Reduce Time-to-Production

Meeting Demand for New Products Means Ensuring Rapid Time-to-Production

Reduce Time-to-Production - Challenges

Challenges


Your goal to consistently reduce time-to-production for new products is often derailed by late-cycle changes, the use of unqualified and nonstandard parts, low supplier involvement in design decisions and overall inefficient communications. All of these elements work against you when trying to ramp-up production to meet demand.
Reduce Time-to-Production - Impact

Impact

With numerous new suppliers to bring onboard, long lead times and recurring design changes, your business suffers from missed delivery schedules, increased scrap and rework, and lower-quality products at a higher cost.



“We have designed new apparel and graphics and have them in manufacturing within 24 hours. That speed allows us to create demand and continually focus on high-performance product innovation.”
— Peter Burrows, CIO Emeritus, adidas Group

What’s Possible

Authorizing supplier access to up-to-date design data and a shared schedule for deliverables will streamline communications and enable supplier expertise to be incorporated early in the design process. By ensuring that engineering is using and reusing qualified, preferred components from approved vendors and manufacturers, you can be confident that product development and supply chain planning strategies are aligned. For you this means shorter lead time, on-time production, ability to fulfill demand and lower manufacturing costs.

Process Improvement Opportunities

The most successful companies reduce time-to-production by transforming one or more of these key processes:

Management

 

  • Program and Portfolio Management: Drive innovation, optimize collective value, manage risk and make trade-off decisions across a set of programs while ensuring alignment with strategic objectives.
  • Project Management: Plan, execute, monitor and control complex development efforts and dependencies spread across globally distributed project, product and technology teams.
  • Regulatory Compliance: Determine product regulatory obligations, collect and assess evidence of compliance, communicate results to internal stakeholders and report evidence of compliance to customers and regulators.
  • Change and Configuration Management: Evolve products in an orderly fashion, from concept through retirement.

Hardware and Software Engineering

 

  • Variant Design and Generation: Define and manage multiple product configurations to satisfy customer-, region- and market-specific needs and accommodate design alternatives and improvements.

Supply Chain and Manufacturing

 

  • Product Cost Management: Enable early and ongoing visibility into detailed cost drivers and evolving estimates to ensure products meet landed cost targets.
  • Design and Manufacturing Outsourcing: Engage with a third party to deliver a hardware/software system, sub-system, component design or design services.
  • Component and Supplier Management: Enable effective selection, creation and incorporation of preferred parts and suppliers during the product development process, including the management of associated relevant characteristics.
  • Manufacturing Process Management: Define and manage the manufacturing processes to be used to fabricate parts, assemble final products and perform inspection.
  • Tooling Design and Manufacture: Design and manufacture necessary tooling (e.g., molds, dies, electrodes, mold bases) required to produce a part.

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PTC Solutions

PTC offers a comprehensive portfolio of solutions to help manufacturers reduce time-to-production. To learn more, select any of the solutions below: