Reorganisations, mergers, global projects, and innovation are all opportunities to create new product parts, thus increasing costs to design, manufacture, test, source, and store the parts. In addition, unexpected disruptions to the supply chain can drain revenue and profits.
No matter the industry, NETVIBES data science solutions on the collaborative 3DEXPERIENCE© platform can help companies address these challenges and more, mitigating risks and generating significant savings. Leverage all of your data with 3D and artificial intelligence technologies for more efficient part management.
Let’s take a look at how customers are determining whether to reuse, buy or create product parts thanks to our collaborative platform powered by AI:
AI-Driven Sourcing & Standardisation Optimisation for a Resilient Supply Chain
Challenge:
The company is a leading multinational producer of luxury automobiles and sport utility vehicles (SUVs). Its mission is to become an all-electric luxury brand by 2025, and to establish itself as the world leader in electric SUVs and services. To accomplish that, the company needs end-to-end visibility, accountability and transparency. But silos of information, created by multiple systems and point solutions, were making that impossible to achieve.
Solution:
The company launched its business transformation strategy to overcome these challenges. Based on its positive experience with Dassault Systèmes NETVIBES and other solutions, it chose the 3DEXPERIENCE platform to bring all its data together and provide a foundation for its transformation. The NETVIBES Sourcing & Standardisation Intelligence portfolio is deployed on the platform as part of the Global Modular Architecture solution, providing out-of-the-box capabilities to meet the company’s goals.
Benefits:
The artificial intelligence-driven Sourcing & Standardisation Intelligence solutions have empowered the company to standardise its components catalogue, facilitating streamlined product design, easy identification of opportunities for part reuse and cost take-out, and competitive sourcing of components.
Available on the 3DEXPERIENCE platform, they allow unprecedented collaboration across design, engineering and purchasing teams. These benefits have also helped to optimise the supply chain, making it easier for the company and its suppliers to do business together.
Driving the reuse of our parts across multiple vehicles has lots of economies of scale for us
Senior Program Manager, Purchasing
READ THE FULL STORY HERE
AI-Maximised Vehicle Costs
Challenge:
A global leader in the transport and mobility industry with a commitment to creating value through sustainable vehicle design and mobility services, the company’s transformation strategy harnesses the virtual twin experience to connect data across the product lifecycle. Extending these data science capabilities to costing and purchasing functions would equip the organisation to better navigate volatile materials markets and ensure an agile supply chain.
Solution:
The company adopted the NETVIBES Material Cost Intelligence solution as part of its virtual twin, which is based on the Dassault Systèmes 3DEXPERIENCE platform on the cloud. The solution provides contextualised insights by aggregating business and design data around a unique point of reference. This allows the organisation to build agility into its supply chain and ensure that vehicle design is always aligned with business priorities.
Benefits:
NETVIBES Material Cost Intelligence has enabled the company to extend its virtual twin experience beyond design and engineering, empowering a new set of people to contribute to its technological and digital transformation. The solution’s powerful data science capabilities allow teams to work together across the enterprise, ensuring that design, engineering and quality KPIs are met while maximising cost efficiency.
By making all of this data accessible in the platform and applying business intelligence, we can identify savings opportunities on vehicles with immediate benefits for the company, and our customers will benefit from quality improvements on vehicles already in the field
Vice President of Engineering
READ THE FULL STORY HERE
Interested in learning more about how NETVIBES solutions can help you cut costs, reduce time-to-market and gain efficiencies? Click here
Watch the short webinar on how to optimise part procurement to generate savings!
This article was supplied by Dassault Systèmes
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