Simply put, a PRODUCT is a good, idea, method, information, object or service created as a result of a process and serves a need or satisfies a want. A product has a combination of tangible and intangible attributes (benefits, features, ...
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Product Lifecycle Management (PLM) is an ‘old‘ discipline; it came out in the mid 80’s as the engineering data management solution of choice to support product development, especially in the context of optimising CAD and Product Data Mana...
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Developing and launching a new product require creativity, collaboration and accuracy, but also discipline and rigor. New Product Introduction (NPI) frameworks cover business case for a new product concept or idea to a market reality, ty...
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Aerospace and automotive are two major manufacturing industries – also old industries born over a century ago; they have drastically evolved in the past 30 years in terms of product performance, leveraging high technologies and significa...
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A business process is typically an activity or a set of inter-dependent activities, tasks or actions that, once complete, will accomplish a specific organizational objective. It can be described and illustrated by a use case or a set of ...
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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...
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In 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...
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