On-Time Start of Series Production with Digital Approval and Evidence Management

On-Time Start of Series Production with Digital Approval and Evidence Management

In the fast-paced world of manufacturers, e.g. automotive & transportation, time-to-market is a critical factor that often determines a company's success or failure. As these manufacturers increasingly rely on external suppliers for over 80% of their parts, the burden of verification and administrative tasks continues to grow. Traditional approval procedures, however, are proving to be significant obstacles in maintaining competitiveness and efficiency. The answer lies in adopting digital approval and evidence management systems that streamline these processes and ensure punctual series production starts.

The Drawbacks of Conventional Approval Methods

Traditional approval procedures for components and materials are largely analogue and static, making them ill-suited for the dynamic challenges of globalization. These outdated methods involve cumbersome steps that slow down the entire process, hindering a timely and secure start-of-production (SoP) and, consequently, a faster time-to-market.

The rigidity of conventional systems makes it difficult to adapt to the increasing demands of the industry. As a result, companies face delays and increased costs, which can lead to missed market opportunities and diminished competitive edge. To overcome these challenges, a shift towards more flexible and efficient digital systems is imperative.

Embracing Digital Transformation

The key to addressing these issues lies in the implementation of innovative digital approval and evidence management systems. By fostering a continuous flow of information through a mutual exchange right from the inception of the product, companies can significantly enhance their approval processes.

Digital systems enable real-time data sharing and collaboration between partners in the supply chain. This seamless integration not only accelerates approval processes but also reduces errors and redundancies. With secure IT procedures in place, companies can confidently share data, ensuring that all parties have access to the most up-to-date information.

Benefits of Digital Approval Management

  1. Increased Efficiency: Digital systems streamline the approval process, reducing the time and effort required to verify and approve components and materials. This efficiency translates to a faster SoP and quicker time-to-market.
  2. Enhanced Collaboration: By enabling real-time data sharing, digital systems foster better collaboration among supply chain partners. This collaboration ensures that any issues are quickly identified and resolved, minimizing delays.
  3. Improved Accuracy: Digital approval systems reduce the risk of errors associated with manual processes. Automated checks and validations ensure that all data is accurate and up-to-date.
  4. Cost Reduction: Streamlined processes and improved efficiency lead to significant cost savings. Companies can allocate resources more effectively and avoid the expenses associated with delays and errors.
  5. Competitive Advantage: A faster time-to-market and reduced costs provide a competitive edge in the automotive industry. Companies can respond more swiftly to market demands and capitalize on new opportunities.

use case automotive industry

Conclusion

The automotive & transportation industry's reliance on external suppliers and the increasing complexity of global supply chains necessitate a shift from traditional approval methods to digital systems. By embracing digital approval and evidence management, companies can ensure a punctual start to series production, enhance collaboration, and achieve a faster time-to-market. The benefits of increased efficiency, improved accuracy, and cost reduction make digital transformation an essential strategy for maintaining competitiveness in today's rapidly evolving market.

In summary, the transition to digital approval and evidence management is not just a technological upgrade; it is a strategic imperative that can drive significant improvements in the automotive manufacturing process. By fostering a culture of innovation and collaboration, companies can overcome the challenges of traditional methods and secure a brighter, more efficient future.

Authored by Bernd L?hle , CEO of material.one. Originally published in Top Company Guide.

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