Last updated March 15th 2025

What is Enhanced Product Lifecycle Management? The Complete 2025 Guide

Manage the entire lifecycle of products from introduction to obsolescence.

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What is Enhanced Product Lifecycle Management?

This use case focuses on the POS system's ability to manage the entire lifecycle of products, from introduction to obsolescence. It includes tracking product performance, managing product recalls, and optimizing product mix to maximize profitability.

Products for Enhanced Product Lifecycle Management

We’ve listed the products and solutions that commonly address the Enhanced Product Lifecycle Management use case below.

ShopKeep by Lightspeed logo

A versatile POS system for footwear retailers.

Retail Pro Prism logo

Flexible POS solution for specialty retailers.

Springboard Retail logo

A POS and retail management software for multi-store, multi-channel retailers.

Cegid Retail Y2 logo

Global unified commerce and POS platform for specialty retailers.

Erply POS logo

Cloud-based POS system for footwear retailers.

Revel Systems POS logo

A robust POS system for retail and hospitality sectors.

RICS Software logo

POS and inventory management software for footwear and apparel retailers.

RetailEdge POS logo

A specialized POS system for footwear retailers.

Heartland Retail logo

POS system tailored for footwear retailers.

NCR Counterpoint logo

Specialized POS for footwear retail and wholesale.

Celerant Command Retail logo

Real-time POS retail management system for footwear retailers.

Enhanced Product Lifecycle Management Features

Customize these feature priorities in Taloflow and get expert ratings for 15 different vendors and solutions, including None.

Feature Dimensions Description Priority
Product Lifecycle Management
  • Inventory Management
Manage the lifecycle of products from introduction to discontinuation. Critical
Inventory Aging Reports
  • Analytics and Reporting
Generate reports on inventory aging to identify slow-moving stock. Important
Product Expiry Tracking
  • Inventory Management
Track product expiry dates to manage perishable inventory effectively. Important
Product Obsolescence Management
  • Inventory Management
Manage product obsolescence to reduce waste and improve efficiency. Important
Product Recall Management
Manage product recalls efficiently to ensure compliance and customer safety. Important
Evaluating solutions?
Work with Taloflow's technology selection platform containing tens of thousands of up-to-date vendor data points in dozens of categories to:
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Filter solutions based on your priorities
Evaluate vendors for your exact use case
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