A Bill of Materials (BoM) is often compared to a recipe – both identify and list the components of a finished product. While the recipe identifies the required ingredients, preparation steps and presentation recommendations, in manufactu...
In short, Product Life-cycle Management (PLM) is the glue between Product Engineering & Project Execution [design, development, manufacturing] Operations and Engineering-IT, enabling the entire Product Realization, by aligning people and...
Everyone likes Excel MS Excel has become a must-have tool to create, edit, organize and present data, in a tabular or chart format. In the manufacturing industry, Bills of Material (BoMs) are the most critical piece of information used ...
Overcoming Change Challenges Facing the Manufacturing Industry
2015-07-18Leadership, Manufacturing, PLM, Change, ValueChange is becoming a way of life across the manufacturing industry. Even very traditional sectors can no longer afford to stay still. The stimuli are both internal and external. 1) Change typically comes from outside Change is often imp...
Effective NPD Life-Cycle Process – the DNA of Product Creation
2015-07-16PLM, Lean, NPI, Product DevelopmentIn the Engineering and Manufacturing industry, New Product Development (NPD) typically follows an end-to-end process of bringing new products to market, consolidating and aligning product portfolio with business strategy. All products an...
There is typically a sequence of phases that a customer goes through when deciding to buy something. As a fundamental rule, the sales cycle must be described from the customer’s perspective. The first phase of the sales cycle may be eith...