LiveWorx is the premier global technology conference and marketplace for solutions engineered for a smart, connected world. Event provides a vibrant atmosphere where leaders, experts, and industry influencers come together to discuss, debate, exchange, explore, and learn first-hand how cutting edge technologies are transforming the world of tomorrow. Join us at Booth # 621 to connect with our team and explore how organizations can take a step towards building the digital thread and the digital factory of the future, using an enterprise wide MBD and DFM initiative supported by DFMPro. Speaking Session: Beyond Product Cost Estimate – The Holistic Design Approach for Engineering Leaders Ascertainment of product cost is required during every stages of produce development life-cycle. At engineering stage 70% of product costs gets defined, as specifications are frozen at design release. More than half of engineering effort gets wasted in design rework, which happens due to sub-optimized design not from just cost point of view but largely due to manufacturability challenges. It is imperative that organizations must front load these decisions as there is much more flexibility at the beginning of engineering cycle and focus of aspects of design that drive and contribute to cost. We will demonstrate how simple changes to the design process can dramatically reduce product cost and improve design quality and how engineering leaders play pivotal role in providing significant benefits to the organization. In this session, we will see how organizations can take a step towards getting early visibility of the product cost and focus on key areas that will help to build new innovative products faster and acceptable cost to their customers.
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