Fueling the Business of Engineering for Automotive Suppliers - Part 2 of 2

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Fueling the Business of Engineering for Automotive Suppliers - Part 2 of 2

In Part 1 of this two-part series, we began by discussing how a perfect storm for inefficiencies and risk has been brewing – especially for automotive suppliers.  We identified the quoting phase and its related processes and activities as a key source of this risk as visualized by the Risk Quadrant graphic below.  To overcome these challenges, we suggested that a product lifecycle management (PLM) platform be used.  In the second part of this series, we’ll explore the value a PLM platform can provide and the specific operational activities that PLM facilitates.

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Fueling the Business of Engineering for Automotive Suppliers - Part 1 of 2

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Fueling the Business of Engineering for Automotive Suppliers - Part 1 of 2

Automotive suppliers face a combination of market forces that have created a unique business environment – an environment where uncertainty and unmitigated risk are eroding profit margins.  Why are other manufactures immune and what’s so different about automotive suppliers?  High volume production combined with product and tooling complexity create a perfect storm for uncertainty and risk.  This article deconstructs these risk factors and explores strategies and tools to calm the storm.

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Integrating CPQ with PLM

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Integrating CPQ with PLM

A common need is to manage data and support processes.  The data portion includes product data, their rules/options/constraints and associated documents such as 3D CAD used in the design automation aspect of CPQ.  For processes, this implies mechanisms to move a quote through the various functional areas of the business such as engineering, finance, manufacturing, planning, purchasing, etc.  Together, managing data and facilitating processes are the very heart of PLM.

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Building a Case for CPQ Operating on PLM

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Building a Case for CPQ Operating on PLM

No Other Platform Provides the Needed Single-Source-of-Truth like PLM.  CPQ draws on a wide variety of data and is critically process dependent.  If ever there were applications that could use “single source of truth,” it is CPQ.  But, for many companies, spreadsheets, file folders, email exchanges and various home grown and internally maintained applications are their “CPQ-lite.”  On top of all of this, the “change train” keeps barreling along.  Data is never static.  Change does not stop.  Time-outs don’t exist.  And, undoubtedly, the “intervention cycles” will be high and unsustainable.  Let’s recall the presentation from an earlier issue as a step toward making the case...

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