Increased product options brings added complexity and an array of challenges. This eBook explores the challenges, the impact and the solution from a manufacturers and analysts point-of-view.
A product platform approach is the recommend solution. For more on product diversity after you read the eBook - take a look at http://www.ptc.com/solutions/product-platforms/
4. 100 years ago Henry Ford famously said:
âAny customer can have a car painted any color he wants
so long as it is black.â
4
5. More recently, BMW claimed âevery vehicle that rolls off the belt is
unique.â The number of possible variations in the BMW 7 Series alone
could reach 1,017
Click to read blog
5
7. However, product diversity brings complexity challenges and
headaches to product developers at every manufacturer
7
8. Keeping track of all requirements and designs can mean too
many spreadsheets, documents and system overload
SPREAD
SHEETS
8
9. The result: without diversity, new markets are harder to
penetrate. Opportunities are missed!
Tweet this
9
10. THE CHALLENGES
Products:
âą introduced late to the market
âą fail to meet customer requirements
âą suffer quality issue
THE IMPACT
âą Low levels of customer satisfaction
âą Market opportunity lost to competitors
10
11. The Magnitude of the Impact
âProduct complexity has more than doubled over the last 15 years. Complex
production and sales processes weaken a company's competitiveness.â
Findings from a study by Roland Berger Strategy Consultants Tweet this
11
12. Automotive expert, Takahiro Fujimoto, attributed the Toyota crisis to:
âa tremendous expansion of complexityâ caused by âthe number of models sold in the global market,
and the growing complexity of each individual vehicle due to social pressure and market demandâ.
Source: Interview Under the Hood of Toyota's Recall: 'A Tremendous Expansion of Complexity
12
Click to read blog
13. âGlobal platform management is at the heart of our challenge.
Getting it right, is the daily challenge of our engineers.â
Giulio Mengoli, Vice President, DSO Carton Economy, Tetra Pak
13
14. Product diversity is a requirement, but achieving
diversity with scale â delivering variety with efficiency â
thatÂŽs the key to success. Tweet this
14
18. Benefits achieved by Scania ABâs platform approach
Estimated 50% percent part reduction achieved internally, compared
to reduction achieved by non-modular approach
30%-50% reduction in design and development
costs
10% manufacturing cost reduction
30% reduction in sales and
service expenses
18
Article Source
19. The Volkswagen Group, makers of VW, Audi, Porsche, and
other vehicles, are one of the worldâs most profitable
automakers, largely due to its global platform strategy.
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20. KHS Filling and Packaging
By implementing a modular product architecture, KHS is able to address specific
customer requests, reduce process costs and cycle times proving their overall strategy
supports consistency in dealing with variances and complexity.
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21. WinWinD LTD
With its product platform approach, WinWinD has successfully produced
a high class product and has grown its business at the same time.
21
23. Frost & Sullivan researchers expect:
Over 50 percent of the top 12 global trucking OEMs will increase the number
of platforms by 2018, resulting in an average of one in every three trucks
built with a platform approach. Tweet this
23
24. As these growth strategies emerge, a consistent global platform
approach has become a major requirement for any OEM.
âMarkets considered as an afterthought a few
decades ago are now dictating the course of
global commercial vehicle demand and the
industryâs growth.â
â Frost & Sullivan research
24
Article Source
26. Are you able to CONTROL
your product costs (design,
development and
manufacturing costs) with
standardized components?
Are you able to CAPITALIZE
on new market opportunities
with price premiums for tailored
and custom products?
Are you able to SYNCHRONIZE
product configurators used by
sales with engineering-defined
options so the right product is
configured for the right market?
26
27. Get the most out of your product platform approach.
Take a trip to our resource center.
27
28. The PTC Global Platforms solution helps companies efficiently meet
the varied requirements of market, region, and customer-specific
products without drowning in complexity. Tweet this
28
Not sure if we can use the 7 series image but it would be good.http://blogs.ptc.com/2013/02/06/product-diversity-sales-services-and-henry-fords-big-mistake/ (use bitly link for analytics)
http://blogs.ptc.com/2013/01/23/drivers-and-challenges-of-product-diversity/ (use bitly link for analytics)
Tweet: Poorly managed product portfoliocan have critical implications to a companyâs growth & profitability in new markets. http://www.ptc.com/solutions/product-platforms/ (use bitly link for analytics)
http://blogs.ptc.com/2013/01/28/product-diversity-manufacturing-and-it-challenges/ (use bitly link for analytics)Knowledge @ Wharton: âUnder the Hood of Toyotaâs Recall: âA TremendousExpansion of Complexity.ââ http://knowledge.wharton.upenn.edu/article.cfm?articleid=2462
âGlobal platform management is at the heart of our challenge. To get it right, is the daily challenge of our engineersâ (Guilio, Tetrapak)
Tweet: #Product diversity is a requirement. Achieving #diversity with scale, delivering variety with efficiency, is the key to success http://www.ptc.com/solutions/product-diversity/ (use Bitly link for analytics)
Tweet: Relieve the headache of product #complexity & achieve effective #ProductDevelopment â Use #ProductPlatform approach http://www.ptc.com/solutions/product-platforms/ (UseBitly for analytics)
Tweet: Relieve the headache of product #complexity & achieve effective #ProductDevelopment â Use #ProductPlatform approach http://www.ptc.com/solutions/product-platforms/ (UseBitly for analytics)
http://www.ptc.com/solutions/product-diversity/ (Use Bitly URL for analytics)
http://www.ptc.com/solutions/product-diversity/ (Use Bitly URL for analytics)
http://www.frost.com/sublib/display-market-insight-top.do?id=262808285 (use Bitly for analytics)
Tweet: #PTCÂ Global Platforms helps companies meet requirements of market, region, and customer-specific products without drowning in complexityhttp://www.ptc.com/solutions/global-platforms/ (usebitly for analytics)
Tweet: #PTCÂ Global Platforms helps companies meet requirements of market, region, and customer-specific products without drowning in complexityhttp://www.ptc.com/solutions/global-platforms/ (usebitly for analytics)