Arena’s flagship solution, BOMControl, manages bill of materials (BOM) via a secure, centralized cloud solution to reduce errors and scrap or rework, which results in higher quality products, better cost control and accelerated time to market. With this new release, customers can now define a “sourcing split” between different suppliers for the same item. This allows procurement and supply chain strategists to divide the sourcing allocation among different suppliers. In this way, customers gain increased visibility to proactively address supplier issues caused by extreme weather, natural disasters, compliance issues or availability of parts, which are critical to reduce sourcing risk and prevent production delays or stoppages.
An additional enhancement gives customers the ability to create custom BOM line attributes, which enriches ‘parent/child’ information and enhances the effectiveness of the product. These custom BOM line attributes are:
Finally, Arena Quality now enables customers to configure quality templates with sign-off steps within the quality approval process. As a result, users can drive phased gate quality approval processes ensuring better visibility and improved collaboration with all impacted stakeholders, even when they are widely dispersed.
“Arena pioneered cloud-based PLM more than 10 years ago, and through consistent updates and releases two or three times a year, we continue to increase our lead in this industry,” said Steve Chalgren, vice president of product management and strategy. “The Spring release gives our customers new tools to strengthen supplier risk management and adherence to quality processes. For the modern technology or medical device company, the choice is clear. Cloud PLM is the future of the industry, and Arena is leading the way.”
About Arena Solutions
Pioneer of cloud-based PLM, Arena’s suite of PLM and supply chain solutions enable engineering, manufacturing and their extended supply chains to speed prototyping, reduce scrap, streamline their supply chain, improve margins, and collapse time to market. Based in Foster City, Calif., Arena’s PLM applications simplify bill of materials (BOM) and change management for organizations of all sizes, and the company has been ranked as a Top 10 PLM provider and Top 5 Supplier Collaboration solution. Arena also holds a spot on National Association for Business Resources’ “San Francisco’s Best & Brightest Companies to Work For” List for 2014.