Entries with Keyword whitepaper
When introducing a new product, should you work with your current supply chain to optimize your part costs for both products, or add additional supply chain partners to optimize quality and efficiency for the new product? This article discusses the pros and cons of each option and offers suggestions to help you in your decision-making process.
While the definition of time to market (TTM) can vary depending on the company and product complexity, for the purpose of this article we are going to define time to market as the period of time from when a product idea has general agreement and resources are committed to the project, to when the final product is built and out the door to a customer.
In a world defined by a diverse global marketplace, supply chain risk management has become essential not only for ensuring success, but also for preventing failures.
Scrap and rework costs are a manufacturing reality impacting organizations across all industries and product lines. Scrap and rework costs are caused by many things—when the wrong parts are ordered, when engineering changes aren’t effectively communicated or when designs aren’t properly executed on the manufacturing line.
Taking a step-by-step approach and getting buy-in from all stakeholders when putting a new tool in place will help ensure a smooth, successful implementation. Implementing product lifecycle management (PLM) is no different. This article provides six tips for manufacturers that are considering using a PLM software system or are ready to move forward with a PLM implementation.
Manufacturing a product means you have parts – anywhere from just a few to hundreds, perhaps even thousands, to manage, track and store. Part numbering provides a standard way to reference parts. Manufacturers use part numbering schemes to assign a unique number to each part.