In today’s challenging economic climate, manufacturing firms are very focused upon finding and correcting inefficiencies. One of the major concerns is the need for interoperability. Multiple proprietary formats and applications in the CAD world alone, costs manufacturers billions every year. Concurrent engineering is one of the principle drivers for brining quality, new products to market swiftly. But, concurrency can come with a high price tag, so often too many processes are serial, leading to revenue loses. While there is no overarching remedy, there are certainly a number of steps companies can take to reduce cost both internally and across their supply-chain.
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