Recent research by Tech-Clarity titled Reducing Non-Value-Added Work in Engineering finds that one-third of development time is wasted.
Some key findings include:
- Engineers spend only 48 percent of their time actually designing products.
- 20 percent of engineering time is spent working with outdated information.
- 70 percent say third parties wait several days or more to send updated information.
Product innovation is critical in the fast moving consumer goods industry. Consumer Packaged Goods companies are really struggling to accelerate their product development and launch successful products faster. There are best practices and case studies that we can learn from, to make the R&D process more efficient and to focus on value-added tasks.
Watch the webinar “Accelerate Innovation Efforts Up to 50 Percent by Reducing Non-Value-Added Engineering Work” where experts share:
- The current state of engineering in CPG companies and how companies are managing the obstacles slowing down innovation.
- How leading companies are leveraging technology to eliminate files and emails, and to cut their innovation cycle from 18 to 6 months.
- Ways that companies can leverage PLM to cut innovation time in half, reduce rework and quality errors, and coordinate a complex ecosystem of functions, partners, and suppliers.
Click here to watch the webinar moderated by Consumer Goods Technology with presentations from:
Kara Romanow, Executive Editor, CGT
Michelle Boucher, Vice President of Engineering Software Research, Tech-Clarity
Raymond Wodar, Director, Business Experience Consultant, CPG-RETAIL, Dassault Systèmes