ptc global product development solution

PTC GLOBAL PRODUCT
DEVELOPMENT SOLUTION
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
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GLOBAL PRODUCT DEVELOPMENT CAN ENABLE:
80
33
%
10
20
30
40
50
60
70
80
%
decrease in product
development time 2
improvement in design and
process reuse 1
0
40
%
90
100
0
10
20
30
40
50
60
reduction in change cycle time 3
70
80
90
100
0
10
20
30
40
50
60
70
80
90
100
1.) 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.
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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
PTC GLOBAL PRODUCT DEVELOPMENT
• Manages parts and product configurations
Manage a single source of truth for productrelated information
• Manages documents
• 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
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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.
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TO LEARN MORE about PTC’s approach to Global Product Development, please visit:
PTC.com/solutions/global-product-development/
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© 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.
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