solution that addresses all product related processes across the entire company.”
Addressing the high tech and medical device markets, RitePro v. 4.5 includes comprehensive automated program management and design control capabilities. This functionality enables users to launch a complete product program that will literally manage itself in three clicks. International regulatory compliance has also been built into the solution. Another new feature of v. 4.5 allows users gain immediate, single-click access to any and all information from any device anywhere in the world.
“As the economy is picking up, but still remains on shaky ground, executives in product companies are looking for technologies that directly support better product commercialization and enable a more efficient use of capital,” continued Mishra. “Traditional PLM solutions cannot take a leading role in these initiatives, because they focus on a limited set of operational processes. QuadRite presents a comprehensive solution to address the entire product commercialization process.”
Enhanced functionality was also included in RitePro v.4.5 such as the following: Design Control, Document Management, Change Management , Bill of Materials Management, Product Management, Costing, Supplier Management, Quality Management, Compliance Management, Complaints, First Articles, Training Management, Field Services, Non Conformance, CAPA, CARS, SCARS, Reporting, Program Management and Operational Excellence & Compliance. All of these enhancements streamline processes and increase efficiency.
RitePro is available through a new subscription business model, which includes being able to use the software within the technology and security of a private cloud network.
QuadRite, Inc. was founded in 2000 to address the challenge of enabling discrete product companies to commercialize their products profitably while being efficient in use of their capital and resources. It was founded by people who actually have direct experience in running product operations at various companies. As a new breed of software company, QuadRite integrates best-practice based business use cases and software technology to provide an enterprise Product Lifecycle Management (PLM) software product that enables companies to streamline their engineering information management, engage in collaborative product development, and improve the speed, efficiency, and effectiveness of their product operations processes.
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