Skip to main content

Reducing costs and increasing development speed through engineering management

For industrial sector companies seeking to improve innovation, reduce costs and accelerate the speed of product development, challenges abound.
Executive strategy report
Industry: Electronics
Last updated: 18 Dec 2002
Summary
Analysis
Related reports & papers

i
Summary
As electronics and software content assume a greater share of value in industrial and technology products, meeting customer expectations while optimising revenue and profit depends increasingly on effectively managing innovation and improving engineering productivity. But for industrial sector companies seeking to improve innovation, reduce costs and accelerate the speed of product development, challenges abound.
Back to top
i
Analysis

In today's increasingly competitive environment, industrial sector companies encounter strategic challenges to advancing innovation, reducing costs and shortening product development cycles. The strategic challenges include:

  • Prioritising products against resources
  • Balancing reuse and innovation
  • Improving cost, quality and time-to-market
  • Managing technical obsolescence and risk

Tactical challenges include:

  • Improving the management of engineering teams across disciplines

  • Integrating the use of technical data and models effectively into engineering, manufacturing and after-sales processes

Most papers on product innovation management discuss the strategic challenges by addressing the topic from the top-down, strategy-driven perspective of a Chief Technical Officer (CTO). Although strategic vision at the highest levels is essential, addressing the tactical challenges requires the assurance of an integrated implementation tied to the design engineer's point of view, priorities and processes.

In this paper, we will present a case history demonstrating the strong results obtained by integrating platform management and knowledge reuse into the engineering process. By improving the way that engineers do their jobs -- with the benefit of an engineer's perspective -- companies can achieve significant gains in productivity and reductions in cycle times, with concurrent progress toward their strategic goals of customer satisfaction, reduced risk and optimised returns.

To read the full report, download the pdf file at the top of this page.

Back to top
i
Related reports & papers

Butterfly.net launches the first commercial computing grid for the online video game industry
Corporate strategy for the new millennium
Electronic billing: capitalise on your corporate strengths
How electronics companies can become more resilient and adaptable in a chaotic world
Learning: A key enabler to becoming an on demand organisation
Logical and Physical Security Integration Solution
Ready or not, here it comes -- High-tech 2005: The horizontal, hypercompetitive future
Sony Latin America transforms business with SAP
Storage solutions and services provider improves its supply chain
Taking responsibility, tapping opportunity: How will consumer electronics companies respond to WEEE mandate?
Back to top

Copyright (c) 2008 by IBM Corporation

Printable version

We're here to help

E-mail us

or call us at
1800 425 3333
IBM Global Services