|
Modularity and complexity reduction is critical to product introduction agility and margin maximization. Yet businesses continue to struggle with achieving reuse with cumbersome product life cycle management (PLM) approaches and disparate ERP and heritage systems. Part proliferation costs are staggering, especially with thousands of parts per products.
Companies incur additional costs from lost revenues from increased design cycle time, ramp-up costs from sourcing problems, as well as quality, reliability, and service impacts.
The i2 Solution: i2 Reuse and Product Sourcing
i2 Reuse and Product Sourcing is designed to provide a complete component sourcing solution for today’s complex production environment. It can help product teams establish reuse, cost, and line-of-supply targets for both vertical and outsourced approaches. The solution can provide end-to-end sourcing coordination, from engineering and product development to manufacturing and retirement.
i2 Reuse and Product Sourcing can address contract-based cost projections, hazardous material concerns, component obsolescence, and supply availability.
i2 Reuse and Product Sourcing capabilities can include:
- Centralization of sourcing and technical part information
- Part classification, category, or commodity indexing
- Part search and compare features
- Approved manufacturers list (AML) and approved vendor list (AVL) management with partner classification and qualification
- Contract-enabled pricing with part and supplier coding
- Bill-of-material-level cost, obsolescence, HAZMAT, and source assessment
Benefits of i2 Reuse and Product Sourcing can include:
- Reduced overall cost of goods sold
- Decreased design cycle times resulting in faster product introductions
- Reduced production costs with source path alignment and readiness
- Reduced supply risk through greater parts visibility
i2 Reuse and Product Sourcing is part of the i2 New-Generation Supplier Relationship Management (SRM) solution suite. Comprised of design, sourcing, and procurement solutions, i2 SRM can enable companies and their suppliers to collaborate to create and manufacture cost-effective products faster. i2 SRM solutions help discrete manufacturers reduce time to market, improve quality, cut costs, and better manage product life cycles. i2 SRM solutions are built on the i2 Agile Business Process Platform, which provides a development suite based on a state-of-the-art service-oriented architecture, enabling companies to make system changes at the rate of business innovation and as business processes evolve.
|
