Current Situation
Product, portfolio, and manufacturing cost analysis is performed as a separate batch process (not integrated with design/approval process).
Goals and Objectives
Higher product quality, increased product success rate, reduced environmental impact, lower development and manufacturing costs, and lower engineering change costs
Technology Deployed
Hardware: Servers, HPC, storage, IoT, smartphones, tablets, and wearables
Software: Cloud, social, CAD, CAM, CAE, PLM, PPM, ERP, cognitive/AI office tools, and security
Services: Business services and IT services
Use Case Summary
Accurate “should-cost” models related to production methods (e.g., investment casting versus 3D printing) and supplier pricing/quality history allow for real-time economic evaluations of decisions.