Success story | Reshaping product development in a highly dynamic semiconductor market
RESHAPING PRODUCT DEVELOPMENT IN A HIGHLY DYNAMIC SEMICONDUCTOR MARKET
CHALLENGES
In a highly dynamic semiconductor market, developing advanced products while preparing for serial production is essential to gain a first-mover advantage and secure market share. Especially, in cost-intensive countries, time is of the essence to differentiate a company through fast developments and market introductions.
SOLUTIONS
To optimize critical product-related processes:
- We compared the client’s Product Development and Engineering Change Management processes to best practices from other industries
- Afterward, we categorized identified potentials based on the fit with the client’s specific business model and transformed them into actionable project measures for implementation
- We developed the PLM strategy from an IT perspective according to the client’s new processes
KEY DELIVERABLES
- Implemented Product Dev. Process: process description to increase product development performance in quality & efficiency
- Implemented Engineering Change Mgmt. process: process and IT steering tool to standardize and track engineering changes in series
- PLM strategy and implementation support: PLM target picture and roadmap and support during client’s implementation
CUSTOMER BENEFITS
- 1 global standard process for product development and engineering changes
- More than 40% FTE efficiency increase for engineering change management
- 2 new product introductions enabled through scalable processes
