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Product Diversity with Scale
To meet customer- and market-specific demands, companies are increasing products and product offerings. Managing the corresponding complexity can impact budget and resource capacity that could be used for greater product innovation.
Learn how a global platforms strategy can help manufacturers optimize design processes to maximize reuse across configurations and minimize costly redundancies.
PTC Global Platforms solution provides manufacturers with a way to efficiently deliver regional or market-specific products without increasing operational complexity. This solution allows you to achieve product diversity by:
- Managing modular product designs
- Validating product platforms and specific configurations
- Reusing platform logic and product configurations across the enterprise
- Overview
- Customer Stories
Platform reuse to meet diverse market needs
For many manufacturing companies, offering more than “one size fits all” products is highly desirable, if not necessary, to meet the needs of their diverse customer base and key market segments. But companies often lack the means to manage the process effectively and efficiently. The challenge is to meet the diversity of product requirements – and the requirements of product diversity – while achieving economies of scale across the enterprise.
Product diversity with scale is possible with a global platform strategy. With a platform approach, companies reuse systems and subsystems across product families. Innovation increases as designers build on previous product generations. Efficiency improves as reuse of systems and interfaces becomes the basis for manufacturing plans and service deliverables. In the end, companies are able successfully execute against strategies that capitalize on regional, market, and customer-driven products – ultimately gaining real, and sustainable, competitive advantage.
To accomplish this, the enterprise must be aligned throughout the value chain, from requirements and order creation, to development, manufacturing, and services. An important part of such alignment is a global platform approach that manages all aspects of a product: the geometry, the various “bills of information,” and all the configurable logic. With such an approach, product history and all configuration-specific variations are captured and traceable. The PTC Global Platform solution provides companies with the critical capabilities needed for platform success.
With a global platform approach, companies can:
- Enable faster NPI through greater product reuse
- Improve NPI win rate through tailored products
- Reduce production cost and improve service profitability via configuration-specific plans
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