Reducing Product Development Costs through a Product Platform Approach

Best in class manufacturers overcome the challenges of managing product variants with a consistent, product platform approach.

The increase of product variations is driven by many forces, and it often comes at a high cost to manufacturers. The extra time, effort, and expense required to design and deliver more product variations often have a negative impact that isn't confined to the manufacturing process. This impact can extend across the supply chain, from the cost of extra parts inventory to the added burden on service and support organizations. Ultimately, it creates a drag on productivity, which impacts revenue and profitability, both directly and through lost opportunities.

Best in class manufacturers meet the challenges of diversity head-on with a consistent, product platform approach. This allows them to introduce more product variations, faster.