- Does your product in compliance with customer’s specifications and are they willing to pay for it?
- Does your product provide the precise value sought by the customer?
- Are the actions required to design order and produce, value creating?
In a view to optimizing cost while keeping up with the competition, the activities that are non-valued or “wastes” should be eliminated. Though starkly divergent, Aerospace and Defense industries are potentially handicapped by the fundamental threat of non-value added activities and are trying to eliminate or minimize it.
Need for improved engineering decisions
Typically, non-value added activities account for 95 percent of the total lead time. Those activities include reviewing, counting parts, inspecting, testing/checking, filling information, obtaining multiple approvals, revising/reworking, reporting. Interestingly, many manufacturers don’t even recognize these as “wastes.” Based on recent research by Tech-clarity, the findings on the engineering wastes are:
- Engineers in designing products spend only 48 percent of their overall time
- Engineers are working with outdated information that constitutes 20% of their overall time
Companies are struggling to accelerate their product development and bring it to the market faster. For an efficient R&D process and to focus on value-added tasks, an active design data management is fundamental. It will contribute to a higher level of predictability, which might result in a more profitable operation.
At the core, the focus should be on what the customer wants and also eliminating or minimizing waste across enterprise value streams. 3DEXPERIENCE platform can bring in all the participants on a single platform to foster better collaboration and Industry practices for better product development on time on target.This addresses the challenges by capturing corporate knowledge and enabling business, engineering, and manufacturing functions to have visibility into each other’s decisions.
Additionally, it helps avoid wasted time by allowing engineers access and share information in real-time across departments with the supply chain. A centralized structure assists to deliver three fundamentals of efficiency.
- All participants access a single, consistent data source
- Process Standardization –Capturing standard reference processes is a must
Companies that adopt 3DEXPERIENCE will see extra advantage out of product development capacity by knocking out errors, the first time. This benefit can be leveraged for incredible cost savings, improve product quality, refocusing on competitive advantage. By sharing new ideas and concepts without the expense of physical prototypes, across geographic and organizational boundaries, you will be better equipped to respond faster to the most progressive market trends. It’s time you embrace the future with efficient resource and time management based on information-driven decisions to combat complexity, improve productivity, stay close to your customers and be more cost effectively than ever before.