Study Underscores Challenges Companies Face Accessing and Leveraging Standards and Product Information
Posted on Tue, Oct 16, 2012
A recent survey, sponsored by Supply & Demand Chain Executive and IHS, explores the roadblocks organizations face managing the ever-increasing amount of critical business information flowing inside and outside their organization.
Over the last several years, the array and volume of information resources available to supply chain professionals, manufacturing executives, engineers and other technical personnel has increased considerably. From technical reports, field studies, standards and regulations, patent literature, industry journals and associations, reference designs
, parts data, EHS, product lifecycle and document management systems, digital libraries, and more - navigating this sea of information presents a growing challenge for those tasked with developing breakthrough new products, updating and extending existing products and streamlining production processes.
The explosion of internal and external information poses significant roadblocks for organizations – big and small and across every industry – and negatively impacts product development decision making. This, in turn, creates a great risk to sales, operations, quality and more.
Join Supply & Demand Chain Executive and IHS on Wednesday, October 17th, for a free live webcast event: Managing the Information Tsunami – Benchmarking companies’ ability to manage critical business information. We’ll explore the varying challenges organizations face relative to the data deluge and to connecting to the information, insights and expertise vital to a company's ability to drive innovation and improve efficiencies. Presenters, Rory King, Director, IHS, and Ken Klapproth, Product Design Director of Product Management, IHS, will discuss important findings from the survey and share practitioner insights that help:
- Pinpoint the types of information viewed as most critical within organizations
- Highlight the risks posed by poor management of critical business information
- Benchmark companies' ability to manage different types of information
- Identify the tools that companies use to obtain and manage information
