Today innovation is king and manufacturers that can introduce new products quicker are gaining market share. Speed is competitive differentiator. Time to submit initial quotes are compressed, production volumes reduced, and product life is shortened. This means that manufacturers need to quickly and accurately create their quotes, submit their bid, and then launch their new products to survive let alone thrive in today's economy.
Infor CloudSuite Manufacturing uses best in class project management that provides solid foundation to plan, estimate and implement new product introductions as well as manage the entire process. It enables Industrial manufactures to get their products so market faster than the competition.
- Estimate/Quoting – Leverage project management to examine previous programs performance in terms of planned vs. actual cost variances
- New Product Design & Innovation – Tight integration PLM provides the initial engineer to order phase of the program, manage the Approval Process, and then ramp-up production into the repetitive manufacturing phase.
- Program Visibility – Maintain visibility to the program in terms of status and costs with projects and sub-projects.