Arena Blog

Topic: BOM Management

Escape the Horror of Siloed Systems

Typically companies tend to operate in silos with defined stage-gate handoff points during the product design process; however this outdated approach can have a very negative impact on new product introduction (NPI).For example, often the first time purchasing or...

July 30, 2015

Diversified Supplier Spend Reduces Supply Chain Risk

A product lifecycle management (PLM)-based procurement solution supports part visibility to calculate and forecast aggregate material needs. This in turn helps OEMs better negotiate the purchasing decisions of suppliers. When procurement managers can not only aggregate the costs of expensive...

June 25, 2015