�ۿ۴�ý wins Master Data Management project for a Leading Industrial Automation Company

�ۿ۴�ý — Thu, 20 Oct 2016 07:14:26 +0000

�ۿ۴�ý, a global provider of design engineering and master data management services, has won a project on Item Master Database Validation and Enrichment from a world leader in industrial automation control and information. The Client is one of the largest companies in the world, dedicated to industrial automation and information products. Their products, software and services are recognized for quality, innovation and performance. Their solutions enable their customers to increase productivity, reduce cost and improve ease-of-use. The Client needed support with Item Master Database Validation and Enrichment, that included BOM validation,compliance management services such as RoHS, REACH, IPC 1752, sourcing of test report and SDS, and conflict minerals declaration as per CMRT. �ۿ۴�ý did an initial analysis of BOM for cost reduction options. The team conducted an in-depth evaluation of the Client’s existing database, and explored for ways to improve data accuracy and to meet the Client’s requirements as comprehensively as possible. The Client was pleased with the team’s attention to detail and commitment, and rewarded the project to �ۿ۴�ý. �ۿ۴�ý’s Head of Master Data Management services said, “�ۿ۴�ý’s initial analysis brought to light disparities and inconsistency in the existing data maintained by the Client, which were preventing them from offering competitive prices in the market. As a result of �ۿ۴�ý’s detailed study, we could ensure that the Client’s key issues were addressed. It has always been �ۿ۴�ý’s aim to assist our Clients in identifying how to reduce component costs and improve sales and margins.” About �ۿ۴�ý Engineering LLP �ۿ۴�ý Engineering LLP (enventure.com) is a privately-held, ISO 9001:2008 certified engineering and data management solutions company, with full-fledged engineering service delivery center in India. �ۿ۴�ý has been serving clients in North America and Europe since 1997 and is today a preferred supplier of engineering services to Fortune 500 companies, across different industry verticals such as Hi-tech electronics, Medical device manufacturers, Oil & Gas, Automotive and Heavy machinery. �ۿ۴�ý provides a wide variety of services to its clients, in areas such as PCB Design, Plant Design Engineering, Piping Engineering, Mechanical product design, CAD, CAM, CAE, Technical Documentation, Master Data Management, Component Engineering, and Regulatory Compliance Support.

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Why cost reduction analysts are important to ASIC design

�ۿ۴�ý — Sun, 24 Apr 2011 11:04:05 +0000

Even the most basic ASIC design must undergo careful product cost evaluation. PCB designs are generally produced in bulk, and any errors made in calculating the cost of production will be multiplied further along the line.

Around 70% of a product’s design costs are realized before it goes into production, after which there is little leeway for reducing them. Post-production decisions can add a further 10 – 15%. The rest is taken up with administration, sales and marketing, product distribution, etc, which are usually part of overall company policy.

When cost reduction consultants look at how to improve company profits, generally the first thing they suggest is to reduce R & D (research and development) expenses. They will place the emphasis on sales, marketing and other post-developmental areas. However, this is tackling the problem from the wrong direction. In both electronic and mechanical engineering, the main costs are decided at the point of inception – when the initial CAD drawings are done. Effective cost reduction management takes place at the very start of the design cycle.

Experienced cost reduction analysts see two common and recurring problems with new technology, such as novel ASIC designs. The first is underestimating how quickly the product can be undermined by the competition, mistakenly believing sales figures will continue to outshine costs. The second is miscalculating production costs, causing last minute design changes, extended periods of development and added manufacturing costs. Poorly budgeted manufacturing BOMs and poor obsolescence management are other areas of concern. We at �ۿ۴�ý Technologies employ experienced cost reduction analysts, and offer a comprehensive range of component engineering services including BOM cleansing and obsolescence management.

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cost reduction Archives | �ۿ۴�ý

�ۿ۴�ý wins Master Data Management project for a Leading Industrial Automation Company

Why cost reduction analysts are important to ASIC design