How To Develop A Global Product Development Solution From Ptc

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1 PTC GLOBAL PRODUCT DEVELOPMENT SOLUTION

2 PTC Global Product Development Solution Think globally, develop locally The PTC Global Product Development solution helps companies who are striving for advantage in today s global manufacturing environment improve design and development by transforming their engineering processes. Through powerful design and collaboration features, including complex configuration management and secure control of intellectual property, PTC s Global Product Development solution improves decision making, reduces development costs, and accelerates time-to-market. Key Benefits Improve margins through higher product commonalities and greater innovation Reduce inventory costs with greater part reuse and less duplication Minimize changes and rework with integrated-bom management and product visualization Secure product data through managed partner and supplier projects Increase engineering resource capacity by optimizing product development processes Reduce development costs by improving team collaboration Page 1 of 5

3 GLOBAL PRODUCT DEVELOPMENT CAN ENABLE: 80 % 33 % 40 % decrease in product reduction in change cycle time 3 improvement in design and process reuse 1 development time ) HP Imaging and Printing / 2.) McKinsey and Company / 3.) Kirloskar Oil Engines Limited (KOEL) Join top manufacturers that benefit from the PTC Global Product Development solution to ensure effective, global, collaborative development and increased innovation. CASE STUDY: AGCO INCREASES REUSE OF DESIGNS AGCO, a global manufacturer of agriculture equipment, operates in 140 countries with 25 design centers. With over 1,500 users, the PTC Global Product Development solution helps AGCO improve quality and reduce time-to-market. AGCO deployed a single source of digital truth for product data to ensure a clean handoff from engineering to manufacturing and service across a highly distributed product design team. This business process transformation increased reuse of engineering designs and improved efficiency of change management. Page 2 of 5

4 Comprehensive Capabilities Proven in leading manufacturing companies, the PTC Global Product Development solution offers significant improvements in design and parts reuse, reduction in product development time, and dramatic cost savings through parts management. The PTC Global Product Development solution provides a single, globally accessible repository with best practices and tools helping drive collaboration throughout your organization. Single source of truth: Easily manage product and parts information in a single repository Manages parts and product configurations Manages documents PTC GLOBAL PRODUCT DEVELOPMENT Manage a single source of truth for productrelated information Manages PTC Creo Manages Multi-CAD product data Process Management: Optimize internal development by improving control and reducing development costs Streamlines new product introduction Improves internal and external collaboration Manages change throughout the product lifecycle Shared knowledge: Secure, global collaboration for better design and visibility Share information and standardize processes across engineering Manages a cross-discipline BOM (electronic, mechanical, documents) Secures intellectual property Enables 3D product visualization for the enterprise Integrates with ERP and other production systems Reuse parts to reduce product development costs Page 3 of 5

5 SCHNEIDER ELECTRIC STREAMLINES ENGINEERING WITH PTC The PTC Global Product Development solution connects over 5,000 engineers worldwide ensuring a secure, single source of design, development, and manufacturing information shared internally and throughout the entire enterprise. PTC's Global Product Development solution improves product development, reduces inventory costs, and saves Schneider Electric several million dollars in engineering expenditure. Implementing Global Product Development with PTC Global Services On Site Deployment: PTC Global Services has helped hundreds of manufacturing firms worldwide implement, adopt, and realize full business value from their PTC Global Product Development solution. The Global Services value centric engagement approach emphasizes four critical success factors: Strategic Alignment: Ensuring leadership and cross-functional alignment on business objectives, a detailed implementation roadmap, and value-based program management and metrics Process-Led Approach: Ensuring that PTC technology enables the most important process improvements for Global Product Development rather than using a technology-first approach Minimal Software Customization: Configuring out-of-the-box applications to simplify deployment, accelerate time to value, and maximize flexibility for future organizational needs Role-Based Adoption: Leading an integrated education and training program focused on the process and functional needs of different users and work groups Managed Services: For companies concerned with the burden of implementing and managing the PTC Global Product Development solution, PTC Managed Services can accelerate deployment, minimize IT requirements, and ensure performance by providing a hosted solution in a secure PTC data center with ongoing application management, performance tuning, and updates. Page 4 of 5

6 TO LEARN MORE about PTC s approach to Global Product Development, please visit: /solutions/global-product-development/ Page 5 of 5

7 2014, PTC Inc. All rights reserved. Information described herein is furnished for informational use only, is subject to change without notice, and should not be taken as a guarantee, commitment, condition or offer by PTC. PTC, the PTC logo, Product & Service Advantage, Creo, Elements/Direct, Windchill, Mathcad, Arbortext, PTC Integrity, Servigistics, ThingWorx, ProductCloud and all other PTC product names and logos are trademarks or registered trademarks of PTC and/or its subsidiaries in the United States and other countries. All other product or company names are property of their respective owners. J3038 GPD-BRO EN 0114