Global Component Supplier Management (CSM): Driving a design-to-cost and sourcing strategy for High Tech companies

Global competition and ever-evolving business models make re-use and standardization key imperatives for
High Tech companies and other electronic component manufacturers to remain competitive.

With direct materials often representing more than 50% of an organization’s spending, companies managing
a global component supply-chain can gain significant benefits from implementing a Design-to-Cost part development and sourcing strategy.

By implementing a global CSM solution, High Tech companies and electronic component manufacturers can facilitate the management and sharing of component information across the enterprise to gain efficiency and optimize resource usage while driving for more effective part and product introduction processes that directly
impact their company’s bottom line.

Join Dassault Systèmes for an On Demand e-Seminar that examines how an effective CSM strategy
helps you to:

• Facilitate cost-effective part development decisions by bringing together engineering, test, quality, sourcing
  & supply domains.
• Drive economies of scale by re-using parts and intellectual property of any kind, standardizing component
  & optimizing sourcing & Volume Price Agreement (VPA) strategies.
• Improve component quality and compliance with company and regulation standards to reduce risk.
• Improve supply chain performance through supplier standardization and approved Vendor & Manufacturer List (AVL/AML) management. Support global business operations and Design Anywhere Manufacture Anywhere (DAMA)  strategy

LG Innotek adopted ENOVIA to properly manage large numbers of electronic parts in part because it is user-friendly and easy to implement.

Yu Hwan, Assistant Manager, Process Innovation (PI) Group, LG Innotek