Streamline the design-to-launch process and proactively plan for issues to mitigate the impact of supply chain disruptions on product launches, market share and revenue in electronics. Collaborating with teams and involving suppliers and partners early helps identify and address problems. By tackling these challenges, you ensure the timely delivery of innovative products to market.
How can you get your products to market faster and plan for the inevitable supply chain issues? Create a secure, frictionless flow from concept to delivery. Below are some of the common issues the industry is facing.
When launching new products, delivery delays are inevitable when the system is fragmented. To adapt, they must foster collaboration, involve suppliers early and leverage technology for resilience. (Lifecycle Insights)
This occurs 5-20x per printed circuit board (PCB) project due to supply chain issues. Use real-time and predictive data to foster visibility and collaboration across the product lifecycle for safer sourcing decisions. (McKinsey)
Supply chain challenges around electronics and semiconductor, like supply disruptions in automotive, have major loss costs. Make safer sourcing decisions based on real time and predictive data. (McKinsey, Goldman Sachs)
From electronics design to manufacturing, streamline the product development processes. Improve electronics supplier collaboration, leading to reduced logistical disruptions and delays.
Adopt a comprehensive approach that combines faster design processes, goal alignment, early supplier involvement, efficient electronics configuration and effective bill of materials (BOM) management. You can streamline your time to market and overcome supply chain challenges, ultimately gaining a competitive edge in today's fast-paced market. With supply chain management, you can:
By leveraging sustainable sourcing intelligence and implementing green design principles, companies can optimize product costs and carbon footprints during development. This solution allows you to create eco-friendly innovations while maintaining cost-effectiveness, ultimately leading to better-built products that meet the growing demand for sustainable solutions. With these implementations, you can:
Mitigate risks by establishing a secure supplier and partner ecosystem and ensuring on-time delivery. Leveraging IT solutions, you can create environmentally friendly logistics processes that position you at the center of the circular economy. This will enhance resilience and sustainability in an increasingly complex and interconnected business landscape. With the circular economy, you can:
Addressing issues early impacts the cost greater, keeping costs lower. (Mercury Marine)
Build apps 10x faster with a scalable low-code platform merged with product lifecycle management (PLM) and enterprise resource planning (ERP), enabling innovation and new product introduction. (Mercury Marine)
Optimize profitability by balancing market price, quantities and manufacturing costs. Teamcenter enables detailed competitor analysis, best-practice calculations and transparent cost tracking for effective decision-making. (Festo)
By eliminating custom quoting tools, email-based RFQs and integrating sourcing process within the Mercury Teamcenter system, we were able to unify data sources across multiple functional groups and increase the throughput of early supplier involvement events.
Streamline your NPI process from concept to delivery with our PLM solution. Boost efficiency, reduce costs and ensure compliance by managing complexity, bill of materials (BOM), change, sourcing and supplier collaboration. Secure data exchange and PLM-enterprise resource planning (ERP) integration enhance accuracy and productivity.
On-demand webinar | Product variability management with PLM
On-demand webinar | Reduce product costs and carbon footprint
On-demand webinar | The role of quality in new product introduction
Blog | What is new product introduction and how does it apply to PCBs?
White paper | IT solutions for environmentally friendly logistics
White paper | Circular economy