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Planetary Folklore (Victor Vasarely, 1969)

Connected PLM: Making Better and Faster Product Lifecyle Decisions

By Design for X (DFX), PLM, Uncategorized No Comments

The industrial Internet of Things is breathing a new life into product lifecycle (PLM) practices and PLM software itself.

From its early days, the mantra and promise of product lifecycle management was anchored in the ability to harmonize all product lifecycle activities and frontload complex design and manufacturing. The promised benefits centered on accelerating design and manufacturing ramp up and reducing associated cost by identifying mistakes and resolving conflicts early on, when the cost of design change is still low. Additionally, a centralized repository of reusable designs, best practices, compliance procedures and other objects fosters reuse of enterprise knowledge and experience. These, in turn, reduce the number of design iterations, lower the cost of engineering change orders (ECOs), improve product quality, reduce warranty costs and accelerate time to market.

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Airplane Over Train (Natalia Goncharova, 1913)

The Automotive Industry: On the Road to Autonomy — Automotive Industry Snapshot and Predictions

By Automotive, Autonomous Cars, Connected Cars, Electric Vehicles, Strategy, Uncategorized No Comments

Value Chain Disintermediation: Electronics and Software are the New Automotive Supply Chain Kings

The auto industry’s century-old drive to gain efficiencies, accelerate production output, reduce waste and recoup working capital through lean techniques has also led to a strong cultural bias towards inside innovation and complex love-hate relationships with a network of select suppliers of mostly mechanical and electrical subsystems.

But today, electronics and software are the key to brand differentiation, customer affinity and market competitiveness. Electronics manufacturers are quickly becoming the new kings of the automotive value chain as the center of gravity is shifting from complex mechanical systems and passive safety features to sophisticated electronics and software. New entrants and outside innovators are redefining the traditional roles in a value chain structure that has changed very little in decades and are changing the familiar landscape.

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