• Jim Brown contributed a guest post to the Siemens PLM Community blog discussing the opportunity for food and beverage companies to leverage digitalization and the digital enterprise to combat market disruption from new, innovate companies that are challenging current industry leaders. The post offers several ways that consumer packaged goods (CPG) companies can get started on their digital journey, achieve tangible business value, and combat challengers like Blue Apron and Amazon Fresh that are disrupting the status quo.The full post, Surviving the New Competitive Landscape in Food and Beverage, can be … [ read more ]

    Digitalization in Food and Beverage (guest post)
  • Dassault Systèmes continues to make significant progress on the 3DExperience vision they laid out 5 years ago. This strategy has seen them transform from a software vendor offering distinct solutions for a variety of functional areas to a company that leads with a strong business transformation message backed up by a platform of solutions. I dropped "PLM" from the title of last year's strategy review. I feel even better about that decision a year later. They now have a broad software suite brought to market as solutions tailored to support key initiatives in the vertical industries they serve. As times goes … [ read more ]

    Dassault Systèmes Strategy 2017+
  • The Finding PLM to Fit Mid-Sized High-Tech Companies ebook explains how smaller companies in the high technology industry find themselves stuck between full-featured Product Lifecycle Management (PLM) systems that feel out of reach and less capable solutions including cloud-based file sharing or very basic data management applications. They know they can’t afford the errors and inefficiency inherent to informal data and process management, but can’t afford a large time, resource, and financial investment to fix their problems. Unfortunately simple solutions like web file sharing, while very attractive, fall … [ read more ]

    Finding PLM to Fit Mid-Sized High-Tech Companies (ebook)
  • The How-to Guide to Transitioning from 2D CAD to 3D CAD  shares best practices for moving from 2D to 3D. The guide shares the reasons you should consider going from 2D to 3D, common challenges to avoid, and benefits enjoyed by other companies who gone to 3D. The guide then shares advice to make your switch from 2D to 3D CAD a success. The recommendations were developed by analyzing the responses of Top Performing companies and comparing them to Average Performing companies.This eBook is one in a series of three:Transitioning from 2D CAD to 3D CAD Migrating from 3D CAD to a new 3D CAD Adopting … [ read more ]

    Best Practices for Going from 2D to 3D CAD
  • The Reducing Cost of Quality in CPG report shares perspectives from a survey of over 175 CPG companies to determine how Top Performers manage consumer packaged goods quality. The research finds that these leading companies are able to achieve better quality results with lower internal costs. The report analyzes their processes, organizational structures, and enabling technology to determine how they can get better quality results without placing a financial burden on the business.Please enjoy the summary below, or click the report to download a PDF overview (free of charge, no registration … [ read more ]

    Reducing Cost of Quality for Consumer Packaged Goods (survey report)

Improving Engineering Decision-Making with PLM

Share

Issue in Focus: Improving Engineering Decision-Making with PLM – Better Products through Information-Driven Decisions discusses the importance of enabling engineers and product developers to make informed decisions when developing products. The report discusses how PLM must provide efficient and rapid access to product information – in context – so engineers can make optimal, information-driven decisions and develop better, more profitable products.

Please enjoy the summary below, or click the report or title to download the full PDF (free of charge, no registration required).

Table of Contents

  • Introducing the Issue
  • Increasing Challenge of Engineering Decisions
  • Addressing The Product Information Challenge / Opportunity
  • Enabling Engineers to Make Timely, Optimal Decisions
  • Taking it to the Next Level – Supporting NPD
  • Conclusion
  • Recommendations
  • About the Author

Introducing the Issue

Making poor product or portfolio decisions can lead to devastating impacts on fiscal performance, Likewise, making a poor engineering decision during product development can lead to catastrophic consequences. But truth be told, most decisions an engineer makes on a daily basis don’t have life or death implications. In fact, no one decision will probably be the difference between product success and failure. The combined impact of all of the decisions required to develop even a simple product, however, has a significant impact on the performance, quality, reliability, cost, compliance – and ultimately profitability – of a product.

Engineering is essentially applying knowledge and science to create solutions to problems. In product development this means making decisions to address a set of requirements or needs. Engineers make thousands of decisions in product development, from big ones down to the small, everyday ones. For example, an engineering leader from GM explained at a recent conference that developing an automobile is a process consisting of over 25,000 decisions. Each of these decisions is important on its own, but more importantly the decisions are inter-related and decisions made early in product development can have a dramatic impact downstream.

Given the important role of engineering decision-making in product development, manufacturers should treat it as a core competency. Manufacturers must enable decision-makers to make better, more confident decisions. They should also enable engineers to make decisions efficiently and get them right the first time to optimize product development time, reduce time-consuming design rework, and improve time to market. Optimizing engineering decisions is ultimately about driving greater success and profitability of products.

Improving decision-making is even more important today as engineers face unprecedented complexity in product development. At the same time, competition is much more global and competitive advantages are easier to copy. What was a “good enough” decision ten or fifteen years ago will not suffice today. The bar has been raised. Companies are targeting “right the first time” decision-making to make more optimal, confident decisions based on better information. The engineering decision-making processes and tools of over a decade ago will not suffice either – they must evolve to enable data-driven decisions to optimize product designs.

 

 

Trackbacks

Speak Your Mind

*