CIMdata PLM Industry Summary Online Archive
April 2007
Company News
Survey results: Top Challenges Impacting Manufacturers' Ability to Launch New Products
Earlier this year Arena Solutions launched Project Collaboration, an extension to Arena PLM that enables manufacturers to answer mission-critical questions such as " When will my product ship?" and "Where should I focus to avoid delays?"
The main driver for this extension was feedback received from their customer base and the results of a study conducted earlier this year. In this survey of more than 150 mid-market manufacturing companies, Arena Solutions found that 92 percent of respondents had severe impediments hampering their new product introduction process.
Key threats to the timely execution of product-related projects include:
• Poor coordination and communication across product teams (66 percent).
• Lack of visibility into constraints and bottlenecks (59 percent).
• Lack of infrastructure for standardizing processes and refining best practices (55 percent).
• Difficulty including suppliers and partners in project planning and execution (48 percent).
Arena Solutions invites you to download the results of the study here if you would like to learn more about what is impacting manufacturers' ability to consistently hit product launch dates.
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