DriveWorks provides a fantastic suite of tools that allows us to create user interfaces where we can capture complete, accurate, manufacturable information which can be used to generate designs and outputs. But there are cases when the front end of a configurator may already exist or our input information is coming from somewhere other than a user entering into a form.
While some companies might launch a new venture or a product line with just an idea for a new offering, eventually a business model needs to be created for long-term viability of the organization.
The very nature of industry is changing from a means of production to a process of value creation that leverages high value-add, digitally connected networks. Manufacturing is no longer about simply making physical products. Organizations are moving from make-to stock products and toward less inventory dependent build-, configure-, and engineer-to-order fulfillment strategies (see Figure 1). This requires investment in agile customer-driven processes, digital infrastructure, and disruptive business models.
Gartner Group recently published two reports summarizing the trends happening in the A&D supply chain markets - both the commercial and government sectors.
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From electrical power to the artificial heart to the Internet, technology has improved economic growth and enhanced standards of living. Yet failure rates show that many organizations and new products struggle for survival and fail within a few years.