Current Situation
Generally, products are designed and reviewed without preconsideration for where or how they might be fabricated at lower cost by taking advantage of duty-free zones and other trade and tariff regulations. Conversely, where products will be sourced is typically not factored into the design decisions from the get-go.
Goals and Objectives
Reduce cost and rework with simultaneous design and sourcing processes that integrate information about free trade zones and other trade factors into the design process up front.
Technology Deployed
PLM, global trade management, sourcing, and order management software
Use Case Summary
Achieve higher product profitability by managing product design in concert with sourcing decisions about free trade zones/sourcing locations to consider types of products and where and how they might be best produced from the start, factoring those elements into up-front design decisions.