Let me start with a question, how would you describe your name shortly ? I cannot imagine the scenario where your short description of the name matches with multiple people and who to recognize for. A good description goes a long way – no pun intended. Whether it makes sense for everyone is a whole another matter. This is much more important in the field of engineering. For example, metric vs. imperial: a battle for the ages.
Creating standardized engineering data, mainly the part descriptions might seem like a straightforward task, but it comes with its own set of challenges. Here’s what I think are some of the difficulties:
In today’s fast-paced business landscape, the significance of material master data cannot be overstated. It serves as a crucial foundation for numerous business operations, providing accurate and comprehensive information about the materials a company uses or produces.
PLM or Product Lifecycle Management is a comprehensive approach to managing the entire lifecycle of a product. It covers everything from the initial concept and design through manufacturing, deployment, and eventually disposing. Did you know that AMC (American Motors Corporation) was the first to implement a working PLM process? It was so much effective that Chrysler, after acquiring AMC, implemented the process throughout their enterprise enabling them to be the lowest-cost producer of the auto industry at the time.
In a world driven by data, the quality of such data is important for organizations to make informed decisions, ensure regulatory compliance, and maintain competitive advantage. Recognizing this need, the International Organization for Standardization (ISO) developed ISO 8000, a set of standards specifically focused on data quality management.
Karthikeyan Subramanian
Palanivel Muthusamy