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Addressing ‘Enquiry Management’ challenges of ‘Engineer-to-Order’ manufacturing leveraging PLM
One of the biggest challenges of Engineer-to-Order manufacturing sector (ETO) lies in “Enquiry / Bid management”. This process demands planning, collaboration, knowledge management & reuse and strong analytics requirements to efficiently manage the same. This paper addresses the enquiry / bid management challenges and presents solutions on how Product Lifecycle Management (PLM) tools and processes can help address them.
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The Need for Advanced Sourcing Planning & Risk Mitigation Frameworks
Project based organization like Capital equipment, Heavy machinery & Construction / Off-highway equipment manufacturers, Aerospace companies, Ship builders etc. operate within Engineer-to-Order / Configure-to-Order scenarios & have typically higher "buy" content in "make-buy" mix. This forces them to critically evaluate alignment of sourcing of "long lead buy parts" to "overall project time lines" as part of their sourcing strategies. L&T Infotech's unique framework of "Advanced Sourcing Planning & risk mitigation" enables manufacturers appropriately advance sourcing taking into account business imperatives viz "Cost", "time" and "risks".
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