Success in today’s global market requires more than creativity and innovation. Products must also offer the features customers want to buy, at a price customers consider affordable. Even more importantly, you must be able to design and manufacture your products at a profit. Of course, you must accomplish all this while racing against the constant time constraints imposed by your customers and competition.
Surviving in today’s global economy is so competitive, companies must simultaneously shorten cycle times and lower costs while improving product quality and performance. Those who do it best will enjoy a competitive advantage. Achieving these goals requires a coordinated effort from everyone involved in product development, from concept to delivery. Processes must be streamlined to eliminate the hiccups that often occur when designs progress from one phase to the next.
One potential disconnect is between design and manufacturing, as a result of disparate tools and the lack of a common, unified platform. This combination causes miscommunication between teams. Plus, different tools require translation to communicate, which wastes time and often results in a loss of information.
This ebook will unveil how adopting an integrated design and manufacturing solution enables concurrent engineering, which helps companies make the seamless transition from design to manufacturing. A unified platform connects product development participants so that they can collaborate, problem-solve,
and communicate. As a result, there will be less miscommunication, which will boost productivity, reduce costs, and improve product quality. Research finds that concurrent engineering leads to a 20 to 90% reduction in time-to-market, up to 75% less scrap and rework, up to 40% lower manufacturing costs, and 200 to 600% higher overall quality.
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