Challenges
Manufacturers are adjusting their product portfolios to become global players, with global engineering centres and widespread manufacturing locations. Product management is thus becoming increasingly more complex. The challenges in this area include the following:
- Introduction of first-time right and profitable products
- Management of new product programs and maintenance of existing products
- Creation of global platforms and evolution of local platforms to suit country-specific requirements
- Focusing on costs and improving reuse and design excellence to manage supply chain and support operations
- Increasing product complexity as new features get added to existing products, increasing part proliferation
- Increasing product information distribution in complex, multi-location, multi-product environments
What TCS Provides
We help you define a next-generation product management environment, built on a LEAN process platform and digitized to provide greater management decision support on critical product milestones. We provide consulting solutions in this space and also offer a full range of services spanning design engineering, knowledge-based engineering, product data management and product lifecycle management.
Our integrated New Product Introduction (NPI) offerings include the following:
- Lean Product Development
- NPI Process Framework
- Process Harmonisation
- NPI Program Management
- NPI Management Dashboard and Analytics
- Product Fitment Evaluation
- PLM Implementation Roadmap
- Integration of Product Development and Enterprise Processes
Business Value
- Better control on NPI through cost control
- Effective BoM synchronization and change management systems to control inventory
- Reduction in NPI cycle time
- Ensuring “Right First Time”
- Rigorous reviews through dashboards
- Integrated view of the NPI process across the enterprise
- Effective cross-functional working
- Robust project planning and resource allocation
Customer Experience
We provide solutions in business transformation, portfolio management, NPI strategies, process redefinition, digitization road map and various other areas to global manufacturers in automotive, aerospace, industrial manufacturing, and chemical and process industry.