CIMdata Releases Connecting the Value Chain to Accelerate New Product Introduction
Empowering the Product Stakeholder Network with a user centric PLM system
ANN ARBOR, Michigan, 3 July 2018-CIMdata, Inc., the leading global PLM strategic management consulting and research firm, announces the publication of an eBook titled "Connecting the Value Chain to Accelerate New Product Introduction."
Many industrial and consumer engineered products comprise between 40% and 70% of procured-in content. Engineers must work with components, sub-modules, and whole products that come from outside their organization; that they did not design. These items must be evaluated for performance, price, availability, and form, fit, and function properties along with internally designed engineering content, yet PLM systems don't manage the situation of mixed procured-in and internally authored content very well. An industrial engineering manager recently said: "90% of engineering design is shopping." A reference to the amount of time engineers spend away from productive engineering design work, concentrating on non-productive activities related to procured-in content.
In a recent survey titled "CIMdata Cloud PLM survey 2018" respondents were asked: What Are the PLM Challenges Today? The number one issue respondents face is cross-functional coordination between members of the product stakeholder network.
This eBook confronts the trend toward engineering designs comprising a high percentage of procured-in content, and the organizational issues of cross-functional coordination especially between engineering and procurement.
According to Mr. James White, CIMdata Director, Additive Manufacturing Strategy Consulting Practice, "This eBook highlights the increasing issue facing engineers who grapple with mixed procured-in and internally authored engineering content; something engineering centric PLM systems historically didn't anticipate."
To find out more and to download the eBook on "Connecting the Value Chain to Accelerate New Product Introduction," visit https://www.cimdata.com/en/resources/complimentary-reports-research/white-papers.
For more information, contact:
Cheryl Peck, Director of Marketing
c.peck@CIMdata.com
Tel: +1 734.668.9922
In Europe, the Middle East & Africa contact:
Gerard Litjens, Vice President EMEA
g.litjens@CIMdata.com
Tel: +31 (0) 495.533.666
About CIMdata
CIMdata, a leading independent worldwide firm, provides strategic management consulting to maximize an enterprise's ability to design and deliver innovative products and services through the application of Product Lifecycle Management (PLM) solutions. Since its founding in 1983, CIMdata has delivered world-class knowledge, expertise, and best-practice methods on PLM solutions. These solutions incorporate both business processes and a wide-ranging set of PLM-enabling technologies.
CIMdata works with both industrial organizations and providers of technologies and services seeking competitive advantage in the global economy. In addition to consulting, CIMdata conducts research, provides PLM-focused subscription services, and produces several commercial publications. The company also provides industry education through PLM certificate programs, seminars, and conferences worldwide. CIMdata serves clients around the world from offices in North America, Europe, and Asia- Pacific. To learn more about CIMdata's services, visit our website at www.CIMdata.com, follow us on Twitter: http://twitter.com/CIMdataPLMNews, or contact CIMdata at: 3909 Research Park Drive, Ann Arbor, MI 48108, USA, Tel: +1 734.668.9922. Fax: +1 734.668.1957; or at Oogststraat 20, 6004 CV Weert, The Netherlands, Tel: +31 (0) 495.533.666.
