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IOT & Its Impact on Supply Chain Management

Wed, 07/18/2018 - 09:37

The Internet of Things (IoT) is the network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, actuators, and connectivity that enables these things to connect and exchange data.  This creates opportunities for more direct integration of the physical world into computer-based systems, resulting in efficiency improvements, economic benefits, and reduced human exertions.

The number of IOT devices is estimated to reach 30 billion devices by 2020.  The global market value of IOT is projected to reach $7.1 trillion by 2020.  According to Gartner, more than half of major new business processes and systems will incorporate some element of IOT by 2020.  The Internet of Things has become a hot topic across the business world, in part because of the sheer number of “things” being connected over the internet. These devices, including cars, industrial robots, washing machines, elevators or home thermostats, are being outfitted with sensors and connectivity that enable them to generate high volumes of data, and transmit via the internet to organizations on the receiving end, collecting and analyzing that data, to make a variety of decisions.

IOT is implemented in all kinds of industries, like agriculture, manufacturing, healthcare, across company-wide programs, like supply chain, smart home gadgets, and wearable devices.  Amazon’s Echo (Alexa), Home Thermostat Nest , Eco Bee,  Google Home, healthcare wearable devices like Fitbit, Microsoft’s Azure, connected cars like Tesla, BMW, as well as home automation and home security devices are all great examples of how IOT is implemented across industry boundaries. 

The Implementation of IOT cuts cost and reduces risk and complexity associated with managing millions of connected devices in large-scale disparate environments.

How IOT is Revolutionizing Supply Chain Management

Supply chain management is a foundational business process that impacts nearly every enterprise, from manufacturer, to transportation of finished goods, to the point of sale.  The following are some of the operational examples made possible through Industrial IOT and representations of IOT's impact on supply chain.

  • Asset Tracking: Based on RFID tags or global SIMs allow a supply chain manager to know the real-time location of a product, truck or shipping container. Identifying, locating, and determining the status of assets is the top function of IOT.
    • Better Insights into the whereabouts of shipments by using the sensors and avoid manual counting and human errors.
  • Fleet Management: Companies, like DHL or Fedex, use cloud platforms that are fed data from the fleet, along with traffic models, weather reports and other sources, to plot an efficient route to deliver packages to customers.
  • Network operators & Equipment Vendors: Data Analytics is a large portion of deriving supply chain efficiency from IOT. Companies like Verizon, IBM and Cisco are deriving supply chain efficiency from IOT, by establishing greater visibility into supply chain data and processes, leveraging cognitive technologies.
  • Manufacturing Maintenance: One area where supply chain IOT progress can be seen is within production facilities that integrate sensor networks into machinery, to increase up-times, reduce operational cost, and improve overall quality of service. IOT - driven solutions have the ability to aid the efforts of mobile and web applications to control real-time operations and visibility by collecting data, like temperature and equipment malfunctions.

Photographic instruments can now scan machine components, such as blades, to send alerts for predictive maintenance. Additionally, scanners can check raw materials for traits like paint color, alloy strength, or fabric composition, to confirm accuracy before they are used for a finished product. Higher up-times for manufacturing can be seen in production facilities that integrate sensor networks into machinery. 

Inventory Forecasting: IOT data provides critical information, changing the way manufacturing and distribution companies understand procurement operations.  For instance, transit or retail stock levels can be closely monitored, including 3PL distribution centers and warehouses, so companies can receive advance warning on any shipping error, reducing data-entry errors and prolonged cycle times. 

The collection of data intelligence, with pattern analysis over time, enables accurate forecasting and intervention, should faulty operations occur.  As a result, inventory planners, production and procurement managers can be better informed and equipped for executive decision-making on materials to hold, build, or buy, better and more accurate forecasting; by closely monitoring retail stock levels, through more reliable connections, between assets and end users, and using IOT to get data to time an item’s shelf line.

CGN Global utilizes its predictive analytics knowledge to help businesses win in the expanding IOT space, by driving collaborative and innovative, easy to manage, adaptive supply chain networks, connecting IOT to the business, providing a fast response to dynamic markets.

We help our clients solve difficult problems and become winners in the marketplace. We do this with a powerful combination of good thinking, broad capabilities, and sheer drive to go beyond what's expected.

It's what we do - and we've been doing it for more than 20 years.

Creation Of Retail Magic

Thu, 06/28/2018 - 17:00

 

WHY IS EVERYONE GOING “IoT” ?

The Internet of Things (IoT) is the new “abracadabra” in the retail world. The technology has been around for at least 25 years, though the technology has only just matured, and is creating an impact on retail businesses.

 

In a recent article, Forbes reported that retail sales in 2017 were $3.5 trillion and estimated a 4% growth this year. Indeed, there is opportunity to increase revenue, by targeting the right customers, but despite increased sales, 7,000 major store closing announcements were made last year. The store closings were caused primarily due to the changing behavior of the customer, and the ease of ordering a product with the click of a button or a simple voice command. Brick and mortar stores carrying products have merely become museum pieces, a thing of the past. Retail sales are continuing to grow. However, the channel that the product is being purchased through by the customer is changing. By analyzing customer behavior and providing real-time solutions, IoT devices and applications create impact and improve operations in this pivotal shift.  The change in customer behavior causes a necessary change in structure of supply chain networks and financially sustainable business models.

 

HOW CAN IT HELP ME?

CGN continues to recognize this shift across the retail industry. As retail supply chains continue to go more and more digital, IoT devices and applications are becoming magic wands, ready to instantly shift a supply chain’s course.  With retail giants, such as Amazon and Walmart, sharing their digital transformations through IoT software, retail vendors and distribution centers, they have encouraged this shift. In the hope of growing the business and taking it to new heights, a few IoT impacts on the retail business include:

Improved Quality

Using temperature sensors for refrigerators to set optimal temperature control for grocery products

   Identifying Target markets

Identifying substitutional, impulsive, and loyal customers; in addition to targeting them with marketing coupons and improving the journey of the customer

   Cost Reduction

Setting the right amount of energy resources (electricity) required and predicting downtime for machinery present in retail stores

 

Inventory Management

Predicting the next stock out and plan optimal amount of buffer stock; critical for perishable retail products with short shelf life

 

WARNING

Even though IoT is cool and a hip thing to talk about in business conversations, it is important to analyze each business problem individually and estimate the true value and impact of IoT applications for each problem. In conclusion, IoT devices and applications still need to mature, in terms of creating an ecosystem of devices, analyzing real-time data, and generating a point of focus for autonomous operational use. Be careful while playing with magic.

CGN VALUE

CGN Global’s Digital Transformation Service is uniquely positioned to recognize and address this industry shift. CGN has developed digital solutions that provide business insights by leveraging the signals gathered from these IoT devices and other sources. It can help transform organizations worldwide to improve performance, profitability, and global competitiveness. We use our diverse experience and broad knowledge to provide strategic insights, actionable recommendations, and focused execution to drive results. We identify the challenges and the market opportunity with the use of IoT applications.

Modular Sourcing Improves End-to-End Supply Chain Efficiency

Mon, 06/25/2018 - 09:56

Companies operating globally, in a wide range of markets, cater to various needs of customers, with different requirements.  This requires having the flexibility to offer a large variety of products, which increases complexity, costs, and efficiency.  Companies need to develop a strategy, to manage offering these wide varieties of products, with an increased standardization of components.

Traditional product design within product life-cycle management (PLM), focuses on integrating product requirements into design, but fails to address the need for variants without increasing complexity.

Modular design is an approach that enables the standardization of components, and facilitates offering a wide variety of product
configurations.

A product with modular design is created by combining standardized components or modules that can be combined in different ways. Examples of systems with modular design include buildings, computers, cars and solar panels.

Modular sourcing is a sourcing strategy that allows companies to realize supply chain efficiency gains; through procuring standardized modules or sub-assemblies from suppliers. This will require development of standardized modules, during product development, and working closely with the suppliers to ensure module development is realized. Modularity benefits span the entire supply chain, as shown in Figure 1.

Figure 1. Modularity Benefits

One of the critical aspects of modular sourcing is developing modules. Our approach to modularization of a product is defined in 5-phases as  shown in Figure 2.

Phase 1: Clarify customer requirements. Understand the primary objective of the company, to pursue modularization, and learn how modularization will help the company achieve its strategy and satisfy customers. Companies need to gather the voice of the customer and the voice of the business to guarantee that they are met via modularization efforts.

Phase 2: Select technical solutions. Translate customer requirements into functional requirements. Identify functions and sub-functions necessary to meet each functional requirement and develop a functional structure. Identify product components for each function and sub-function, and develop the overall product structure. Identify interfaces between each component within the product structure.

Phase 3: Generate concepts. With the product structure defined, and interfaces identified, identify modules based on ideas from standardization and variants, assembly processes, and feedback from suppliers.

Phase 4: Evaluate concepts. Evaluate the developed modules and alternatives, based on various factors, such as cost, flexibility of changes, and level of modularization. Evaluate how modularization will help the company achieve its strategy and meet customer requirements.

Phase 5: Improve each module. Evaluate if the current level of modularization will help the company achieve its strategy and continuously improve modules until the objectives are met.

Once modules are finalized, the supplier collaboration has to continue to ensure the supplier has the necessary processes and technology developed to make the modules.

Figure 2. Modularization Approach

CGN Global has worked with clients in heavy equipment manufacturing, to address their business imperative of improving product response time to the market, have a competitive and flexible cost structure and evaluate make vs buy strategy. We assessed the internal requirements and facilitated workshops to evaluate a make vs. buy strategy, cost breakdown, product design, assembly processes and supplier footprint, and generated modularization ideas by working with various functions including engineering, manufacturing, purchasing, logistics and suppliers.  Ideas were generated and project teams were established to execute ideas that include modular design and sourcing, resourcing for supplier base consolidation, assembly process improvement, and material cost reduction. Modularization efforts resulted in reducing time to market by 12%, 6% total cost reduction and 15% supplier reduction.

 

Mergers & Acquisitions: Supply Chain Network Design & Integration

Wed, 06/06/2018 - 13:30

By Dhinesh Selvaraj

Mergers and Acquisitions (M&A) is a common phenomenon these days, involving consolidation of companies or assets. For instance, the recent acquisition of Broadsoft by Cisco Systems will help Cisco provide broader solutions to its clients and grow, in terms of subscribers, product portfolio, revenue, and size. It takes a lot of detailed financial analysis, and a huge negotiation process, involving many M&A firms – investment banks, law firms, accounting firms, consulting & advisory firms, before successfully sealing the deal, to perform post-merger integration activities.

After either a merger or an acquisition, there are huge opportunities to leverage through supply chain integration and consolidation, namely:

  • Economies of scale
  • Improved customer service
  • Service / SKU / Part number conversion to improve sales

The parent company would try to make significant efforts in reducing costs and pursue one or more of the following:

  • Corporate restructuring
  • Supply chain integration and network optimization,
  • Operational improvements to break even on acquisition costs.

When performed effectively and efficiently, a post-merger supply chain integration could lead to significant reduction in supply chain costs, which helps to breakeven on acquisition costs faster. So, the first step in performing the integration process is an assessment to understand the functions / areas that can be merged. Understand the levers that need to be considered while performing the integration. From a supply chain standpoint warehousing, logistics, systems integration, and end to end network design must be considered.

To do it the right way, a network model replicating the current state network should to be created including all products/parts, supply base, manufacturing centers, distribution centers/warehouses and logistics network of both the parent and the acquired firms. Feasible scenarios should be identified, which would bring significant improvements to the resulting supply chain network, in terms of customer service, and total supply chain costs; for instance:

  1. What happens to total cost when the supply chain network of the acquired is absorbed by the parent?
  2. What happens to supplier performance when the supply base for similar parts is resourced and/or consolidated?
  3. Can we significantly improve service levels by keeping some of the warehouses open from the acquired?

After validating scenario results, implementing changes to the network will be quite challenging, both from a process and physical integration standpoint. 

CGN Global recently helped a heavy equipment manufacturer successfully complete the integration of its aftermarket supply chain network with the acquired firm, to improve service, sales, and cease the legacy aftermarket supply chain, as well as save millions of dollars in total annual cost. The client wanted to launch an enterprise wide aftermarket supply chain integration, to consolidate all acquired parts inventory and manage the distribution and sales, through the existing well-established and more comprehensive aftermarket network. This would lead to all benefits that were previously mentioned.

The parts integration process and team, along with our consultants, were considered a separate factory that converted and superseded legacy parts into the client’s current aftermarket supply chain. CGN was responsible for establishing the process, and improving the overall operational performance of this factory, by building efficient tools and solutions.

At CGN Global, we build fast paced, effective and efficient solutions to solve the identified root causes. Our 20 plus years of experience and expertise in problem solving, and solution building, have helped our clients successfully improve the EBIDITA, through significant reduction in total supply chain costs, by completing the integration swiftly and accurately.

How do we integrate?

 

 

Building Your Blue Ocean Strategy

Wed, 06/06/2018 - 12:42

By Surpriya Garg & Jith Rabindranath

 A blue ocean represents all industries not in existence today, as an unknown market space, untainted by competition. In Blue Ocean Strategy, demand is created, rather than fought over. There is ample opportunity for growth that is both profitable and rapid. There are two ways to explore a blue ocean.

In a few cases, companies can give rise to completely new industries, as eBay did with the online auction industry. However, in most cases, a Blue Ocean Strategy is created from within a red ocean, where a company alters its boundaries within an existing industry.

 

 A prime example is Cirque du Soleil. By breaking through traditional boundaries, bridging circus and theater, Cirque du Soleil made a new and profitable blue ocean from within the red ocean of the circus industry.

Cirque du Soleil is a Canadian entertainment company, founded in 1984 by two former street performers, Guy Laliberté and Gilles Ste-Croix. Guy and Gilles did not restrict themselves to traditional circus, by combining the best elements of circus and theatre. In doing so, they eliminated the trade-off between value and cost for the consumers.

 W. Chan Kim and Renée Mauborgne, the creators of Blue Ocean Strategy, define the four steps that Cirque du Soleil took to create a successful blue ocean. These steps are include:

Unfortunately, most companies seem stranded within their red oceans. In a recent study conducted, comprised of 108 companies, it was found that 86% of new ventures were incremental improvements to existing industry offerings.  A mere 14% were aimed at creating new markets or industries. While line extensions did account for 62% of total revenue, they delivered only 39% of the total profit. By contrast, the 14% invested in creating new markets and industries, delivered 38% of total revenues and a startling 61% of total profits.

By focusing largely on competition, companies have ignored two very important lucrative aspects of strategy. One such aspect includes finding and developing markets where there is little or no competition (blue oceans).  The second aspect involves exploiting and protecting blue oceans. These challenges are very different from those to which strategists have devoted most of their attention.

Leading-edge technology is sometimes involved in the creation of blue oceans, but it is not a defining characteristic. This is often true even in industries that are technology concentrated. As seen over time, across all industries, blue oceans are seldom the result of technological innovation.  However, the underlying technology was often already in existence. Even Ford’s revolutionary assembly line can be traced to the meatpacking industry in America. Like those within the auto industry, blue oceans within the computer industry did not come about through technology innovations alone, but by linking technology to what buyers valued. For example, the IBM 650 and the Compaq PC server often involved simplifying the technology.

At CGN, we help our clients look past the red ocean and aim for the blue, by looking to the future, exploring new innovative and disruptive markets. We empower company leadership to look at the holistic view of industry, its customers, and visualize the current and future gaps within the industry.  From here, CGN drives transformation by eliminating and reducing extra features, while raising and creating value for customers, by re-defining the organization, and turning assets into advantages, driving innovation and agility across the organization, truly transforming the business with a roadmap to the future.

 

 

 

5 Ways To Optimize Retail Point Of Purchase Display Production & Store Delivery

Thu, 05/17/2018 - 11:31

Since 76% of all purchase decisions are made in-store and 68% of retail purchases are impulse driven, retail point-of-purchase (POP) displays represent one of the strongest Marketing vehicles to influence shopper behavior, sway brand loyalty, and ultimately increase sales.

When displays are not optimally produced and fulfilled, the results are waste, lost sales, competitive weakness and lower marketing performance. Companies spend billions every year on displays and other forms of POP.  Yet many do not know or realize the potential savings and operational improvements at every stage in the process. An end-to-end cross-functional approach, involving all company and vendor stakeholders, reveals hidden waste and inefficiencies, enabling higher optimization, greater control of merchandising programs and increased return on investment.

These are some often missed operational improvements:

Forecast Accuracy: Delivering the right quantities of the right POP to the right stores, at the right time, is critical to success. Missing the promotional windows and product launch dates lowers compliance and product sell-through. In addition to waste, poor forecasting reduces marketing impact. Products are coming to market more quickly, and in-store support along with it. With accelerating SKU proliferation and a volatile retail environment, order lead times are shortening and demanding sensing requires more complex real-time data analysis. New tools, performance metrics and visibility across the enterprise are necessary.

Waste Reduction: In addition to forecasting, there are many end-to-end operational improvement opportunities that can impact the bottom line, including lean manufacturing, material spendinventory reductionoverrun elimination, transportation, and administration costsAdditionally, carbon footprint reduction and fuel conservation help sustainability cost.

Efficiency: Improvements inefficiencies can be found throughout the supply chain, including design, printing, packing, and shipping.

Design Standardization– the optimal mix of customized, standardized and dynamic elements can reduce costs while maximizing breakthrough communication and merchandising. A straight cost-cutting approach can reduce performance and ultimately, lower ROI.

Distribution Network Alignment and Models - increasingly complex omnichannel models require quicker and more efficient means to deliver at stores.

Operational Redundancy - elimination and reduction of excess touches

Transportation - route efficiency

Stakeholder Alignment: Marketing, sales, production and other stakeholders must be aligned on goals, plans, execution and performance metrics. How well are agencies, printers, shippers and other vendor partners collaborating and operating as an efficient and effective team?

Visibility: All stakeholders should clearly and quickly see waste, inefficiency, forecasting accuracy, bottlenecks and other issues. Performance measure tools and team-driven improvement processes need to be in place with accountability across all functions.

POP production optimization reduces marketing investment and increases return, resulting in improved ROI and high sales. Working in functional silos and cutting budgets will only provide short-term, limited savings and can reduce effectiveness. For a multiple-year, bottom line impact, a holistic approach looking at both savings and performance should be implemented.  The result is more displays going up in store with a lower spend, stronger retailer relationships, higher consumer loyalty and ultimately, increased revenue.

Power Sector - Opportunities Within The Challenges

Mon, 04/30/2018 - 00:00

Background: With the advent of renewable energy sources, social media connectivity, and a revolution in electric vehicles (EV), the traditional power industry (especially utilities) is facing challenges that it has never seen before. The industry must optimize the cost of business and meet customer expectations. After the Paris climate accord of 2015, a consortium of 121 solar resource rich countries, also known as the International Solar Alliance, are working on reducing the cost of technology and device financing. For future energy requirements, many nations are now encouraging the use of non-conventional sources of energy, while increasing costs and taxes for the conventional sources. In the future, customers currently receiving electricity themselves, and act as mini-generators.

Challenges & Opportunities:

Structural Changes: To meet the current challenges, utilities need to look towards a scope of improvement within themselves. A major cultural challenge that most power companies face, is the focus on short-term goals. Many companies deep-dive into money-saving tactics, like budget-cuts and quality compromise, but ignore the overall impact of those tactics in the long run. Additionally, managers in one department do not have visibility to the procurement of another department, creating conflicts in the future. Companies need to shift from a tactical view to a strategic view for procurement and operations, as well as an enterprise based structure for better results.

Inventory Issues: Similarly, the utility business is expected to have high standards of service. Therefore, a great amount of non-moving and slow-moving inventory is kept on stand-by for emergency situations, involving a big sum of capital. Also, a lot of time and inventory is being written-off, due to expiration of their shelf life or main machine replacement, with new technological advances. The concept of “just-in time” inventory, through supplier collaboration, will help avoid the cost of holding inventory for long periods. Additionally, a regular and thorough health monitor of critical machines, via predictive maintenance, is also a way of keeping the faults at bay, avoiding preventive actions.

Network Modeling: In addition, power generation is moving towards a decentralized model with non-conventional sources, such as roof-top solar panels. So, network modeling of distribution networks plays a vital role in responding to the demand of scattered customers. Tools like SCADA (Supervisory Control and Data Acquisition) and DMS (Data Management System) are effective at understanding load feeder conditions. From the lens of a developing or third-world country, this approach can be very helpful in providing power to the last man. Efforts like Restructured Accelerated Power Development and Reforms Programme (R-APDRP) in India are encouraging the use of technology for improving reliability and reducing aggregate technical & commercial (AT&C) losses.

Data Analytics: Power utilities need to work on analyzing data (predictive analysis) for a better response to customer demands. Additionally, this is necessary to guarantee that there is no over-generation or under-generation of power. They must move towards a “pull” rather than a “push” strategy. Cases from Texas wind farms and Germany’s renewable (solar and wind) energy sources are classic examples of over-production, making utility companies pay consumers (negative prices) for the usage of energy. Power utility companies can work with trade agreements involving blockchain technology.

Future Outlook: Since electric vehicles are coming up to speed in cost and quality with combustion vehicles, power utility companies can play an important role within the EV industry. Utility companies can leverage their existing infrastructure for investments in EV charging mechanisms. This will help boost the new EV technology, and assist utility companies in stabilizing the grid, during off-peak hours, and manage the huge demand from EV charging.

How CGN can help: CGN holds expertise in the field of cost reduction, continuous process improvement, inventory handling, and supply chain modelling. We have worked with Fortune 100 clients improving their operational efficiencies, across multiple industries, creating successful partnerships, transforming these companies into successful enterprises, by producing long-term solutions to their immediate problems.

Collaborative Cost Management

Fri, 04/20/2018 - 00:00

Many industrial companies utilize a structured method for product design. Continuous estimation and tracking of the product cost is very important throughout the product development lifecycle. As the product design matures, the cost structure often shifts significantly. There are various reasons for this shift, including:

  • Significant customer requirement changes and
  • Lack of visibility into the impact of design changes on product cost

To address various challenges with respect to cost, we will illustrate and review a method called Collaborative Cost Management (CCM) during the new product development (NPD) process. If a procurement team is not involved in the process from the beginning, supplier selection and price negotiation will be significant challenges to overcome. CGN has explored these challenges, during client engagements. In one such scenario, products were not meeting customer expectations, putting the customer in a position to accept a tradeoff between quality, functionality, and cost. Another scenario was associated with component cost increases, a result of additional functionality added.

Collaborative Cost Management (CCM) has multiple applications across the product lifecycle. Collaboration between cross-functional teams such as, engineering, manufacturing, supply chain, purchasing, suppliers during early product development phase, will help reduce costs through ongoing visibility to overall product cost and targeted initiatives to manage it. CCM helps find innovative ways to reduce costs benefitting all parties.

Once the target price is set for subsystems, CCM can be introduced in phases. Phase 1 - Pre-CCM, Phase 2 – During Design and Phase 3 - Post CCM, when cost drivers are reviewed on the ongoing basis and actions are taken to manage the product cost. The following table shows a structured approach:

 

Phase I Phase II Phase III Pre CCM CCM Post CCM Identify part information (Part family, category etc.) Cost Analysis, Supplier Analysis Run iterations to identify other cost drivers

 

CCM FRAMEWORK

 

 

Pre CCM-activities cover:

  • Information collection, related to part family and category
  • Establishing target costs by subsystem / major component
  • Establishing baseline cost and process for ongoing review
  • Analysis of scrap, Work in Progress (WIP) on high value add manufacturing process

CCM activities cover:

  • Identification of potential suppliers & supplier analysis,
  • Establishing supplier involvement within the product development process
  • Identification of cost levers and conduct should-cost analysis
  • Run Cost Lever Evaluation Matrix

(Cost Lever Evaluation Matrix is an all-inclusive tool created by CGN to identify cost drivers that is used to optimize design for cost. Matrix covers 4 areas that influence cost: design, operations, location & supplier)

Post CCM-activities cover:

  • Creation of multiple iterations of the cost lever evaluation matrix, to see full opportunities
  • Recording component information, should-cost analysis, supplier analysis
  • Defining and managing cost reduction action items

Benefits:

  • Achieved cost reduction savings of 33% through supplier collaboration*
  • Better price points through a cross functional collaboration approach
  • Cost effective, optimized design and a good quality product

 

 

CCM SUMMARY: Strengths Short-Term Benefits Long-Term Benefits 1. Cost focus – Early NPD stage
2. Active collaboration within cross-functional teams
3. Captures Cost drivers throughout product value chain 1. Identification of Cost Levers
2. Supports supplier negotiations
3. Improves collaboration across all workstreams (Supplier, Engineering, Purchasing, Supply chain & Operations) 1. Provides direction to strategic sourcing initiatives
2. Product cost efficiencies – margin improvement

CGN brings an all-inclusive CCM methodology where clients are encouraged to have effective collaboration between cross-functional teams during early NPD phase of the product thus bringing significant benefits in product cost and product development efficiencies.

*Note: Prices can only be used to set targets or negotiate when the tools are modeled to a specific manufacturing process and specific suppliers