Dassault Systèmes (DS) (Euronext Paris: #13065, DSY.PA), a world leader in 3D and Product Lifecycle Management (PLM) solutions, announced that it is offering high-tech companies a more effective way to utilize design-for-cost capabilities early in the product lifecycle. Building on its broader high tech PLM offering, the DS ENOVIA Component Supplier Management (CSM) Initiative will enable companies to promote a more comprehensive design anywhere, manufacture anywhere strategy incorporating global re-use, standardization and utilization of parts and components across their entire product development process. This approach helps to drive organizational agility and savings by maximizing margins, driving economies of scale, reducing cycle times and improving overall quality.
“Most organizations today are challenged with the efficient management, reuse and standardization of parts. Whether they are sourcing commercial off-the-shelf parts or a component for a custom design, not having a comprehensive picture of what is available results in duplication and consequently, lost time and money for the organization,” said Rob Shinno, global director, High-Tech Market Development, Dassault Systèmes. “Ultimately our aim here is to help high tech companies shift their focus from managing internal costs only, or external price only, to a complete understanding and management of all cost drivers across the value chain.”
A recent AMR Research study highlighting the top priorities for high tech manufacturing execs indicated that 19% of respondents identified managing supplier quality, compliance and overall performance as being of paramount importance in 2008. By integrating CSM into their design and manufacturing processes, companies have the added benefit of being able to track compliance for the materials and components the configuration of each product and integrate that data into the reporting process.
With the CSM solution, organizations can bring together engineering and sourcing functions to facilitate cost-effective part development decisions (or to enable effective design to cost strategy) to:
- Drive economies of scale by maximizing part re-use and component standardization across product lines
- Support strategic sourcing strategies
- Improve component qualities and compliance with company quality policies and multiple geographical standards and regulations
- Reduce time to market by designing component reuse through standard and consistent development and introduction process
- Improve supply chain performance through supplier standardization and AVL /AML (Approved Vendor List/Approved Manufacturer List) management
- Support global business operations and DAMA (Design Anywhere Manufacture Anywhere) strategy
Based on its V6 collaborative business platform, Dassault Systèmes (DS) delivers integrated PLM solutions for companies in the High-Tech / Electronics industry to help them accelerate the development of innovative products. As innovation can’t be separated from demand management, production, and distribution, DS’ High-Tech / Electronics PLM solutions integrate business process management with cutting-edge tools for design, engineering and manufacturing planning. By helping to manage market demand and facilitating enterprise-wide collaboration, organizations are able to become more efficient, productive and responsive to changes in the marketplace or supply-chain.
Dassault Systèmes will be hosting an e-Seminar entitled “Managing a Global Component Supply Chain” on November 5th, 2009 at 1:00 PM ET / 11:00 AM PT. For more information on this e-Seminar or to register, please go to: www.3ds.com/company/regional-spotlights/northamerica/high-tech-csm-en/.
About Dassault Systèmes
As a world leader in 3D and Product Lifecycle Management (PLM) solutions, Dassault Systèmes brings value to more than 115,000 customers in 80 countries. A pioneer in the 3D software market since 1981, Dassault Systèmes develops and markets PLM application software and services that support industrial processes and provide a 3D vision of the entire lifecycle of products from conception to maintenance to recycling. The Dassault Systèmes portfolio consists of CATIA for designing the virtual product – SolidWorks for 3D mechanical design – DELMIA for virtual production – SIMULIA for virtual testing – ENOVIA for global collaborative lifecycle management, and 3DVIA for online 3D lifelike experiences. Dassault Systèmes’ shares are listed on Euronext Paris (#13065, DSY.PA) and Dassault Systèmes’ ADRs may be traded on the US Over-The-Counter (OTC) market (DASTY).