The Importance of Configuration Management In Industrial Equipment Manufacturing

 

Change management is a threat to the company’s bottom line

A company’s bottom line depends on how well it can manage product diversity. A timely response to engineering changes helps deliver products to market on time thus ensuring profitability and customer satisfaction. Managing changes and working with consistent and up-to-date bills of materials throughout the development cycle mitigates errors and bottlenecks. Industrial equipment manufacturers can achieve business success if they:

  • Successfully formalize their configuration management processes,
  • Implement a change management process that extends throughout their ecosystem,
  • Ensure BOM consistency and accuracy throughout the product lifecycle,
  • Centralize information in a common repository.

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