Collaborative Product Commerce

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What Does Collaborative Product Commerce Mean?

Collaborative product commerce (CPC) refers to the process of creating technological synergy across the entire life cycle of a product.

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Techopedia Explains Collaborative Product Commerce

Some of the benefits of CPC include better visibility and collaborative access throughout the product life cycle. Different kinds of technology tools will provide more transparent information, for example, pulling from the supply chain process or the inventory architecture, to make data show up where it is most useful at any stage of the product development process (in other words, breaking down silos that hide business intelligence from its owners). These types of systems can help with time to market and provide critical design input for companies that need to keep up with the competition in various markets.

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Margaret Rouse
Technology Expert
Margaret Rouse
Technology Expert

Margaret is an award-winning technical writer and teacher known for her ability to explain complex technical subjects to a non-technical business audience. Over the past twenty years, her IT definitions have been published by Que in an encyclopedia of technology terms and cited in articles by the New York Times, Time Magazine, USA Today, ZDNet, PC Magazine, and Discovery Magazine. She joined Techopedia in 2011. Margaret's idea of a fun day is helping IT and business professionals learn to speak each other’s highly specialized languages.