A PLM is your system of record for product data – from ideation through sustaining engineering.
But, when we look at how engineering teams execute product development cycles today, one set of critical data is never making it to the PLM.
Design feedback and decisions live almost exclusively in emails, spreadsheets, and PowerPoint decks. And it’s not surprising. These are some of the only tools engineers are using to engage their team and stakeholders for feedback, leaving a serious crack in their digital thread.
At the same time, 90% of engineering teams state that product launches are delayed due to late stage changes.
Engineering teams need to implement a true Design Engagement System (DES) for more effective product development and a more holistic digital thread.
In a recent McKinsey study, four things separate the most productive companies from all others in their vertical.
But why is it that the less productive hardware teams find these investments so difficult?
Because they’re not evolving their processes along with the complexity of product development cycles.
Product development is getting more complex: more complex assemblies, more teams, more technology. Yet engineering teams are still completing PD cycles with spreadsheets, PowerPoints and email threads.
As a result, engineers are overworked, frustrated and dedicating too much time to administrative, non-value add work.
This isn’t just a headache for you and your engineering team, this is costing your company millions in rework, turnover and delayed launches.
The answer isn’t 10% efficiency gains in how you run meetings. It’s a step change in the way your team works together.
The answer is a Design Engagement System.
Throughout the Keynote, Taylor will address:
Here are a few pre-reads for you eager beavers:
