Industrial design has become more complex due to the rise of smart products, greater customization, shorter deadlines, and dynamic supply chains. This has led to an influx of data to manage, which increases the likelihood of errors and inefficiencies. With a growing number of products and development complexities, it is crucial to store design information in a secure and accessible manner. However, many applications turn this task into an administrative burden, consuming valuable time that engineers and designers could otherwise use for innovation. Consequently, managing equipment’s multi-domain bill of materials accurately becomes challenging, making it almost impossible to create innovative designs.
The five most common yet dangerous time wasters in design and collaborative BOM Management
According to a recent survey, industrial engineers waste an average of 15% (in some cases even 25%) of their time with non-productive data management tasks. What are these top 5 collaborative BOM Management time wasters?
- Can’t Find and Reuse Data
- Lost CAD Designs
- Preparing Data for Others
- Managing Complexity
- Managing Change
Multi Domain BOM Management relieves the pressure
Smart products, growing demand for customization, shrinking product lifecycles and increasingly dynamic supply chains – all add to the complexity of industrial design, increasing the likelihood of inefficiency and errors. Collaborative environments, with participants all over the planet, require significant time and effort to keep them all involved, informed, and coordinated around engineering changes and multi-domain BOM management. If you fail here, you will waste enormous time, energy, and money.
Spend 25% less time on nonproductive BOM Management
What if companies could give that wasted time back to their technical personnel? That’s exactly what leading companies do. Research by Siemens shows that Top Performing companies – those that are better able to quickly and efficiently design high-quality, innovative products – spend 25% less time on nonproductive Data and BOM management tasks.
If you want to avoid these time-wasting traps and learn from the top performers’ better practices, don’t hesitate to download the free E-Book that Siemens has put together which shows you how to avoid the five most common yet dangerous time wasters in design.
Download the E-BOOK from Siemens to avoid these traps and learn best practices from top-performing companies