Today's Manufacturing Environment
Improving design data collaboration, accelerating product development cycles, and shortening time to market are all key factors in the success of today’s manufacturing environment.
Success is not only measured by the final product, but by the processes used to make that product. Manufacturing high-quality products at the lowest possible cost in the shortest amount of time is what every Canadian manufacturer is trying to achieve. However, the complexities involved in the engineering and design phases of product development can often lead to longer production cycles.
Manufacturers are under immense competitive pressures, as customers demand lower prices, higher quality, better value, and quicker service.
As the global manufacturing market continues to grow, Canadian manufacturers need to place more emphasis on how they can improve their business processes and shorten their development and production cycles.
So how do you increase your profitability and remain competitive in a global landscape, especially while the Canadian dollar is strong? It all starts with data. Product data, information, text, designs, and drawings are all part of the key elements in a successful manufacturing operation—not to mention significant corporate assets, resulting from the time and effort put forth to produce them. How efficiently manufacturers use these assets is what will separate the contenders from the pretenders.
Here we discuss some of the key business issues surrounding product data management (PDM) that affect all Canadian manufacturers, and discover how collaboration can help to integrate the flow of design data, accelerate product development cycles, and shorten time to market.