Challenges and solutions for HighTech and Electronics

Short product life cycles, high product complexity, fast technological change and many product variants are significant for the business of our High-Tech customers. Combined with the often cyclical key markets, especially for suppliers, it is difficult to take sustainable portfolio decisions as well as to design internal change processes in the right way.
 

These are the challenges that are essential for this industry: 

 

(1) While the core processes of these companies – from product development to start of production - are mostly able to stand the pace that the market demands, product quality or failure rates often can’t convince, especially at start of production. The required product maturity is frequently not achieved - and it is not consequently controlled during the project, so that early counteractions would be possible. Here the introduction of maturity stage control for product development projects can lead to enormous improvements, because it helps organizing the interaction between mechanical engineering, electronics and software development.

 

(2) The shorter innovation and product life cycles are the more important is an efficient interaction of product strategy process, portfolio management and innovation process.
-> Innovation under control, Key enabler