Discounted Cash Flow (DCF) analysis is a method of valuing a project, company, or asset using the concepts of the time value of money. Each cash inflow/outflow is discounted back to its present value (PV). Then they are summed to calcula...
Nowadays everything is getting connected with ‘smart‘ products and devices transmitting and sharing useful information. In the manufacturing industry, data become more and more available with embedded software and sensors for analysis, o...
Data migration refers to the movement of data from an old or legacy system to a new system (often linking to data quality in context of: “garbage in, garbage out“). It takes place during the transition from one solution to another, is ty...
Informed Decision Making: Turning Data into Business Insight
2015-05-18Data, Leadership, PLM, Analytics, Decision MakingDecisions are made in context. They typically involve a problem definition, a decision maker and a feedback loop on action taken. The concept of ‘informed’ decisions is linked to (though distinctly different) the concept of ‘better’ deci...
Effective Supply Chain Collaboration: Why it Matters
2015-05-16Outsourcing, Supply Chain, Talents, CollaborationCollaboration with partners, suppliers and customers has become a strategic imperative for companies in the networked world of business; there are company-centric and customer-centric views of collaboration. This also applies to the manu...
Discussions about Engineering & Design (E&D) Return on Investment (RoI) among manufacturing industry executives often turn to engineering productivity. A far more important metric is perhaps engineering throughput combined with cycle tim...