What is Concurrent Engineering?
Concurrent engineering, also known as simultaneous engineering, is a method of designing and developing products, in which the different stages run simultaneously, rather than consecutively. It decreases product development time and also the time to market, leading to improved productivity and reduced costs.
Sophisticated ETO ERP (Engineer to Order ERP) systems with flexible BOM management systems enable concurrent engineering to be tracked and achieved.
Concurrent Engineering is a long term business strategy, with long term benefits to business. Though initial implementation can be challenging, the competitive advantage means it is beneficial in the long term. It removes the need to have multiple design reworks, by creating an environment for designing a product right the first time round.
Why do companies adopt concurrent engineering methods? in the world of wood working many projects are awarded with incomplete data sets. Specific materials, construction requirements, structural changes, are moving targets. To achieve acceptable delivery times projects are started without all of the data. As the data is collected the project engineering tasks are completed after the project has started in production or supply chain orders are issued.
The notable business benefits of concurrent engineering make it a compelling strategy to adopt. Introducing concurrent engineering can lead to: Timely delivery of unrealistic installation dates.