How to reduce lead-times and improving quality in the design and manufacture of tooling
In the current economy companies are being forced to reduce costs, while at the same time improve product quality, in order to compete with companies based in low wage economies. One way to compete is to have a strategy that incorporates PLM (Product Lifecycle Management) and initially focus on working smart, and re-using valuable intellectual property.
Relocating work to a low cost economy can be one answer however retaining the work locally but working in a more intelligent manner can deliver the same results. This presentation looks at one component of the process called knowledge based tooling design and shows how an established business can take the first steps on a process of rapid development of their own PLM system, be more attractive to their customers and achieve greater profitability in the modern global economy.
For some years, Intrinsys have pioneered the application of knowledge based tooling design where the development of a tooling template is created which encompasses intellectual rules and standards. Once created, an engineer can develop new tooling in a fraction of the time because the routine and detailed features of the design can be automatically generated by the template. This mechanism also has the additional benefit of controlling the quality of the design and more importantly, capturing and retaining the intellectual property within the template.
You can visit Intrinsys and meet Gary in person, at stand G44 during the 3 day Afrimold Show.