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.
Companies who have adopted a consistent approach to managing platforms are receiving numerous cost benefits with up to 50% reductions in design and development costs and significant savings in manufacturing, sales and service.
Read the article, with references to case studies and Frost & Sullivan research to learn how.
In today’s beverage marketplace, consumers often make its choice in the fraction of a second. Having your beverage’s container design stand-out amongst the crowd can create a significant competitive advantage. KHS has responded to its customers’ need for a growing assortment of bottles, cans and labels in new shapes, sizes and alternatives through the design of modular machines.
Watch the video to learn how a consistent modular product architecture approach enables KHS to meet its customers’ requirements and at the same time reduce product development costs and time to market.
The Value of a Platform Strategy
Product diversity can be a powerful growth driver, but manufacturers need to manage the complexity that comes along with it. Managing diversity with a consistent product platform approach enables companies to achieve product diversity with scale; resulting in cost savings for their organization and their customers.
Read the PTC whitepaper to learn how a global platform strategy can overcome the challenges of managing product diversity.