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News Release from: RuleStream Corp
Edited by the Engineeringtalk Editorial
Team on 21 April 2008
Configurators boost sales
Companies using integrated sales, product and manufacturing configurators, report an average product margin difference of up to 21%, or an improvement of 80%.
RuleStream has released a new benchmark report from the Aberdeen Group, "Tailoring Products to Customer Preferences: Configuring Profits to Order" This report highlights how best-in-class technologies are helping custom product manufacturers
This article was originally published on Engineeringtalk on 17 Sep 2004 at 8.00am (UK)
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Companies using integrated sales, product and manufacturing configurators, report an average product margin difference of up to 21%, or an improvement of 80% when compared to their peers who do not use configurator solutions.
The report found that manufacturers are increasingly turning to customisation as a way to grow their business.
However, capturing and validating exactly what customers want while still delivering accurately quoted orders on time remains a major challenge.
Companies that are successfully addressing these challenges are able to reap the benefits of higher revenues and improved product margins.
"Integrated design automation technologies can generate new designs and downstream deliverables based on design rules and configurations".
"The use of integrated design automation is an undeniable differentiator for best-in-class performance", says Michelle Boucher, Research Analyst for Aberdeen Group's Product Innovation and Engineering practice.
"75% of the best-in-class engineer-to-order (ETO) companies have design automation, compared to only 17% of industry average and 0% of laggards".
A complimentary copy of this report is available from the RuleStream website.
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