9 Ways to Drive Down Product Development Costs in a Tough Economy

  • Source: PTC
  • Written By:
  • Published:
  • (Originally Published On:) )
As consumer demand drops, many companies are being forced to lay off staff. That might help in the short term, but those companies still have to keep operations going, reduce costs, keep profits up, and produce high-quality products—only now with far fewer people. This in-depth guide offers nine product development strategies for your company to weather this downturn and prepare for the eventual economic rebound.

Featured Software Research:

Total Cost of Goods Shipped: A Guide to Better Sourcing Decisions

To increase profits, companies are searching for ways to reduce costs or sell more at the highest possible price. Many companies are turning to imported goods and materials due to lower manufacturing costs, but this can involve many hidden costs. In this paper, PM War Stories and Pronto Software examines how to effectively track the total cost of goods shipped to aid executives in making faster, better sourcing decisions. Read More

Selecting ERP for Oil and Gas Industry Contractors and Vendors

  • Source: IFS
  • Written By:
  • Published:
Suppliers to the oil and gas industry are under more pressure than ever before to increase quality, collaborate closely with the customer, and take on more project risk. Learn how enterprise resource planning (ERP) helps engineers procure construction companies, equipment fabricators, and service providers to meet the new demands from oil and gas companies. Download this white paper to learn more. Read More

You may also be interested in these related documents:

Staying Aloft in Tough Times: Why Smart, Innovative Businesses Are Turning to Cloud Computing

  • Source: IBM
  • Written By:
  • Published:
Demand for business expansion, profitability, and an enhanced user experience is accelerating the move to cloud computing. Cloud answers the enterprise’s need to simplify and to use the best resources from the best devices, wherever they happen to reside on the network. For chief information officers (CIOs), it’s an opportunity to reduce operational complexity and deliver greater value to the organization. Find out more. Read More

Six Mistakes Companies Are Making Today and How You Can Avoid Them

  • Source: SAP
  • Written By:
  • Published:
When the economy slows, many businesses react by retrenching and cutting costs. While cost reduction is important, companies often overlook equally critical strategic decisions—opportunities to use business information to strengthen product and service offerings and emerge ahead of the competition. Find out how you can use business intelligence (BI) to avoid the most common mistakes companies make in a down economy. Read More

Economic Benefits of PLM-enabled Collaboration

Many of today’s product lifecycle management (PLM)-enabling technologies allow complex information to be shared by dispersed teams of people. Product data management (PDM) technology is used to organize and provide access to your intellectual assets. PLM, its collaborative Product Definition management (cPDm) capabilities, and other solutions can help you go beyond asynchronous data sharing. Find out how. Read More
 
comments powered by Disqus